All told, investors bought 265,000 homes in the January-March quarter, an increase of 1.2% from the same period a year earlier, the firm said. Despite the modest annual increase, the rise in the share of investor home purchases is more a reflection of how much the housing market has slowed as traditional buyers face growing
Ras Al Khaimah Economic Zone (RAKEZ) has recently signed a Memorandum of Understanding (MoU) with Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, aimed at facilitating the bank account opening process for RAKEZ clients. The agreement was signed by RAKEZ Chief Government and Corporate Relations Officer Yaser Abdulla Al Ahmed, and ADIB Retail
The City minister has reaffirmed the government’s ambition for a green transition across the financial services sector, despite the industry pivoting on climate priorities. Speaking at City Week on Monday, Emma Reynolds said: “The UK has a world leading financial and related professional services ecosystem and the research that is needed to integrate sustainable finance.”
Muscat – In a landmark move underscoring its commitment to driving digital innovation and financial inclusion, Sohar International has announced the official launch of its Open Banking platform—making it the first bank in the Sultanate to introduce a fully integrated Open Banking solution. This strategic advancement enhances the bank’s digital ecosystem and reflects its role
The FOS is an independent body with responsibility for deciding on complaints against firms that provide financial products and services. The highest amount the ombudsman can award went up this year to £445,000, a substantial increase from the £150,000 limit before April 2019. The FOS received 141,846 new complaints between July 1 and Dec. 31,
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(The Center Square) – Senate Republicans are itching to finalize and pass their version of the House-passed One Big Beautiful Bill Act, but a new ruling from the Senate parliamentarian requires them to nix some wish list items. Because Republicans are using the budget reconciliation process to fast-track the multitrillion-dollar policy bill, their proposals need
The Muthoot Finance share price has been in the limelight after the RBI‘s final gold loan norms relaxed some of the tighter norms proposed in the draft. The stock ended the session with nearly 4% gains. The stock is Jefferies preferred pick in this space. The international brokerage house has a price target of Rs
Recognition underscores Altimetrik’s digital business approach in the banking and financial services sector DETROIT, June 03, 2025–(BUSINESS WIRE)–Altimetrik, a pure-play digital business company, has been recognized as a “Major Contender” in Everest Group’s inaugural Banking and Financial Services (BFS) IT Services Specialists PEAK Matrix® Assessment 2025. Altimetrik’s Digital Business Methodology (DBM) and AI-first solutions have
Saudi-based Nayla Finance has announced that its micro-financing solutions platform has received Sharia certification from the Shariyah Review Bureau (SRB), a leading Sharia advisory firm licensed by the Central Bank of Bahrain. This marks a key milestone in Nayla’s mission to empower small and medium-sized enterprises (SMEs) in the Kingdom by offering ethical and Sharia-compliant