by Jibran Munaf | September 1, 2024 | Central Banks, Currencies
The Qatar Central Bank (QCB) has announced the issuance of treasury bills totaling QR 4.5 billion (approximately $1.23 billion) across several maturities. These include periods of 7 days, 35 days, 91 days, 182 days, 273 days, and 336 days. Qatar Central Bank issued...
by Jennifer George | August 29, 2024 | Mergers & Acquisitions, News
The enterprise wing of the UAE’s leading tech-telco group, e&, has officially acquired a 100% stake in Turkey’s GlassHouse Bilgi Sistemleri Ticaret Anonim Şirketi, a nationally acclaimed cloud and SAP infrastructure service provider. e& purchased...
by Vasu Jit Kalia | August 28, 2024 | Banking, Central Banks
China’s central bank conducted 277.3 billion yuan (about US$38.94 billion) of seven-day reverse repos at an interest rate of 1.7 percent Wednesday. Xinhua news agency quoted the People’s Bank of China as saying that the move aims to keep liquidity...
by Jibran Munaf | August 27, 2024 | Banking, Financial Education & Literacy, News
Mashreq Bank, has announced the launch of its new graduate programme, ‘Pathfinders’. This initiative is designed to provide Emirati fresh graduates with specialized training and development opportunities tailored to the specific needs of various business...
by Vasu Jit Kalia | August 22, 2024 | Banking, Central Banks
Korea’s central bank froze its key rate for the 13th straight session Thursday due to soaring home prices but may start a policy pivot this year amid moderating inflation and a slower-than-expected economic outlook, Yonhap News Agency reported. The monetary...
by Jennifer George | August 22, 2024 | Banking, News
Mashreq recently launched the IBAN Validation API, tailored for its business and corporate customers. The move reaffirms the bank’s status as a leader in digital banking innovation. The API seamlessly integrates with the Central Bank of the UAE (CBUAE) payment...
