Artificial intelligence (AI) has become a growing strategic focus for luxury companies as consumers increasingly use AI tools during purchasing decisions, although many brands are still working to move beyond experimentation, according to an industry expert.
EFG Hermes, an EFG Holding company and a leading investment bank in the Mena region, has announced the successful closing of an E£5.1 billion corporate bond issuance for EFG Corp-Solutions. The transaction marks the largest corporate bond issuance ever completed in Egypt’s debt capital market.
Standard Chartered has announced its intention to explore the sale of its wealth and retail banking (WRB) business in the Kingdom of Bahrain, as it further sharpens focus on businesses and client segments. The bank will maintain its presence in Bahrain through corporate and investment banking franchise.
Corporate purchases of Sustainable Aviation Fuel (SAF) environmental attribute certificates could support between 1 million and 1.9 million tonnes of SAF annually by 2030, up from an estimated 323,000 tonnes in 2024, according to a new study by the International Air Transport Association (IATA), Airbus and Accenture.
