FeaturedInsuranceLifepal raises $9mn to improve its product and customer experienceWebAdminAugust 20, 2021 by WebAdminAugust 20, 2021 The funding round was led by ProBatus Capital and other participants included Cathay Innovation, Insignia Ventures Partners, ATM Capital, and Hustle Fund... Read more
CurrencyFeaturedBank of Thailand to begin testing CBDC in Q2 2022WebAdminAugust 20, 2021 by WebAdminAugust 20, 2021 The central bank awarded a contract for a CBDC prototype to central bank service provider G+D... Read more
FeaturedReal EstateDubai records 283 sales transactions worth Dh580.54 mn in a single dayWebAdminAugust 19, 2021 by WebAdminAugust 19, 2021 The massive sale consisted of 194 units, 31 buildings, and 58 land plots and the mortgages included 20 units, 5 buildings and 23 land plots... Read more
FeaturedTechnologyKenya Airways signs MoU to develop futuristic aircraftWebAdminAugust 19, 2021 by WebAdminAugust 19, 2021 The carrier signed the MoU with Embraer’s Eve Urban Air Mobility Solutions division... Read more
FeaturedFinteche-wallets in Egypt increases by 16% to 16.3 mn in H1 2021WebAdminAugust 19, 2021 by WebAdminAugust 19, 2021 The number of deposit operations increased by 109% reaching 13.8 mn... Read more
FeaturedOil & GasFujairah Oil Terminal secures $280 mn from Prostar CapitalWebAdminAugust 18, 2021August 18, 2021 by WebAdminAugust 18, 2021August 18, 2021 The latest funds will replace the existing senior debt along with creating a connection terminal to the Very Large Crude Carrier (VLCC)... Read more
FeaturedFintechIndonesia and Thailand roll out their pilot cross-border QR payment linkageWebAdminAugust 18, 2021 by WebAdminAugust 18, 2021 The full commercial phase of it will be launched in 2022... Read more
BankingFeaturedUK-based fintech Kroo receives banking licenceWebAdminAugust 17, 2021 by WebAdminAugust 17, 2021 Kroo is one of the only two new banks to be authorised in 2021 so far... Read more
FeaturedIslamic BankingSharjah Islamic Bank launches its new SIB digital accountWebAdminAugust 17, 2021August 18, 2021 by WebAdminAugust 17, 2021August 18, 2021 Sharjah Islamic Bank launches its new SIB digital account... Read more
FeaturedTechnologySouth Korean internet giant Kakao enters Singapore’s blockchain spaceWebAdminAugust 17, 2021 by WebAdminAugust 17, 2021 Kakao established two new blockchain-based entities-the Klaytn Foundation and Krust in Singapore... Read more