Banks (Finance)
Former UK Prime Minister Rishi Sunak has returned to Goldman Sachs as a senior adviser, marking a new chapter in his career after his departure from politics in 2024. Sunak's appointment adds a seasoned policymaker to the firm's roster, amidst increasing geopolitical and regulatory volatility in
Stock exchanges
PIA Holding CompanyB NC, trading under the symbol PIAHCLB, witnessed a substantial fluctuation in its share price, closing at Rs. 19,649.09 on July 8, 2025. The company operates in the investment banks, investment companies, and securities companies sector on the main board of the Pakistan Stock Exchange. With
Banks (Finance)
Rachel Reeves, the Chancellor, is facing mounting pressure to overhaul the ring-fencing regime imposed on British banking giants to bolster the sector's international competitiveness and economic growth. Top banking chiefs and the wider financial services industry have called for a "ring-fence 2.0" that would adapt
European Union
European Investment Bank (EIB) Vice-President Robert de Groot and Montenegro's Minister of Finance Novica Vukovic signed a Host Country Agreement at the EIB Global headquarters in Luxembourg, reaffirming EIB's commitment to supporting Montenegro on its path towards EU convergence. The agreement paves the way for an
European Union
The European Investment Bank Group is joining forces with Polish car platform VEHIS to expand access to financing for a range of businesses in Poland. The partnership aims to generate a new portfolio of SME and Mid-Cap leases totaling PLN 2.6 billion, with at least 30% of the new
Economic development
The European Investment Fund (EIF) and the European Investment Bank (EIB) Group have partnered with Polish car platform VEHIS to expand access to financing for small and medium-sized enterprises (SMEs) in Poland. The partnership aims to support financing of low-carbon road vehicles and women-led businesses, contributing to regional development and
European Union
In a significant move towards promoting gender equality and women's economic empowerment, the European Investment Bank (EIB) has launched the "Women for Stronger Communities and Growth" initiative alongside key partners, including the European Commission, the Government of Luxembourg, the Gates Foundation, the World Bank's
Economic development
The International Islamic Trade Finance Corporation (ITFC) has been recognized with a GTR Best Deals of 2025 award for its innovative US$150 million Murabaha financing facility to support Tèkiye's post-earthquake economic recovery. This landmark Shariah-compliant financing facility was designed for post-disaster recovery and delivered working capital support
European Union
The European Commission and the European Investment Bank (EIB) have announced a new guarantee agreement that will provide up to EUR5 billion to de-risk investments and expand EIB operations outside the European Union (EU). This agreement has the potential to unlock up to EUR10 billion in funding for critical projects
European Union
The European Investment Bank (EIB) and Banque El Amana (BEA) have signed an agreement to provide a €20 million loan to support small and medium-sized enterprises (SMEs) in Mauritania. The loan aims to strengthen seafood value chains, a strategic pillar of cooperation between Mauritania and the European Union, as part
European Union
Moody's Ratings has affirmed the European Investment Bank's (EIB) long-term issuer rating and senior unsecured foreign-currency ratings at Aaa, citing the bank's strong capital and liquidity metrics, prudent and sophisticated risk management, and very strong shareholder support. The stable outlook reflects Moody's
European Union
The President of the Republic of Burundi officially inaugurated the Jiji hydroelectric power plant, marking a key step forward in the country's pursuit of energy self-sufficiency. The plant, located in Bururi province, is a large-scale infrastructure that was co-financed by development partners including the African Development Bank, the
