EconomyFeaturedThailand’s economy shrinks 0.3% as consumption drops due to Covid-19 curbsIFM CorrespondentNovember 15, 2021 by IFM CorrespondentNovember 15, 2021 Previously, it was forecasted that GDP would shrink by 0.8%... Read more
FeaturedTechnologyUAE-based tech firm Immensa raises $7 mn in funding to expand into Saudi ArabiaIFM CorrespondentNovember 12, 2021 by IFM CorrespondentNovember 12, 2021 The funding round was led by Energy Capital Group (ECG) and Al Turki Ventures... Read more
FeaturedHealthcareSingapore’s Doctor Anywhere acquires Thai telemed firm Doctor RaksaIFM CorrespondentNovember 12, 2021 by IFM CorrespondentNovember 12, 2021 Singapore’s Doctor Anywhere acquires Thai telemed firm Doctor Raksa... Read more
BankingExclusiveFeaturedThe digital banking landscape in IndonesiaIFM CorrespondentNovember 11, 2021 by IFM CorrespondentNovember 11, 2021 76% of the Indonesian population shops online every month... Read more
FeaturedReal EstateSharjah real estate sector sees 16,781 transactions worth Dh5.7 bn in Q3 21IFM CorrespondentNovember 11, 2021 by IFM CorrespondentNovember 11, 2021 This is a 22.7% increase when compared to the same period last year... Read more
FeaturedPorts and ShippingDP World launches its global wholesale e-commerce platform DUBUY.com in KenyaIFM CorrespondentNovember 11, 2021 by IFM CorrespondentNovember 11, 2021 The launch in Kenya marks the six-month milestone since DUBUY.com first began trading operations in Rwanda... Read more
BankingFeaturedCredit Suisse to hand over its prime services and derivatives clearing customers to BNP ParibasIFM CorrespondentNovember 11, 2021 by IFM CorrespondentNovember 11, 2021 Both the banks have signed a referral agreement... Read more
FeaturedTechnologySouth Africa-based tech startup Adbot raises $500k funding to access new marketsIFM CorrespondentNovember 10, 2021November 10, 2021 by IFM CorrespondentNovember 10, 2021November 10, 2021 Adbot provides online advertising solutions for African small and medium-sized businesses... Read more
FeaturedTelecomBrazil 5G spectrum sale raises $8.5 bn in bidsIFM CorrespondentNovember 9, 2021 by IFM CorrespondentNovember 9, 2021 National licences and several regional allocations went to Claro, TIM, and Vivo... Read more
EconomyFeaturedEgypt’s non-oil export to the EU increases by 38% in eight monthsIFM CorrespondentNovember 8, 2021November 8, 2021 by IFM CorrespondentNovember 8, 2021November 8, 2021 Exports to the EU amounted to €4.1 billion, compared to €2.9 billion during the same period in 2020... Read more