President Trump told reporters that India may be hit with a tariff rate of 20% to 25% and cautioned that the final levy still hadn’t been decided. This news comes days before Trump’s Aug. 1 deadline, when nations who have not yet reached a deal will face higher tariffs. “I think so,” Trump told reporters
QIIB has been awarded the 2025 “Leadership Award for Sustainable Islamic Finance” in Qatar by the Union of Arab Banks (UAB), recognising its pioneering role and ongoing contributions in this field. Omar Abdulaziz al-Meer, Chief of Corporate Sector at QIIB, received the award at the Banks Awards and Commendations of Excellence ceremony, recently organised by
Laxmi India Finance IPO Day 1 Live: Laxmi India Finance Ltd, a Jaipur-based NBFC player, launched its initial public offering (IPO) on July 29. It will remain open till July 31. Laxmi India Finance IPO price band is fixed in the range of ₹150 to ₹158 per share. Laxmi India Finance’s offering includes a fresh
Meelan Gupta | Global finance & treasury pro w/ 25+ years’ experience in Africa, the Middle East, Europe & Asia | GeBBS Healthcare Solutions getty Many African economies face persistent shortages of foreign exchange (FX), particularly U.S. dollars, which can impair their ability to fund imports, pay off debt and maintain stable macroeconomic conditions. The
Dubai Islamic Bank (DIB), the world’s first Islamic bank and the largest in the UAE, has executed Turkish Airlines’ first-ever Islamic aircraft financing transaction. DIB acted as financier for the acquisition and induction of a new Airbus A350-941 into the Turkish Airlines fleet, with the transaction structured through a 12-year Islamic finance lease (Ijarah). Dubai
The Finance Ministry on Tuesday upgraded its economic view on Okinawa Prefecture, reflecting robust vehicle sales and an increase in Japanese and foreign tourists. In a quarterly report, the ministry left its view on the other 10 regions unchanged. It also adopted the same national economic assessment for the ninth straight quarter, saying that the
From just $0.01 to $0.035, Mutuum Finance (MUTM) has already surged by 350% during its early presale phases, catching the eye of both crypto newcomers and seasoned DeFi analysts. With its clear roadmap, strong tokenomics, and real-world financial utility, many now believe that Mutuum Finance (MUTM) has the structure and momentum to reach $10 by
Laxmi India Finance IPO Day 1 Live: Laxmi India Finance Ltd, a Jaipur-based NBFC player, launched its initial public offering (IPO) on July 29. It will remain open till July 31. Laxmi India Finance IPO price band is fixed in the range of ₹150 to ₹158 per share. Laxmi India Finance’s offering includes a fresh
The shares of Mill City Ventures (MCVT) are surging as the Nasdaq-listed specialty finance firm reveals a new treasury strategy using layer-1 protocol Sui (SUI). In an announcement, Minnesota-based Mill City Ventures says it will raise $450 million in a non-public offering, or private placement, and use most of the funds to establish a Sui
A shopkeeper speaks with a customer while selling spices at a market in Karachi, June 11, 2024. — Reuters ISLAMABAD: Headline inflation for July 2025 is expected to ease between 3.5% and 4.5%, the Ministry of Finance said Monday, attributing the decline to improved exchange rate stability, steady energy prices, and uninterrupted domestic supply chains.