In a surprising turn of events, banks in the Gulf Cooperation Council (GCC) countries are sitting on more liquid cash than many of their global counterparts. This shift is largely due to the high interest rates in Europe and other regions, according to an executive from Qatar National Bank. Speaking
Imagine a bank that reaches out to those who often get left behind. That's what Boost Bank is doing! Created by Axiata Group Berhad and Boost, this digital bank has teamed up with RHB Banking Group to make financial services more accessible. They’re focusing on safety measures against unauthorized a
The Southeast Asia 500 list has highlighted a significant trend: the region is becoming a major manufacturing hub. The COVID-19 pandemic and geopolitical tensions have sped up this transformation. While financial companies top both the U.S. Fortune 500 and SEA 500 lists, Southeast Asia has more ener
On Tuesday, one of the six people accused in a campaign finance scheme involving Mayor Eric Adams's contributors had their charges dismissed. Ronald Peek, 66, was part of a group indicted last July for allegedly funneling money to Adams's campaign through straw donors between 2020 and 2021. Manhatta
Simona Jankowski, who has been at the helm of investor relations and strategic finance at Nvidia for seven years, is leaving to join a startup as their chief financial officer. The move comes after her notable contribution to the company’s growth during her tenure. In 2017, when she joined Nvidia fr
Ever wondered how some finance chiefs climb the corporate ladder so quickly? Let’s take a look at three young stars who have proven their mettle in the world of business. Shawn Flores, 35, has been with Par Pacific Holdings for nearly a decade and is now its CFO. He believes in creating an efficient
Things have heated up in Kenya's capital, Nairobi. Protesters are taking to the streets, angry about a new finance bill. The atmosphere is tense, with fires burning at government buildings and tear gas filling the air. Among those affected is Auma Obama, sister of former US President Barack Obama. A
Have you heard about the recent egg recall? The FDA isn't messing around this time. They've issued a Class I recall, which means these eggs could make people seriously sick or even die. It's all because of a nasty strain of Salmonella that doesn't play nice with antibiotics. The affected egg brands
The 36-year-old quarterback Kirk Cousins has come a long way since his Achilles injury last season. Just five games into his comeback, he stunned fans with an impressive 509-yard performance against the Tampa Bay Buccaneers on Thursday night. This milestone makes him the 13th player in NFL history t
The music industry, with its non-stop tours and constant social media spotlight, can take a heavy toll on artists. It’s like they are always on stage, even when they’re not performing. The pressure can build up quickly, leading to stress that affects their health and well-being. Industry executives
