by Jibran Munaf | November 7, 2024 | Banking
RAKBANK has announced a strategic partnership with Paramount and Archer to implement an advanced Governance, Risk, and Compliance (GRC) solution, aimed at strengthening the bank’s risk management and compliance framework. This collaboration aligns with RAKBANK’s...
by Jibran Munaf | November 7, 2024 | Corporate Finance, Real Estate
Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading real estate developers and service providers, has reported a robust financial performance for the nine-month period ending September 30, 2024. The company’s profit before tax reached...
by Jibran Munaf | November 7, 2024 | US Elections 2024
On Wednesday, Democratic Vice President Kamala Harris made a call to congratulate Donald Trump on his victory in the US presidential election. Harris, who is expected to deliver public remarks later in the day, also discussed the significance of a peaceful transfer of...
by Jibran Munaf | November 7, 2024 | Corporate Finance
Burjeel Holdings PLC, listed on the Abu Dhabi Securities Exchange (ADX), reported a strong revenue increase to AED1.3 billion ($354 million) in Q3 2024, fueled by a surge in patient footfall and improved patient yield. Over the first nine months of 2024, total patient...
by Jibran Munaf | November 7, 2024 | Economy
The Federal Reserve is poised to announce a likely interest rate cut on Thursday, spurred by cooling inflation and a labor market slowdown. However, another, subtler factor—tight credit conditions—may also support the move, as strict lending standards have curbed...
