The deal allows Finastra to refocus on payments and lending while Pollen Street gains a standalone unit with 150+ global clients. Pollen Street Capital has agreed to purchase Universal Banking, Finastra’s core banking software division, in an undisclosed transaction. The u
DarGlobal, a London-listed real estate developer, has awarded an SR338m ($90m) contract for primary infrastructure works at the Rayana master community to Compass and Bin Omairah Company. The project is situated in Wadi Safar, Diriyah, one of Riyadh's high-profile district
Iran secured oil export waivers in US-mediated talks, easing supply concerns and pushing Brent crude down by $0.61 to $79.96. Brent crude fell to $79.96 a barrel, down $0.61, after Iran announced it had obtained waivers for oil and petrochemical exports. The decline follow
Traders assess digital assets as geopolitical tensions ease and U.S. inflation data looms following Fed Chair Warsh’s policy overhaul. Digital asset markets are navigating a pivotal week as traders weigh the impact of Federal Reserve Chair Kevin Warsh’s restructured FOMC p
New figures from the UK's Insolvency Service point to rising financial distress among small and medium-sized construction companies due to heightened geopolitical tensions in the Middle East. Citing government figures, RSM UK said 592 smaller construction businesses became
Negotiators from both nations will resume technical discussions today to outline implementation mechanisms for the framework agreement. The United States and Iran have agreed to a 60-day roadmap aimed at finalizing a nuclear and sanctions deal, according to reports. The fr
Investors weigh progress in US-Iran negotiations against lingering tensions, capping volatility in early Asian trade. Asian equities showed a mixed performance Monday as markets balanced optimism over advancing US-Iran talks with persistent geopolitical uncertainty. Report
Mediators Qatar and Pakistan announce a structured roadmap to finalize a US-Iran agreement within two months. US and Iranian officials concluded talks in Switzerland with a 60-day roadmap to finalize a peace deal, mediated by Qatar and Pakistan. The agreement establishes a
Bank of Japan’s Himino highlights risks of overshooting inflation targets if monetary policy adjustments are postponed. Bank of Japan Deputy Governor Ryozo Himino cautioned that delaying further policy adjustments could lead to a significant inflation overshoot, following
Negotiators review draft statement after in-depth discussions to secure maritime passage amid nuclear deal talks. US and Iranian officials held detailed negotiations on a nuclear agreement, emphasizing mechanisms to prevent escalation and ensure the Strait of Hormuz remain
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