BankingFeaturedMasterCard unveils virtual card for instant B2B solutionsIFM CorrespondentJanuary 21, 2022 by IFM CorrespondentJanuary 21, 2022 The offering uses machine learning and straight-through processing instant payment of supplier invoices... Read more
EconomyFeaturedUAE, Qatar and Saudi Arabia among top competitive economies: AMFIFM CorrespondentJanuary 20, 2022 by IFM CorrespondentJanuary 20, 2022 The four countries were named most competitive during a period of 2017-2020... Read more
EnergyFeaturedSaudi Arabia is all set to dominate the global hydrogen market: Prince Abdulaziz bin SalmanIFM CorrespondentJanuary 20, 2022 by IFM CorrespondentJanuary 20, 2022 The Kingdom needs to let all countries decide their own choices regarding resources of energy... Read more
FeaturedFintechCanadian fintech Periculum officially launches in NigeriaIFM CorrespondentJanuary 19, 2022 by IFM CorrespondentJanuary 19, 2022 The company aims to solve the challenging domestic credit problem in the underserved markets... Read more
FeaturedTechnologyMasterCard partners with Coinbase for NFT marketplace purchaseIFM CorrespondentJanuary 19, 2022 by IFM CorrespondentJanuary 19, 2022 The agreement is aimed at allowing non-crypto natives to get into NFTs without using a wallet... Read more
BankingFeaturedAccess Bank surpasses expansion expectations in AfricaInternational Finance Business DeskJanuary 18, 2022January 18, 2022 by International Finance Business DeskJanuary 18, 2022January 18, 2022 The universal bank is located in 17 countries and has more than 600 branches worldwide... Read more
FeaturedOil & GasKuwait oil revenues reach $38.10 bn in 2021IFM CorrespondentJanuary 18, 2022 by IFM CorrespondentJanuary 18, 2022 The gulf OPEC member recorded a budget deficit of Dh682.4 mn in the first nine months of the fiscal year... Read more
FeaturedTechnologyJP Morgan Chase announces to spend $12bn on tech in 2022IFM CorrespondentJanuary 18, 2022February 22, 2022 by IFM CorrespondentJanuary 18, 2022February 22, 2022 The company will see an 8% increase in expenses that might hurt the bank’s profit target... Read more
EconomyFeaturedSaudi Arabia’s growth forecast for 2022 is 4.9%: World BankIFM CorrespondentJanuary 17, 2022 by IFM CorrespondentJanuary 17, 2022 World Bank also mentioned that Saudi Arabia would record 2.3% economic growth in 2023... Read more
EnergyFeaturedAbu Dhabi Solar firm Sweihan raises $70 mn via green bondsIFM CorrespondentJanuary 17, 2022 by IFM CorrespondentJanuary 17, 2022 The senior secured bonds have set a coupon of 3.625%... Read more