Asset ManagementFeaturedManulife IM launches Shariah China equity fundInternational Finance Business DeskSeptember 8, 2021 by International Finance Business DeskSeptember 8, 2021 Now investors will have direct access to China offshore and onshore investment opportunities... Read more
CurrencyFeaturedBitcoin is officially a legal tender in El SalvadorInternational Finance Business DeskSeptember 7, 2021 by International Finance Business DeskSeptember 7, 2021 The country recently bought its first 400 bitcoins in two tranches of 200... Read more
FeaturedTelecomEtisalat gets regulatory approval to increase foreign ownership to 49%International Finance Business DeskSeptember 7, 2021 by International Finance Business DeskSeptember 7, 2021 Previously, foreign ownership was capped at 20%... Read more
BankingFeaturedPublic Bank is the first Malaysian bank to facilitate retail-based QR payment with ThailandInternational Finance Business DeskSeptember 7, 2021September 7, 2021 by International Finance Business DeskSeptember 7, 2021September 7, 2021 PBe QR service will now support DuitNow QR Cross Border Payment between the two countries... Read more
EconomyFeaturedUAE seeks $150 bn investment to grow trade with Asia and AfricaInternational Finance Business DeskSeptember 6, 2021 by International Finance Business DeskSeptember 6, 2021 UAE will use these funds to reposition itself as a global hub of business and finance... Read more
BankingFeaturedTreasury Department a major contributor to Ahli United Bank Kuwait’s profitabilityInternational Finance Business DeskSeptember 6, 2021September 6, 2021 by International Finance Business DeskSeptember 6, 2021September 6, 2021 Digital platforms and automation of processes were the main focus in Treasury from front to back and end-user... Read more
FeaturedLogisticsSaudi logistics startup Diggipacks acquires Egypt-based FWRUNInternational Finance Business DeskSeptember 6, 2021 by International Finance Business DeskSeptember 6, 2021 The acquisition will help Diggipacks expand in Egypt... Read more
EnergyFeaturedTotal agrees $27 bn deal to develop four energy projects in IraqInternational Finance Business DeskSeptember 6, 2021 by International Finance Business DeskSeptember 6, 2021 Iraqi oil minister Ihsan Abdul Jabbar said Total will invest $3 bn in the first phase... Read more
FeaturedFintechAirwallex secures money services business licence in MalaysiaInternational Finance Business DeskSeptember 6, 2021 by International Finance Business DeskSeptember 6, 2021 Airwallex also recently launched in the US as a part of its global expansion plans... Read more
EconomyFeaturedUAE recorded $52 bn non-oil trade growth with Arab countries in H1 2021International Finance Business DeskSeptember 3, 2021 by International Finance Business DeskSeptember 3, 2021 The non-oil trade between the UAE and Arab countries grew by 29%... Read more