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
Vietnam central bank to control commercial bank phantom loans
Customers can use the balance of their savings accounts as collaterals to clear this type of loans
Egyptian startup Swvl eyes global expansion after funding
The startup raised $42 million in fresh capital in a Series B-2 round
INTERNATIONAL FINANCE
featured
Banking
September 17, 2019
Singapore’s Hong Leong to ally with fintechs for digital bank licence
The lender seeks to apply for one of the five licences to be issued by the Monetary Authority of Singapore in 2020
INTERNATIONAL FINANCE
September 17, 2019
Singapore’s Hong Leong to ally with fintechs for digital bank licence
The lender seeks to apply for one of the five licences to be issued by the Monetary Authority of Singapore in 2020
September 16, 2019
Egyptian startup Swvl eyes global expansion after funding
The startup raised $42 million in fresh capital in a Series B-2 round
September 16, 2019
Vietnam central bank to control commercial bank phantom loans
Customers can use the balance of their savings accounts as collaterals to clear this type of loans
September 16, 2019
Japan Airlines plans to acquire stake in Malaysia Airlines
The partnership between both airlines could involve more flights between the two countries
September 13, 2019
UAE banks held record Dh65.8bn in savings accounts by mid-2019
The savings accounts held by UAE banks accounted for 11.4 percent of the total deposits of Dh1.4 trillion by July end
September 13, 2019
Brazil fund manager XP Investimentos for January US IPO
Hires investment banks such as JP Morgan, Goldman Sachs, and Morgan Stanley to manage IPO
September 13, 2019
Mexico’s Pemex launches tender offer to prepay $5 bn in bonds
Pemex is now the world’s most heavily indebted oil company with $104 bn in debt
September 13, 2019
SAP S/4 HANA Central Finance reduces costs, ups productivity
The system makes data from all ERP systems harmonised, transparent and auditable
September 13, 2019
Africa’s Helios Towers to list on LSE after ceasing IPO plans
Helios Towers operates mobile towers in six unique Sub-Saharan African markets
September 13, 2019
Vertex Growth raises $290 mn for Southeast Asian growth startups
Fund will invest roughly $10 mn to $15 mn in third and fourth rounds of funding
September 13, 2019
Independent board members: Global norms for Kuwait banks
The Central Bank of Kuwait’s decision to appoint board independent members is based on international principles
September 13, 2019
Qatar Airways to invest in TAAG Angola in a turnaround bid
Qatar Airways will buy a 39 percent stake in TAAG Angola
September 12, 2019
Egypt central bank plans $50mn to $100 mn fintech fund
The Egyptian government will develop seven technological parks in Egypt for about $60.8million
September 12, 2019
Emirates NBD’s Network stake sale to boost profits
The bank will sell an additional 10.5 percent stake in Network International
September 12, 2019
Blackstone raises $20.5 bn in largest ever real estate fund
The fund known as Blackstone Real Estate Partners IX will invest in properties worldwide
