Latest News
China’s Q2 GDP growth sinks to 6.2% year-on-year
Sinopec establishes fuel oil firm in Sri Lanka
Shell’s Pulau Bukom refinery in Singapore faces operational upset
South Korea’s first half imports fall 37% from previous year
Dubai’s business licences issued increase by 33% in H1
The number of licenses issued in the name of women increased by 12%
Oman raises $3 billion through international bonds
The 5 year bonds and 10 year bonds received orders worth $14 billion from the investors
INTERNATIONAL FINANCE
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Telecom
August 19, 2019
Three UK offers new 5G plan starting with home broadband
With the new plan, Three UK has joined EE and Vodafone in providing ultrafast 5G network in UK
INTERNATIONAL FINANCE
August 19, 2019
Three UK offers new 5G plan starting with home broadband
With the new plan, Three UK has joined EE and Vodafone in providing ultrafast 5G network in UK
August 19, 2019
Oman raises $3 billion through international bonds
The 5 year bonds and 10 year bonds received orders worth $14 billion from the investors
August 19, 2019
Dubai’s business licences issued increase by 33% in H1
The number of licenses issued in the name of women increased by 12%
August 19, 2019
Singapore’s GIC acquires 25% stake in Sydney’s Lendlease Trust
The deal is expected to close by the third quarter of 2019
August 16, 2019
Realty price swing: Dubai developers speed up projects
A total of 20,978 residential units have been completed in the first half of 2019
August 16, 2019
Qatar to centralise Islamic finance sector regulation
Qatar is following the examples of Malaysia, Indonesia, and a few other GCC countries
August 16, 2019
CBN deadline: Nigerian banks scramble for borrowers
Tier-1 banks with assets greater than or equal to N1 tn are luring borrowers in Tier-2 banks with attractive interest rates
August 16, 2019
Market crash: Philippine’s Pag IBIG invites external investments
The fund allowed the external parties to invest in a total of 4.5 billion of its assets
August 16, 2019
Digital helps PPC Bank of Cambodia generate $8 mn profit
Loans issued during the period also increases by 32% while deposits increase by 15%
August 16, 2019
Thailand drafts guidelines to bar investments in unruly firms
The Government Pension Fund and 32 other investment institutions sign the negative list guidelines
August 14, 2019
First European socially responsible ETF crosses €1bn
This marks the first time an ETF focused on ESG crossed €1 billion in Europe
August 14, 2019
Mexico’s Pemex’s goals for 2024 too optimistic: Fitch
The company is not keen on joint ventures, although it might prove to be a solution to its problem
August 14, 2019
Danish Bank introduces first-ever negative interest mortgage
The bank offers an interest rate of -0.5% on loans, which means the bank will pay its borrowers to take money off their hands
August 14, 2019
UAE’S Taqa’s revenue up by 5% in first half of 2019
The net profit, however, fell by 23 percent in the first half of 2019
August 14, 2019
Oman’s Dhofar wind farm to begin operations by 2019 end
The project is expected to offset 110,000 tonnes of carbon dioxide emissions every year
