FeaturedTelecomDito passes technical audit, to end telecom duopoly in the PhilippinesWebAdminFebruary 23, 2021 by WebAdminFebruary 23, 2021 The National Telecommunications Commission said the group delivered on its first-year commitments... Read more
CurrencyFeaturedBitcoin plunges as much as 11% to below $50,000Pritam BordoloiFebruary 23, 2021February 23, 2021 by Pritam BordoloiFebruary 23, 2021February 23, 2021 Currently, bitcoin commands a market capitalisation of $975 bn... Read more
Business LeadersFeaturedIFC appoints World Bank’s former vice presidentWebAdminFebruary 22, 2021 by WebAdminFebruary 22, 2021 Makhtar Diop will be the first African to lead the International Finance Corporation... Read more
FeaturedOil & GasConocoPhillips secures contract for shallow-water blockWebAdminFebruary 22, 2021 by WebAdminFebruary 22, 2021 ConocoPhillips has secured the contract with 85 percent interest, while Petronas Carigali, the sole partner of Petronas on the offshore block, holds 15 percent... Read more
FeaturedOil & GasMexico plans to revamp oil hedgePritam BordoloiFebruary 19, 2021February 19, 2021 by Pritam BordoloiFebruary 19, 2021February 19, 2021 The country is expected to foil oil market swings including speculations from others in the marketplace... Read more
BankingFeaturedTanzanian banking sectors shows resiliencePritam BordoloiFebruary 19, 2021February 19, 2021 by Pritam BordoloiFebruary 19, 2021February 19, 2021 The country has about 50 banks with approximately 840 branches including 23,500 agents... Read more
FeaturedReal EstateEmirates’ NAMSHI to establish warehouse in Saudi ArabiaPritam BordoloiFebruary 19, 2021February 19, 2021 by Pritam BordoloiFebruary 19, 2021February 19, 2021 The parent company of Namshi is Emaar Malls, which is the retail unit of Dubai Emaar Properties... Read more
BankingFeaturedGoogle, EIF to offer $75 mn funding for SMEs in LatamInternational Finance Business DeskFebruary 18, 2021February 19, 2021 by International Finance Business DeskFebruary 18, 2021February 19, 2021 The funds are a part of an $800 million initiative designed to cope the coronavirus pandemic... Read more
FeaturedReal EstateAbu Dhabi sees 19000 real estate transactions in 2020 worth Dh74 bnPritam BordoloiFebruary 18, 2021 by Pritam BordoloiFebruary 18, 2021 This is a 28% increase year-on-year when compared to the Dh58 billion recorded in 2019... Read more
AviationFeaturedEtihad and Gulf Air to expand their codeshare agreementPritam BordoloiFebruary 18, 2021 by Pritam BordoloiFebruary 18, 2021 Both parties have signed a Strategic Commercial Cooperation Agreement (SCCA) which is subject to regulatory approval... Read more