QNB Group, the largest financial institution in the Middle East and Africa, has demonstrated its financial strength and leadership by securing a place among the worlds top banks in The Banker magazines Top 1000 Global Bank Rankings 2025.
The U.S. Federal Trade Commission is seeking more details about SoftBank Group Corps 9984.T, opens new tab planned 6.5 billion purchase of semiconductor designer Ampere Computing, Bloomberg News reported on Tuesday.
Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continents first Pan-African card scheme. Unveiled on June 27 at the 32nd Afreximbank Annual Meetings in Abuja, Nigeria, the new card represents a major leap in Africas efforts to achieve financial sovereignty by building resilient and independent payment systems, easing people travel and boosting trade integration.
Global payments processors Visa V.N, opens new tab and Mastercards MA.N, opens new tab default multilateral interchange fees which are charged to retailers infringe competition law, a London tribunal ruled on Friday in the latest round of the long-running legal saga.
Gold lost 4% of its value over the past week in the Egyptian market, reflecting a noticeable decline in demand and a shift in investor preferences. This local was further reinforced by a 2.8% decline in global gold prices during the same period.
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