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2025-06-062025-06-062025-06-092025-06-0911111100
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2025-06-062025-06-062025-06-092025-06-0911111100
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global islamic finance assets reach 3.9 trillion with strong growth in 2024

The global Islamic finance industry grew by 14.9% in 2024, reaching US$3.88 trillion in total assets, with significant contributions from Islamic banking, sukuk, and takaful. The sector is expanding into non-traditional markets, driven by fintech innovations and a positive outlook for growth, particularly in emerging economies. Projections indicate the Islamic fintech sector will exceed US$300 billion by 2027, with strong growth anticipated in sukuk and Islamic banking.
Fintechnews Middle East
TZA QAT SAU IRQ BHR IDN GHA ARE KEN UGA DZA ZAF ZMB ETH MYS LBN ZWE EGY PSE MAR CHN IND SYR JOR OMN BGD TUN KWT NGA PAK Show more
Finance & Economy, Market Report
05:00 09.06.2025

Newborn Town establishes global headquarters in Hong Kong to drive expansion

Newborn Town Inc. has launched its global headquarters at Hong Kong Science Park, marking a significant step in its expansion strategy. The company, which has seen remarkable growth in the MENA region, attributes its success to targeted market focus and innovative AI solutions that have driven substantial revenue increases. Despite strong financial performance, Newborn Town's market valuation remains low, suggesting a disconnect between its achievements and investor perceptions.
Tech in Asia
QAT SAU YEM IRQ BHR HKG ARE DZA MYS LBN EGY PSE MAR SYR JOR OMN TUN KWT Chunhe Liu Show more
Business & Industry, Press Release
04:00 06.06.2025

naoris protocol secures 3 million funding to enhance quantum-resistant blockchain technology

Naoris Protocol has successfully raised $3 million in a funding round led by Mason Labs, with participation from Frekaz Group, Level One Robotics, and Tradecraft Capital. This investment highlights the growing urgency to address quantum computing threats in the blockchain ecosystem.The protocol features a quantum-resistant blockchain and a cybersecurity mesh architecture, designed to protect systems without requiring hard forks. Led by a team of experts from cybersecurity and defense sectors, Naoris Protocol aims to enhance security in the Web3 landscape through its innovative infrastructure.
My Startup World - Everything About the World of Startups!
MAR GBR David Carvalho Inge Kampenes Mick Mulvaney David Holtzman Ahmed Chami Show more
Technology & Innovation, Press Release
10:21 02.06.2025

performance trends in global stocks and banking sector analysis

German second-line stocks lead with a 20.62% increase, followed by commodity stocks at 10.11% and automotive sectors at 6.96%. In banking, Goldman Sachs and UBS show strong performance, with year-to-date gains of 79.8% for Societe Generale, while Sberbank faces a significant decline of 67.53%. The average performance of BSN-Group Banks stands at 23.19%.
boerse-social.com
DEUTSCHE BANK AG The Goldman Sachs Group, Inc. COMMERZBANK AG Aareal Bank AG American Express Bank, FSB. BANK DenizBank AG ZMB SGP BEL CHE CAN ZAF PRI HUN PAK KNA TZA SWE ITA KOR NLD POL VGB TTO DEU SAU GRD FIN RUS REU MYS ESP ZWE MAR CHN NGA UGA USA BRB AUT HKG MUS COM ISR PRT BHS DNK NAM PHL VNM TWN IRL GBR ARG NZL ATG NOR EGY IND BWA MEX LCA CYM CZE MDG TUN DMA TUR AUS FRA ETH DZA JPN IDN LBY SYC BRA KEN VCT THA Show more
Finance & Economy, Market Report
13:22 17.05.2025

cisco systems insider trading and institutional investment activity reported

Cisco Systems' executive vice president now owns 191,184 shares valued at approximately $11.6 million after a recent sale, which decreased their position by 1.07%. Over the past 90 days, insiders sold 14,635 shares, while institutional investors hold 73.33% of the stock. Analysts have raised Cisco's price target to $73.00, suggesting a potential upside of 14.74%. The company reported earnings of $0.96 per share, exceeding estimates, and announced a $15 billion share repurchase plan, indicating management's belief in the stock's undervaluation.
Defense World
Cisco Systems Inc. 401(k) Plan TLS GEO SGP BEL URY LSO AND TGO GMB SUR HUN TJK KNA MHL TZA SWE GNQ SVK CYP BHR CUB POL VUT HTI SAU EST CPV SYR GRD BLM SRB AZE GHA REU UZB KIR ESP JOR AIA PER SWZ PSE WLF LUX USA WSM BRB BRN ISR PRT STP MAC HRV PLW KGZ PHL DOM ROU TWN PRY BDI IRN MNP NOR EGY GRC PNG MYT MKD BEN TUN DMA LTU ETH DZA JPN IDN ARM VCT KAZ THA FSM MNG ZMB TUV CHE CHL ZAF PRI ISL CMR ITA KOR AGO NCL COL NLD VGB NIU TTO DEU JAM GUY MSR FIN MNE RUS LVA SVN QAT MYS ZWE MAR TON CHN ALB NGA UGA SLE IRQ AUT HKG COM MUS BHS YEM DNK ECU KWT NAM SLB SMR VAT VNM IRL NER GBR BIH OMN ARG ATG IND LBN BWA MEX LCA CZE MDG BLR AUS FRA SHN RWA MCO UKR LBY COK BRA KEN SYC COG BGR Deborah L. Stahlkopf Show more
Technology & Innovation, Market Report
09:28 17.05.2025

deutsche bank lowers indie semiconductor price target while maintaining buy rating

