EconomyFeaturedSaudi Arabia to attract FDI worth SAR388 bn annually under National Investment StrategyIFM CorrespondentOctober 12, 2021October 12, 2021 by IFM CorrespondentOctober 12, 2021October 12, 2021 The annual domestic investment is expected to increase to SAR1.7 tn by 2030... Read more
FeaturedHealthcareGhanaian healthtech mPharma to open 100 virtual centres across AfricaIFM CorrespondentOctober 12, 2021 by IFM CorrespondentOctober 12, 2021 mPharma provides about 10,000 physician consultations to patients through its network of pharmacies... Read more
EnergyFeaturedSoaring energy prices a concern for UK manufacturing sectorIFM CorrespondentOctober 12, 2021 by IFM CorrespondentOctober 12, 2021 Rising production cost could force UK factories to shut down... Read more
FeaturedTechnologyChina introduces AI ethics as it aims to be global AI leader by 2030IFM CorrespondentOctober 11, 2021 by IFM CorrespondentOctober 11, 2021 The news rules and regulations are in line with China’s 2017 national AI strategy... Read more
BankingFeaturedSingapore’s virtual bank accounts to increase by 30% by 2026IFM CorrespondentOctober 11, 2021 by IFM CorrespondentOctober 11, 2021 Currently, only 18 percent of adults in the country have virtual bank accounts.... Read more
FeaturedFinanceGlobal investment banking fee rises by 21% to reach $115.8 bn in nine monthsIFM CorrespondentOctober 11, 2021 by IFM CorrespondentOctober 11, 2021 Fees in the third quarter of 2021 amounted to $35.3 bn... Read more
EnergyFeaturedEU to allocate $65 mn to boost Nigeria’s electricity sectorIFM CorrespondentOctober 8, 2021 by IFM CorrespondentOctober 8, 2021 The EU is collaborating with Germany’s Deutsche Gesellschaft für Internationale Zusammenarbeit... Read more
FeaturedTechnologyGoogle confirms $1 bn investment in Africa over the next 5 yearsIFM CorrespondentOctober 7, 2021 by IFM CorrespondentOctober 7, 2021 Google will also provide $10 mn in low-interest loans to help small businesses and entrepreneurs in Ghana, Kenya and Nigeria... Read more
EconomyFeaturedIndonesian parliament decides to increase VAT next yearIFM CorrespondentOctober 7, 2021October 7, 2021 by IFM CorrespondentOctober 7, 2021October 7, 2021 The new tax overhaul bill could lead to a new carbon tax and cancellation of a planned corporate tax cut... Read more
FeaturedInsuranceFloods in Europe to cost insurers nearly $12 bn: Swiss ReIFM CorrespondentOctober 7, 2021 by IFM CorrespondentOctober 7, 2021 Swiss Re alone would lose around $520 mn due to the floods... Read more