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
Brazil fintech Neon to boost customer base with $94 mn funding
The funding has raised Neon’s total valuation to more than $121 million
GCC: Solar projects to create 200,000 jobs by 2030
GCC nations will generate 40GW of energy through solar projects by 2030
INTERNATIONAL FINANCE
featured
Markets
November 20, 2019
Alibaba to raise around $12.9 bn in Hong Kong
Alibaba will issue 500 million shares and will price them at a 2.8% discount to their last closing price in New York
INTERNATIONAL FINANCE
November 20, 2019
Alibaba to raise around $12.9 bn in Hong Kong
Alibaba will issue 500 million shares and will price them at a 2.8% discount to their last closing price in New York
November 20, 2019
GCC: Solar projects to create 200,000 jobs by 2030
GCC nations will generate 40GW of energy through solar projects by 2030
November 20, 2019
Brazil fintech Neon to boost customer base with $94 mn funding
The funding has raised Neon’s total valuation to more than $121 million
November 20, 2019
Kenya Airways buyout to close by 2020-end
The National Treasury decided for the buyout after the parliament voted to nationalise the airline
November 20, 2019
Vietnam, Singapore receive 87% of fintech funding in SE Asia
Fintechs in SE Asia raised $1.14 bn during the first nine months of 2019, compared to $679 mn in 2018
November 19, 2019
UAE’s new insolvency law to protect individuals mired in debt
The new insolvency law will enhance the country’s competitiveness in the ease of doing business
November 19, 2019
Opay raises $120 mn in Series B funding by Chinese investors
This year, Chinese investors have demonstrated strong interest in African startups such as Opay, PalmPay and Lori Systems
November 18, 2019
Automation: Deutsche Bank deploys robots as it slashes jobs
The bank aims to automate its back office functions through Operations 4.0 to become innovative and digital
November 18, 2019
Global Aerospace to establish bonded warehouse for aircraft
The facility will ensure availability of aircraft spare parts in the UAE and MENA region
November 15, 2019
Kenya passes data protection law to ensure digital security
The new law complies with EU standards and will define guidelines on the citizens’ data should be handled
November 15, 2019
Standard Chartered launches digital loans for Kenyan youth
The average age of a Standard Chartered customer is 50 plus
November 15, 2019
Standard Chartered ups SME play in Singapore to fight fintechs
Sage CashView reporting tool enables enterprises to simplify SME loan applications and review real-time data
November 15, 2019
Kenya Airways needs Sh45 bn to be profitable: Chairman
According to chairman Micheal Joseph, it needs to get rid of its debt before making profits again
November 15, 2019
Adnoc eyes $45 bn downstream investment in India, China
The oil giant is also looking to develop refining and petrochemical facilities in the UAE
November 15, 2019
China fintech OneConnect skips HK, to raise $100 mn in US IPO
The startup will list its shares either on the New York Stock Exchange or the Nasdaq Global Market