Deutsche Bank has lowered its price target for indie Semiconductor, Inc. to $4 from $5 while maintaining a Buy rating. The company specializes in automotive semiconductors and software for advanced driver assistance systems, with a focus on edge sensors and a global presence in design centers across multiple countries.
MarketScreener
DEU JPN KOR ISR CHE MAR CHN ARG GBR CAN USA HUN Show more
Technology & Innovation, Press Release
15:15 13.05.2025

analysts recommend five stocks over american express amid mixed ratings

American Express reported $3.64 earnings per share, exceeding estimates, but its revenue of $16.97 billion fell short of expectations. Analysts maintain a "Hold" rating, with one sell, sixteen holds, and eight buy ratings, while the average target price is $295.05. The company recently increased its quarterly dividend to $0.82 per share, reflecting a positive outlook despite mixed analyst sentiments.
MarketBeat
American Express Company TLS SGP TUV BEL CHE AND CAN ZAF PRI ARE HUN ISL MHL TZA SWE ITA KOR SVK NCL CYP NLD BHR POL VGB VUT NIU SAU DEU EST SRB FIN GHA LVA SVN QAT KIR MYS FJI GUM ESP MAR TON NGA ALB CHN WLF UGA LUX USA WSM IRQ AUT HKG PRT DNK HRV PLW KWT SLB SMR PHL VAT ROU TWN VNM IRL GBR BIH OMN NZL PYF IRN MNP NOR EGY GRC PNG MLT MEX MKD CZE TUN LTU AUS ETH FRA MCO DZA JPN IDN NRU LBY COK KEN THA FSM BGR ASM Howard Grosfield Michael J. Angelakis Show more
Finance & Economy, Market Report
14:03 11.05.2025

rosenblatt securities raises ansys target price to 340 while maintaining neutral rating

Rosenblatt Securities raised ANSYS's target price from $335 to $340, maintaining a "neutral" rating. Deutsche Bank AG reduced its stake in the company by 24.2%, while various hedge funds adjusted their holdings. ANSYS reported a quarterly EPS of $1.64, missing estimates, with revenue of $504.89 million, an 8.2% increase year-over-year.
MarketBeat
DEUTSCHE BANK AG TLS TUV BEL URY CHE CHL CAN ZAF PRI HUN KNA MHL SWE ITA KOR SLV NCL COL NIC NLD POL VGB VUT HTI TTO SAU DEU GRD JAM MSR FIN SPM RUS QAT KIR FJI GUM ESP JOR AIA MAR TON PER CHN WLF USA BLZ WSM BRB GTM AUT HKG BOL ISR HND PRT BHS DNK PLW ECU KWT SLB DOM PRY CRI IRL PAN GBR ARG PYF ATG MNP NOR EGY IND GRC PNG MEX CYM CZE VEN DMA TUR AUS FRA JPN NRU BRA VCT FSM ASM Glenda Dorchak Show more
Finance & Economy, Market Report
13:08 11.05.2025

true gamers secures funding to expand global gaming café network

Egypt-based medtech startup iSUPPLY has secured $3 million in Sharia-compliant revenue-based financing from Bokra to enhance access to medical supplies, particularly in underserved communities. This investment combines ethical finance with scalable medtech infrastructure, allowing iSUPPLY to grow without diluting ownership. Founded in 2022, iSUPPLY leverages AI-driven procurement tools to streamline the fragmented pharmaceutical supply chain in Egypt.
ArabFounders
MAR TUN ARE EGY Hadi Anwar Amin Ben Abderrahman Ayman Elsawy Rami El Malak Show more
Finance & Economy, News Article
02:55 08.05.2025

money fellows secures 13 million funding to boost financial inclusion in africa

Money Fellows, a leading fintech platform in Africa, has raised $13 million in a funding round, bringing total investments to over $60 million. The funds will enhance its digital platform and support expansion into new markets, including Morocco, aiming to improve financial inclusion for over 8.5 million users. The investment is co-led by Al Mada Ventures and DPI Venture Capital, with contributions from Partech and CommerzVentures, all focused on modernizing traditional savings and credit systems across the region.
StartupNews.fyi
United States Dollar CommerzVentures GmbH MAR EGY Patrick Meisberger Ahmed Wadi Cyril Collon Omar Laalej Mohamed Aladdin Show more
Business & Industry, Press Release
14:45 05.05.2025
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