FeaturedIslamic BankingAhli United Bank Bahrain hire HSBC, JP Morgan for Sukuk saleInternational Finance Business DeskAugust 31, 2021 by International Finance Business DeskAugust 31, 2021 The bank is planning to sale US dollar-denominated five-year senior Sukuk... Read more
FeaturedFintechStandard Chartered partners with Linklogis on blockchain trade finance platformInternational Finance Business DeskAugust 31, 2021 by International Finance Business DeskAugust 31, 2021 This move will also help determine how viable is the crypto technology in global trade... Read more
FeaturedReal EstateSaudi cities will need 1 mn new residential units by 2030International Finance Business DeskAugust 31, 2021August 31, 2021 by International Finance Business DeskAugust 31, 2021August 31, 2021 There is a growing demand in cities like Riyadh, Jeddah and Dammam and Al Khobar... Read more
FeaturedTechnologyChina’s biggest AI firm SenseTime files for Hong Kong IPOInternational Finance Business DeskAugust 31, 2021 by International Finance Business DeskAugust 31, 2021 The company was recently blacklisted in the US... Read more
EconomyFeaturedSaudi Arabia non-oil export reached $6.2 bn in 2021International Finance Business DeskAugust 30, 2021 by International Finance Business DeskAugust 30, 2021 Compared to 2020, the exports went up by 40% in 2021... Read more
FeaturedHealthcareLondon-based healthtech Abtrace raises £2.1 mn to enhance tech capabilitiesInternational Finance Business DeskAugust 30, 2021 by International Finance Business DeskAugust 30, 2021 Lisbon-based venture capital fund Faber led the funding round for Abtrace... Read more
FeaturedInsuranceHong Kong-based insurtech OneDegree raises $28 mn to expand in AsiaInternational Finance Business DeskAugust 30, 2021 by International Finance Business DeskAugust 30, 2021 Investors such as Sun Hung Kai and AEF Greater Bay Area Fund took part in the funding round... Read more
FeaturedReal EstateArjuwan Red Sea project bagged property deal worth $357 mnInternational Finance Business DeskAugust 27, 2021 by International Finance Business DeskAugust 27, 2021 Arjuwan Red Sea Project has been sold in a public auction which is said to be the largest real estate deal in Jeddah this year... Read more
FeaturedFintechThe Arab Monetary Fund signs MoU with Visa for faster cross-border paymentInternational Finance Business DeskAugust 27, 2021 by International Finance Business DeskAugust 27, 2021 As per the agreement, Visa will collaborate with Buna, the AMF’s regional payment platform... Read more
EnergyFeaturedPowerChina to build its first solar power plants in IraqInternational Finance Business DeskAugust 27, 2021 by International Finance Business DeskAugust 27, 2021 The company signed an agreement with Iraq’s Ministry of Electricity... Read more