Latest News
Dutch data protection agency seeks to look into Microsoft’s Window’s 10 privacy concerns
McAfee to pursue IPO this year with estimated value of $8 billion
DoE to strengthen Abu Dhabi’s position as world energy capital
UAE central bank assets increase to Dh2,975.8 bn as of July end
Philippines MPIC sells hospital unit stake to KKR consortium for $684.5 mn
The consortium will subscribe to $100 mn worth of 41,366,178 new common shares in the company
Saudi Arabia develops kingdom’s largest integrated logistics zone
The zone will support activities around shipping, freight distribution and transport of goods
INTERNATIONAL FINANCE
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Finance
October 15, 2019
Singapore fintech investments rose to $735 mn in 9 months
An Accenture report shows that the number of fintech deals dropped from 133 to 94
INTERNATIONAL FINANCE
October 15, 2019
Singapore fintech investments rose to $735 mn in 9 months
An Accenture report shows that the number of fintech deals dropped from 133 to 94
October 15, 2019
Saudi Arabia develops kingdom’s largest integrated logistics zone
The zone will support activities around shipping, freight distribution and transport of goods
October 15, 2019
Philippines MPIC sells hospital unit stake to KKR consortium for $684.5 mn
The consortium will subscribe to $100 mn worth of 41,366,178 new common shares in the company
October 14, 2019
Saudi Arabia’s HyperPay to expand in the Middle East and Africa
The startup currently has presence in the UAE, Jordan, Egypt, Kuwait, Bahrain, and Oman
October 14, 2019
Kenyan startup Bwala Africa to raise $8 mn for expansion
The startup plans to expand its business in Nigeria, Ghana, and Tanzania
October 14, 2019
Kenya invites shipping lines to promote Lamu port
More than 10 shipping lines have agreed to tour the port
October 14, 2019
South Africa’s Absa eyes China as part of Asia expansion
The lender is seeking to create a diverse portfolio across businesses and countries
October 14, 2019
Vietnam’s Bamboo Airways targets $1 bn market capitalisation
The airline will list 400 mn shares either in the Ho Chi Minh City Stock Exchange or Hanoi Stock Exchange
October 14, 2019
The World Logistics Passport launched as part of Dubai Silk Road
The passport will offer operational and financial services benefits for shipping and business firms
October 11, 2019
Oman to develop its first medical city for OMR479 mn
The city will be built in the Barka region and in four different phases
October 11, 2019
MTN reaches 95% 4G coverage across South Africa
The telco invested R40 billion over the last four years to improve network coverage and quality
October 11, 2019
Exxon’s $23.6 bn LNG project to be Africa’s biggest private investment
The company has awarded a $13 billion contract to JGC, Fluor and Technip FMC for the Rovuma LNG project
October 11, 2019
Chinese startup XTransfer secures $15 mn funding for global expansion
The funding round led by eWTP Fund also included China Merchants Venture Capital, Yunqi Partners, and Gaorong Capital
October 11, 2019
JP Morgan targets Asia’s ultra-rich with Singapore trust
The Singapore team will be supported by JP Morgan’s units in Asia, US, and Europe
October 10, 2019
New Kenyan law to separate telco’s mobile money business
The bill is in its first reading in the National Assembly
