Chile requests $23.8 bn Flexible Credit Line from IMFInternational Finance Business DeskMay 20, 2020May 20, 2020 by International Finance Business DeskMay 20, 2020May 20, 2020 This is an attempt to improve its economic resources during the ongoing crisis... Read more
Middle East is world’s second best market for clean energy investmentsInternational Finance Business DeskMay 20, 2020May 20, 2020 by International Finance Business DeskMay 20, 2020May 20, 2020 A report published by Ashurst observed that the region houses some of the largest renewable projects... Read more
IMF lends $739 mn to Kenya; foreign reserve rises 9%International Finance Business DeskMay 20, 2020May 20, 2020 by International Finance Business DeskMay 20, 2020May 20, 2020 The country's usable foreign exchange reserves increased to $8,532 mn as of May 14... Read more
Adnoc Distribution’s app sees 9 mn contactless transactionsPritam BordoloiMay 20, 2020 by Pritam BordoloiMay 20, 2020 Adnoc provides four secure contactless payment options through its smart application, including Mobile Pay and RFID... Read more
Hong Kong’s unemployment rate highest in over a decade at 5.2%Pritam BordoloiMay 20, 2020 by Pritam BordoloiMay 20, 2020 The underemployment rate hit 3.1%, the highest in more than 15 years... Read more
Ant Financial invests $73.5 mn in Myanmar fintech Wave MoneyPritam BordoloiMay 20, 2020 by Pritam BordoloiMay 20, 2020 Wave Money will use the funds to improve financial inclusion in Myanmar... Read more
KPA offers extension period for free storage of cargo containersInternational Finance Business DeskMay 19, 2020May 19, 2020 by International Finance Business DeskMay 19, 2020May 19, 2020 Importers and exporters will face charges ranging between $30 and $90 per day for cargo at the port beyond the extension period... Read more
Dnata, Etihad Airways partner to promote Abu DhabiInternational Finance Business DeskMay 19, 2020May 19, 2020 by International Finance Business DeskMay 19, 2020May 19, 2020 The new partnership will enable Dnata to gain a competitive advantage and develop an extensive portfolio of brands... Read more
Total cancels plans to acquire Occidental’s Ghana assetsInternational Finance Business DeskMay 19, 2020May 19, 2020 by International Finance Business DeskMay 19, 2020May 19, 2020 Struggling market condition in part has led to cancellation of the deal... Read more
British Airways to take delivery of its first Boeing 787-10Pritam BordoloiMay 19, 2020 by Pritam BordoloiMay 19, 2020 The new Dreamliner variant will join the existing 787-8 and 787-9 aircraft that are already part of the carrier’s fleet... Read more