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
FeaturedIslamic BankingNigeria to issue $610 mn sovereign sukuk on its domestic marketIFM CorrespondentNovember 4, 2021 by IFM CorrespondentNovember 4, 2021 The fund is being raised to finance road projects, according to the Debt Management Office... Read more
EnergyFeaturedBahrain to cut 30% emission by 2035, vows net-zero emissions by 2060IFM CorrespondentNovember 4, 2021 by IFM CorrespondentNovember 4, 2021 It was revealed by His Royal Highness Prince Salman bin Hamad Al Khalifa at the ongoing COP26 in Glasgow... Read more
FeaturedLogisticsChina’s logistics demand grows 9.4% during the first three quartersIFM CorrespondentNovember 4, 2021 by IFM CorrespondentNovember 4, 2021 The demand has grown despite the resurgence of Covid-19 cases in the country... Read more
FeaturedInsuranceAquiline Capital Partners acquires majority stake in UK insurtech Ripe ThinkingIFM CorrespondentNovember 3, 2021 by IFM CorrespondentNovember 3, 2021 The financial details of the deal have not been disclosed yet... Read more
EconomyFeaturedThailand becomes latest ASEAN nation to ratify RCEP agreementIFM CorrespondentNovember 3, 2021 by IFM CorrespondentNovember 3, 2021 Thailand deposited its instrument of ratification with the secretary-general of ASEAN on October 28... Read more
AviationFeaturedGovernment prepares contingency plan to save Garuda IndonesiaIFM CorrespondentNovember 3, 2021 by IFM CorrespondentNovember 3, 2021 The carrier could be taken over by Pelita Air Service if it enters liquidation... Read more