Abu Dhabi Ports world’s first GIMI-certified maritime authority
The UAE port manager has been awarded the Innovative Organisation Level 3 Certification for its innovative ideas platform...
Author : International Finance Desk
Qatar bans virtual asset services in the country
The ban prohibits exchange between virtual assets and fiat currencies and exchange between one or more types of virtual assets...
Emirates President Tim Clarke to step down in June 2020
Clarke joined the airline in 1985, and since then, has helped it to grow tremendously over the years...
Saudi, Kuwait joint Khafji field to produce 320,000 oil bpd by 2020 end
The Kingdom has signed a deal with Kuwait on resuming oil production...
Brazil proposes banking bill in case of financial crisis
Central bank proposed the bill which will mandate the use of public funds to bailout financial firms...
Amundi, BOC get nod for asset management JV in China
Amundi will own 55% of the new venture and the remaining 45% by Bank of China’s Wealth Management arm...
UAE total banking investments reach Dh396.2 bn
The central bank noted that debt securities rose 16.7% year-to-date, reaching a total of Dh245.4 bn...
Japan logistics giant Sagawa to acquire China’s Runbow
The acquisition comes in an effort to explore China’s growing demand for shipping business...
Kenya’s 4G Capital secures $2 mn to finance SMEs
The funding will be used by 4G Capital to increase its customer base in Kenya and Uganda...
Blackrock, Temasek to establish China asset management JV
Both companies will create and distribute development products for the Chinese market...