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FDI flows to developing economies drop to lowest level since 2005 – World Bank

FDI flows to developing economies drop to lowest level since 2005 – World Bank

.High trade and investment barriers pose threat to mobilising financing for development Flows of foreign direct investment (FDI) into developing economies, a key propellant of economic growth and higher living standards have dwindled to the lowest...

Flows of foreign direct investment to developing economies drop to lowest level

Flows of foreign direct investment (FDI) into developing economies—a key propellant of economic growth and higher living standards—have dwindled to the lowest level since 2005 amid rising trade and investment barriers, new research from the World...

Malta's Financial Sector Grows Steadily As MFSA Sharpens Oversight And Protection

Malta's Financial Sector Grows Steadily As MFSA Sharpens Oversight And Protection

(MENAFN- PR Newswire) Against the backdrop of an evolving economic landscape, Malta's financial services sector continues to demonstrate resilience. The industry now accounts for 8.2% of the country's real Gross Value Added (GVA), a 0.2 percentage...

Malta's Financial Sector Grows Steadily As Malta Financial Services Authority Sharpens Oversight And Protection

The Malta Financial Services Authority (MFSA) has published its 2024 Annual Report, outlining a year of regulatory progress, strategic reform, and close collaboration with stakeholders both locally and internationally. The report highlights the...

Access Bank retains best bank title

Access Bank retains best bank title

Access Bank Ghana PLC has been crowned the Best Bank in Ghana for 2025 by Global Finance magazine, a globally revered financial publication. This marks the second consecutive year that the bank has clinched this coveted award, having first secured...

Irish banking giant AIB follows NatWest back to private ownership after 2008 bailout

Irish banking giant AIB follows NatWest back to private ownership after 2008 bailout

By MIKE SHEEN Updated: 04:01 EDT, 17 June 2025 Allied Irish Banks has followed Britain's NatWest back to full private ownership after the Irish government sold its remaining shares after the bank's 2008 bailout. The bank, one of the Republic of...

Egypt: Electricity Minister probes strengthening energy cooperation with EIB, EU delegations

Egypt: Electricity Minister probes strengthening energy cooperation with EIB, EU delegations

Arab Finance: Minister of Electricity and Renewable Energy Mahmoud Esmat held a meeting with Vice President of the European Investment Bank (EIB) Gelsomina Vigliotti and Director-General of the European Union (EU) Stefano Sannino to discuss...

Converse Bank Partners with IFC to Boost Trade Finance Capabilities

Converse Bank Partners with IFC to Boost Trade Finance Capabilities

NEWS » Business » Converse Bank Partners with IFC to Boost Trade Finance Capabilities Converse Bank has secured trade finance line from the International Finance Corporation (IFC). YEREVAN, June 17. /ARKA/. Converse Bank has secured trade finance...

UK bank TSB could be sold off by Spanish owner Sabadell

UK bank TSB could be sold off by Spanish owner Sabadell

The Spanish bank Sabadell has said it has received interest from prospective buyers of its UK division TSB, and said it would assess any firm offers it may receive. Sabadell wants to sell TSB as it battles to fend off an €11bn (£9.4bn) hostile...

How Can Europe Replace US Support For Ukraine?

The Kiel Institute for the World Economy has released a new report outlining how Europe could replace U.S. support for Ukraine both financially and militarily. The organization has calculated that European governments as a whole will need to...

Stocks dip, oil rallies as Middle East tensions keep investors on edge

Stocks dip, oil rallies as Middle East tensions keep investors on edge

By Johann M Cherian and Amanda Cooper LONDON (Reuters) -Stocks fell, while oil and gold rose on Tuesday, as fighting between Israel and Iran entered a fifth day, raising investor concerns over the risk of a broader regional conflict in a week...

TSB's Spanish owner weighs sale a decade after £1.8bn takeover of British banking business

TSB's Spanish owner weighs sale a decade after £1.8bn takeover of British banking business

By JANE DENTON Updated: 04:12 EDT, 17 June 2025 The Spanish parent group of Britain's TSB is considering the sale of the high street bank. Banco Sabadell, which is currently defending itself from being taken over by a major rival, has said it will...

From tension to cooperation: France and Morocco reconnect

From tension to cooperation: France and Morocco reconnect

In a move aimed at strengthening rapprochement between the two countries, and following France’s recognition of the Western Sahara autonomy initiative, the French president arrived in Morocco on Monday for a three-day visit at the invitation of...

Barclays calls in McKinsey to find savings in investment arm

Barclays calls in McKinsey to find savings in investment arm

Tuesday 17 June 2025 10:01 am Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email Barclays investment banking unit is its biggest division. Barclays has tapped global...

Banks significantly increased fossil fuel financing in 2024, analysis finds

Banks significantly increased fossil fuel financing in 2024, analysis finds

The world’s biggest banks significantly increased their fossil fuel finance in 2024, according to an analysis. The top 65 lenders – which include UK giants Barclays, HSBC, Natwest and Lloyds Banking Group – committed 869 billion dollars (£639...

The World Bank is ready to expand the HOPE initiative in Ukraine

The World Bank is ready to expand the HOPE initiative in Ukraine

Deputy Prime Minister for Ukraine’s Recovery and Minister for Communities and Territories Development Oleksii Kuleba met with Mr. Min Zhang, Global Director of the World Bank’s Urban Development, Resilience, and Land Global Practice. The meeting...

Major high street bank up for sale as Spanish owner weighs UK exit

Major high street bank up for sale as Spanish owner weighs UK exit

Spanish bank Sabadell has begun exploring a sale of its UK subsidiary TSB, with the high street lender attracting interest from several major British banks. The Spanish bank is working with advisers to examine offloading the UK unit and has been...

Steady momentum, strategic shifts: Inside EMEA’s sustainable finance landscape

Steady momentum, strategic shifts: Inside EMEA’s sustainable finance landscape

Image: Supplied In this interview with Gulf Business, Lina Abou Diab, EMEA Sustainable Fixed Income & Middle East Securities Lead at Bloomberg LP, breaks down the latest trends in sustainable finance. From the resilience of green and social bond...

United Group Appoints New CEO Stan Miller Amid EU Market Strategy Shift

United Group Appoints New CEO Stan Miller Amid EU Market Strategy Shift

United Group BV (UG), the leading telecommunications and media provider in Southeastern Europe, majority-owned by leading international investment firm BC Partners, announced the appointment of Stan Miller as CEO and Libor Voncina as Deputy CEO....

Stocks to watch on June 17: TCS, HCLTech, Zee, Biocon, Hyundai, ICICI Bank, NTPC

Stocks to watch on June 17: TCS, HCLTech, Zee, Biocon, Hyundai, ICICI Bank, NTPC

Even as tensions in the Middle East continue between Israel and Iran, the stock market saw gains on Monday, supported by strong performance in large-cap stocks. Investors seemed focused on long-term growth despite the uncertain global environment....

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