BankingFeaturedHong Kong financial watchdog fines UBS $11.55 mn for regulatory breachesWebAdminAugust 5, 2021 by WebAdminAugust 5, 2021 UBS is being fined for its failure to disclose its financial interests in some Hong Kong listed companies... Read more
FeaturedFintechKenyan fintech Pesapal receives authorisation from the central bankWebAdminAugust 4, 2021August 4, 2021 by WebAdminAugust 4, 2021August 4, 2021 The company can now run its payment gateway services in compliance with National Payment System (NPS) Act 2011... Read more
EconomyFeaturedIMF announces largest SDR in history of $650 bnWebAdminAugust 4, 2021 by WebAdminAugust 4, 2021 IMF announced a massive funding of $650 mn to help member countries fight Covid-19... Read more
FeaturedInsuranceNigeria ranks fifth in Africa in terms of premiums: Swiss ReWebAdminAugust 4, 2021August 4, 2021 by WebAdminAugust 4, 2021August 4, 2021 Nigeria comes last in terms of insurance premiums among nine African markets... Read more
FeaturedTechnologySaudi Arabia-based AI startup Intelmatix raises funds from STV, Sultan HoldingsWebAdminAugust 4, 2021 by WebAdminAugust 4, 2021 The financial details of the round were not disclosed... Read more
FeaturedPorts and ShippingChina’s cargo and container throughput volumes increases in H1 2021WebAdminAugust 4, 2021August 4, 2021 by WebAdminAugust 4, 2021August 4, 2021 Chinese port handles 7.64 bn tons of cargo, up more than 13% y-o-y... Read more
Banking and FinanceFeaturedOCB’s 25 years of establishment and development-A journey of trust & prosperityWebAdminAugust 2, 2021 by WebAdminAugust 2, 2021 Over the journey of a quarter of a century, OCB has affirmed its position as one of the best banks in Vietnam... Read more
FeaturedOil & GasTurkey’s Petkim wins ‘Best Working Capital Management Award’WebAdminAugust 2, 2021August 2, 2021 by WebAdminAugust 2, 2021August 2, 2021 “Awards received during the pandemic mean even more,” says Elchin Ibadov, Head of Finance, SOCAR Turkey Refinery and Petrochemicals... Read more
FeaturedTechnologyElon Musk’s Neuralink raises $205 mn in Series C roundWebAdminAugust 2, 2021 by WebAdminAugust 2, 2021 The tech firm aims to implant wireless brain-computer chips to help cure neurological conditions including Alzheimer's... Read more
FeaturedReal EstateSaudi Arabia’s real estate price index rises by 0.4% in Q2 2021WebAdminAugust 2, 2021 by WebAdminAugust 2, 2021 The Kingdom also records a 0.8% increase in the residential real estate prices... Read more