Samsung Electronics and Taiwan Semiconductor Manufacturing Company (TSMC) have held talks with United Arab Emirates (UAE) officials that could see the semiconductor behemoths establish plants in the swashbuckling Persian Gulf state reportedly worth more than $100 billion. First reported last month, the development comes amid a determined push by the UAE to establish itself as … Read more
We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. Learn more. While the price of Global Entry may be rising, it won’t cost you an extra dime if you have the right travel rewards credit card. … Read more
We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. Learn more. Want the coveted “trusted traveler” status that allows you to zip through airport and border security? Soon, it’ll cost you much more to apply. U.S. … Read more
Innovation and leadership are core to Awash Bank’s success, both in its legacy as well as its future. It is already a pioneering privately-owned bank in Ethiopia’s financial landscape. Among its 29 peers in the domestic market, Awash Bank dominates in terms of asset size, profitability, capital base, deposits, and loans and advances. The next step, for most of the rest of this decade, is a roadmap to transform the bank to reach greater heights. “Our vision is … Read more
In a thrilling announcement that’s sure to get gamers and music lovers buzzing, EA Sports has confirmed that the catchy Afro-fusion track “Benin Boys,” performed by Nigerian sensations Rema and Shallipopi, will feature in the official soundtrack of the much-anticipated video game, EA FC 25. Yes, that’s right! Your favorite football game, previously known as … Read more
After a half-century in which it embraced a doctrine of free trade, the industrialized West seems to be moving in the opposite direction: rolling out an expanding list of new tariffs on imports and placing increased reliance on industrial policy to promote domestic industries. In the US, with both parties in this November’s presidential election … Read more
After a bailout pulls Egypt back from the brink, new foreign investment and robust local banks sector suggest a return to growth. Last fall, as conflict erupted in Gaza, Egypt’s economy, already weakened by the Russia-Ukraine war and the Covid-19 pandemic, teetered on the brink of collapse. By early 2024, the Arab world’s largest country … Read more
A $734 million initial public offering by Ola Electric Mobility Limited, an Indian electric two-wheeler (E2W) maker, surpassed expectations to emerge as the Mumbai market’s most successful-ever debut on August 9. Ola is a pure electrical vehicle (EV) brand with a leadership position in scooters and motorcycles, claiming a 49% market share in the E2W … Read more
Home Executive Interviews Brazil Central Bank President Campos Neto Sees Trade Friction As Big Risk To Global Economy Global Finance magazine interviewed Brazil Central Bank President Roberto Campos Neto, who has been at the helm since February 2019. In recognition of his leadership in managing Brazil’s monetary policy, Campos Neto earned an “A” grade in … Read more
James Bullard, the former president of the Federal Reserve Bank of St. Louis from 2008-2023 and a former member of the Federal Open Market Committee, was named the dean of the Mitchell E. Daniels, Jr., School of Business at Purdue University in July 2023. Bullard talked with Global Finance magazine recently about a wide range … Read more