Egypt urges domestic banks to set limit on daily withdrawal and depositsInternational Finance Business DeskMarch 31, 2020March 31, 2020 by International Finance Business DeskMarch 31, 2020March 31, 2020 The new limit would allow individuals to withdraw 10,000 Egyptian pounds and companies 50,000 pounds... Read more
TPG’s first mobile plan in Singapore offers 50GB data for $10 monthlyInternational Finance Business DeskMarch 31, 2020 by International Finance Business DeskMarch 31, 2020 Its data offer is the cheapest in the market currently... Read more
Ethiopian Airlines cancels operations to over 80 destinationsInternational Finance Business DeskMarch 31, 2020 by International Finance Business DeskMarch 31, 2020 The airline will continue flying to Hong Kong and Washington... Read more
Aramco mulls selling pipeline stake to raise cashInternational Finance Business DeskMarch 31, 2020 by International Finance Business DeskMarch 31, 2020 Aramco needs cash to deal with the slump in oil prices and the coronavirus pandemic... Read more
Singapore’s Doctor Anywhere secures $27 mn funding for expansionInternational Finance Business DeskMarch 31, 2020 by International Finance Business DeskMarch 31, 2020 Investors who took part in the funding round include Australian VC fund Square Peg, EDBI, and IHH Healthcare... Read more
Gulf airlines see 20% spike in cargo demand for essential suppliesInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020 Mainly, food and medical supplies are in great demand globally... Read more
Saudi Arabia to develop $1.8 bn chemical plant in the kingdomInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020 The project will be developed by Saudi Arabia’s Advanced Petrochemicals and South Korea’s SK Gas Petrochemical... Read more
Coronavirus, oil price war take its toll on African oil producersInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020 Recently, Congo reached out to OPEC for an emergency meeting to find a way to keep member nations from sinking into recession... Read more
Dubai’s Limitless seeks legal and financial advisory for restructuring planInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020 The firm’s discussion with legal and financial advisors are in the final stages to work on the plan... Read more
China injects $7.1 bn into its banking system, cuts interest ratesInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020 The central bank reduced the interest rate on 7-day reverse repurchase agreements to 2.2% from 2.4%... Read more