MarketsMSCI Kuwait upgrade to boost ETFs and equitiesInternational Finance DeskDecember 20, 2019January 24, 2020 by International Finance DeskDecember 20, 2019January 24, 2020 The move is expected to generate billions of dollars of inflows into the Kuwait market... Read more
BankingSaxo Bank, Geely Sweden to offer tech solutions to fintechs in ChinaInternational Finance DeskDecember 19, 2019 by International Finance DeskDecember 19, 2019 The joint venture aims to provide financial and regulatory technology solutions to banks and fintechs in China... Read more
FinanceSaudi Arabia’s $1.07 bn Jada fund of funds to support SMEs, startupsInternational Finance DeskDecember 19, 2019 by International Finance DeskDecember 19, 2019 Saudi Arabia’s Public Investment fund has launched Jada to invest in venture capital funds, private equity funds and to support SMEs... Read more
FinanceQi Card transforms Iraq’s financial system using electronic paymentsInternational Finance DeskDecember 19, 2019January 7, 2020 by International Finance DeskDecember 19, 2019January 7, 2020 Qi Card aims to provide identity management to government and citizens in a fast and secure manner... Read more
Islamic FinanceMalaysia’s Aeon Credit Service establishes RM2 bn sukuk programmeInternational Finance DeskDecember 18, 2019 by International Finance DeskDecember 18, 2019 The programme will fund disbursements to customers and refinance existing loans... Read more
BankingMastercard, SABB partner to enhance international paymentsInternational Finance DeskDecember 18, 2019 by International Finance DeskDecember 18, 2019 SABB customers can send money to more than 100 countries through Mastercard Send for Cross-Border... Read more
Real EstateDubai residential property market peaks with 39,000 projects in 2019International Finance DeskDecember 17, 2019January 24, 2020 by International Finance DeskDecember 17, 2019January 24, 2020 Additionally, 13,216 units will be completed toward 2019 end or in Q1 2020... Read more
BankingBank Muscat to launch $100 mn strategic fintech programmeInternational Finance DeskDecember 17, 2019 by International Finance DeskDecember 17, 2019 The programme will ensure top class services and digital innovations across all segments... Read more
FinanceUOB, DBS lend $945 mn green loan to Allianz, GawInternational Finance DeskDecember 16, 2019 by International Finance DeskDecember 16, 2019 Singapore banks along with Standard Chartered will finance both companies’ $1.575 billion joint acquisition of Duo Tower and Duo Galleria... Read more
BankingBank Audi to increase SME loan portfolio to EGP 5 bn by 2019 endInternational Finance DeskDecember 16, 2019 by International Finance DeskDecember 16, 2019 Central Bank of Egypt expects banks to increase SME loans on their portfolios by 20 percent by 2020... Read more