FeaturedFintechPaysend and Tencent partner up to create Weixin transfersIFM CorrespondentJanuary 3, 2022 by IFM CorrespondentJanuary 3, 2022 The venture will allow people to receive money through Weixin... Read more
EconomyFeaturedSaudi Arabia postpones the unveiling of its Riyadh 2030 strategyIFM CorrespondentDecember 28, 2021 by IFM CorrespondentDecember 28, 2021 Saudi Arabia is investing $220 bn to transform Riyadh into a global city by 2030... Read more
CurrencyFeaturedBinance gets its first crypto approval in BahrainIFM CorrespondentDecember 28, 2021 by IFM CorrespondentDecember 28, 2021 This move is a part of its plans of regional expansion... Read more
BankingFeaturedMizuho Bank acquires 7.5% stake in Vietnamese payments firm M-serviceIFM CorrespondentDecember 27, 2021 by IFM CorrespondentDecember 27, 2021 The bank is expected to invest up to $170 million... Read more
FeaturedFintechRevolut will offer Google Pay to its junior customerIFM CorrespondentDecember 27, 2021 by IFM CorrespondentDecember 27, 2021 The company will bring Google Pay to Revolut Junior customers in the UK and EEA... Read more
FeaturedReal EstateSaudi Arabia announces project completion worth $614 mnIFM CorrespondentDecember 24, 2021 by IFM CorrespondentDecember 24, 2021 The project covers an area of 638,000sqm, include a variety of residential units ranging from villas, townhouses... Read more
AviationFeaturedAbu Dhabi International Airport expected to see a 400% festive seasonIFM CorrespondentDecember 24, 2021December 24, 2021 by IFM CorrespondentDecember 24, 2021December 24, 2021 From December 22 and January 2 Abu Dhabi airports estimate an average of 32,000 passengers and 102 flights per day... Read more
FeaturedFinanceACWA Power secures $800 mn for its subsidiary RAWECIFM CorrespondentDecember 23, 2021 by IFM CorrespondentDecember 23, 2021 RAWEC will utilize the facility to prepay existing senior debt... Read more
Asset ManagementFeaturedAsset finance company Tugende raised $17 mn in a debt investment roundIFM CorrespondentDecember 23, 2021 by IFM CorrespondentDecember 23, 2021 The money raised will be used to meet its customer demand and waiting lists and support further technology... Read more
BankingFeaturedRevolut Bank granted full banking licence in Lithuania by ECBIFM CorrespondentDecember 22, 2021 by IFM CorrespondentDecember 22, 2021 The bank has been operating with a specialised European Union (EU) banking licence since 2018... Read more