Saudi Arabia in discussions to deposit $5 billion at the Turkish Central Bank
Saudi Arabia’s huge deposit will be a major boost for President Recep Tayyip Erdogan’s efforts to ...
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Bank of England prepares for the biggest rate hike in 33 years
The Bank of England intends to increase its interest rates from three-quarters of a percentage point ...
Bank Of England’s Bond Buying Intervention Concludes at £19.7bn, Gilt Yield at 4.825%
Bank of England had promised to buy £65bn worth of gilts through a temporary repo facility ...
Islamic Development Bank board approves US$ 1.12 billion in development financing and US$ 1.79 Million in Grants
The Islamic Development Bank’s (IsDB) Board of Executive Directors, approved a total of US$ 1.12 billion for development ...
BankIslami becomes first Islamic bank to finance Shariah-compliant EWHR in 2022
BankIslami has become the first Islamic Bank to have effectively structured and dispensed Pakistan’s first Shariah-compliant ...
Central Bank of Europe ready to ‘stamp out’ surging inflation in 2022
On Tuesday, the head of the Central Bank of Europe said it would gradually combat soaring ...
In new move, Philippine central bank to raise rates by 25 bps, some call for 50 bps
The Philippine central bank will raise rates by 25 basis points, in an indication that rates ...
Nvidia is forsaking its purchase of Arm Limited from SoftBank; Arm Limited to release IPO in March 2023
According to people conversant with the situation, Nvidia Corporation is forsaking its purchase of Arm Limited ...
Bank of England increases interest rate to 0.5% to curb inflation
The Bank of England surged its primary interest rate as a fragment of a measure package ...
US Federal Reserve to release its CBDC between 2025 and 2030
The Federal Reserve discussed fabricating its coin in a 35-page paper in the preceding week
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