by finance_admin | November 25, 2024 | Banking Regulations, Central Banks, News
The US Federal Reserve is expected to implement a 100-basis-point (bps) reduction in interest rates in 2025, according to Swiss bank UBS. The anticipated cuts are seen as a factor contributing to the continuation of the “Roaring 20s,” characterized by robust economic...
by finance_admin | November 21, 2024 | Banking Regulations, Fintech, Technology
Dubai Chamber of Digital Economy (DCDE), one of the three chambers operating under the umbrella of Dubai Chambers, has announced that it supported the establishment and expansion of 485 digital startups in the emirate between Q1 and Q3 2024. This represents an...
by finance_admin | November 21, 2024 | Banking Regulations, Mergers & Acquisitions, News
Indian billionaire Gautam Adani has been charged with fraud in the US, accused of orchestrating a $250 million bribery scheme to secure contracts for his renewable energy company. The charges, filed on Wednesday in New York, are a significant blow to Adani, who is one...
by finance_admin | November 20, 2024 | Banking, Banking Regulations, Central Banks, Fintech, Investment Banking, Retail Banking
The UAE has firmly established itself as a leader in the digital banking transformation sweeping across the Middle East, with the country commanding the largest share of the region’s $3.2 trillion in banking assets. A new report from Arthur D. Little (ADL)...
