Marking CY22 as a landmark year, Faysal Bank (FABL) has completed the process of converting to a full-fledged Islamic Bank, set to commence operations from 1 January, 2023, a conversion that started eight years ago. Simultaneously with the conversion process, the bank continued to grow with highest deposit growth recorded organically at 21% YoY. The…
Standard Chartered to sell its Jordanian business to Arab Jordan Investment Bank
DUBAI, UAE: Standard Chartered plans to sell its Jordanian business to Arab Jordan Investment Bank (AJIB), as the bank presses ahead with plans to exit seven markets in Africa and the Middle East, Reuters reported. The bank entered into an agreement with AJIB, subject to central bank approval, which will see Standard Chartered’s corporate, commercial…
How to Reduce Shipping Costs: A Go-To Guide for Small Business Owners
As business owners, managing costs is of utmost importance. And one of the biggest areas to hit every budget – particularly for e-commerce businesses – is shipping. Whether you ship locally or internationally, need to package and send out large items or small ones, there are a plethora of ways to reign in shipping losses…
Useful Information You Should Know About Energy Law
Are you a homeowner eager to learn about the laws and regulations related to energy generation and use in your area? Are you a business owner looking for ways to increase your sustainability score through better compliance with state energy laws? Or are you just curious about what rights and responsibilities come with participating in…
2023 would be another challenging year: IMF chief Kristalina Georgieva
The International Monetary Fund (IMF) managing director Kristalina Georgieva reiterated her view that 2023 would be another challenging year, with global growth slowing to below 3% due to scarring from the pandemic, the war in Ukraine and monetary tightening. Even with a better outlook for 2024, global growth will remain well below its historic average…
How to Protect Your Legal Rights After a Car Accident
Are you thinking of suing a driver after an accident? Planning to sue or file a lawsuit require evidence. You can protect your legal rights after a car accident by taking certain steps. In fact, studies show that one-third of drivers who experienced a traffic accident later file lawsuits. Many drivers fear the expenses related…
Al Baraka Group wins big at the Islamic Finance News ceremony
MANAMA, BAHRAIN: The Bahrain based Al Baraka Group B.S.C (“ABG” / the “Group”) has announced two of its Units won the prestigious Islamic Finance News Awards for “Best Digital Offering”. The winners were selected based on an annual comprehensive referendum conducted by the Islamic Finance News magazine. Over 38,000 votes were cast this year, and…
CMG CleanTech announces U.S. joint venture with Green Garden Village in Osceola County
PARIS, FRANCE: CMG CleanTech S.A., leader in the green energy technology sector, has been announced as the winner of United States based project bid, allowing Joint Venture partner Panacea Global Energy expansion of its operations to North America with the opening of its first U.S. flagship facility, Green Garden Village, in Osceola County. The Osceola…
7 Common Solar Panel Shopping Errors and How to Avoid Them
Are you tired of your power bill increasing over time? Higher energy costs mean larger electric bills that add up over time. You need to do something about it and consider renewable energy power. If you’re thinking about an investment in solar panels, you’ll have to figure out where and how to shop for solar…
Streaks Gaming announces advertising partnership with William Hill US
LONDON, UK: Streaks Gaming (LSE: STK), a GPT-driven conversational gaming platform targeting customers in the emerging US sports betting market, announced an advertising partnership with William Hill US, including Caesars Sportsbook & Casino and World Series of Poker. Streaks Gaming will feature William Hill US offers throughout the Streaks product and expects this advertising partnership…
8 Things You Need To Know About US Taxes
Taxes can be a headache, but they don’t have to be! Understanding the basics of US taxes and keeping on top of your filing responsibilities is the key to staying compliant – without stressing out. With that in mind, I’ve put together this guide designed to give you a comprehensive overview of all the important…
Block Inc. shares nosedive 19% after fraud allegations by Hindenburg Research
Shares of Block Inc., which operates through two segments: Square and Cash App., plunged 19% after short seller Hindenburg Research announced the payment company was its latest short position, alleging that Block allowed criminal activity to operate with lax controls and “highly” inflates Cash App’s transacting user base, a key metric of performance, CNBC reported….