FeaturedInsuranceThe UN’s development arm launches insurance programme for developing nationsIFM CorrespondentSeptember 29, 2021 by IFM CorrespondentSeptember 29, 2021 The programme will cover socio-economic, climate and health-related disasters... Read more
FeaturedTechnologyCiti launches tech hub in Bahrain in partnership with TamkeenIFM CorrespondentSeptember 28, 2021September 29, 2021 by IFM CorrespondentSeptember 28, 2021September 29, 2021 The digital hub will provide 1,000 jobs to coders over the next 10 years... Read more
FeaturedTelecomMTN plans to roll out 5G in Ghana by 2023IFM CorrespondentSeptember 28, 2021September 28, 2021 by IFM CorrespondentSeptember 28, 2021September 28, 2021 The telco is also aiming for 98% 4G coverage in the country by 2022... Read more
FeaturedFintechThai fintech Ascend raises $150 mn to expand digital financial servicesIFM CorrespondentSeptember 28, 2021 by IFM CorrespondentSeptember 28, 2021 Investors such as Bow Wave Capital Management, Charoen Pokphand Group and Ant Group participated in the funding round... Read more
EconomyFeaturedBahrain mulling on increasing value-added tax to 10%IFM CorrespondentSeptember 27, 2021 by IFM CorrespondentSeptember 27, 2021 This move will help the government to boost revenues and curb deficits... Read more
BankingFeaturedConsumer use of digital banking accelerates in Asia–Pacific: McKinseyIFM CorrespondentSeptember 27, 2021September 27, 2021 by IFM CorrespondentSeptember 27, 2021September 27, 2021 Number of digital banking users in APac rose from 54% in 2017 to 88% in 2021... Read more
FeaturedOil & GasRussian energy giant Gazprom to increase natural gas supply to EuropeIFM CorrespondentSeptember 27, 2021September 28, 2021 by IFM CorrespondentSeptember 27, 2021September 28, 2021 Earlier, Gazprom has been accused of not doing enough to increase its natural gas supplies to Europe... Read more
FeaturedFintechWizz Financial received green light from central bank for UAE exchange acquisitionIFM CorrespondentSeptember 24, 2021September 29, 2021 by IFM CorrespondentSeptember 24, 2021September 29, 2021 UAE Exchange engages in money transfer, foreign exchange and payment services... Read more
ExclusiveReal EstateGlobal stock market vigilant as Evergrande is on the brink of collapsingIFM CorrespondentSeptember 24, 2021September 24, 2021 by IFM CorrespondentSeptember 24, 2021September 24, 2021 The crisis will impact Chinese economy which will have spillover effect on the global economy... Read more
FeaturedInsurancePhilippines-based fintech GCash branches into insuranceIFM CorrespondentSeptember 24, 2021 by IFM CorrespondentSeptember 24, 2021 GCash has partnered with Singapore-based insurtech Igloo... Read more