BankingFeaturedAjman Bank-Kamel Pay partner to bring innovative payment solutions to the UAEInternational Finance Business DeskAugust 23, 2021 by International Finance Business DeskAugust 23, 2021 The partnership will have a substantial impact on the adoption of secure and cashless payments across the UAE... Read more
FeaturedTechnologyPayPal launches its crypto services in the UKInternational Finance Business DeskAugust 23, 2021 by International Finance Business DeskAugust 23, 2021 Earlier, PayPal’s crypto services were only available in the US... Read more
AviationFeaturedKorean Air to retire Airbus A380 in the next five yearsInternational Finance Business DeskAugust 20, 2021 by International Finance Business DeskAugust 20, 2021 The Boeing 747-8I fleet will also follow suit within ten years... Read more
EconomyFeaturedIMF suspends Afghanistan’s access to SDRs over lack of clarity recognising a new governmentInternational Finance Business DeskAugust 20, 2021 by International Finance Business DeskAugust 20, 2021 The announcement comes amid mounting pressure from the US treasury that holds a controlling share in the funds... Read more
FeaturedInsuranceLifepal raises $9mn to improve its product and customer experienceInternational Finance Business DeskAugust 20, 2021 by International Finance Business DeskAugust 20, 2021 The funding round was led by ProBatus Capital and other participants included Cathay Innovation, Insignia Ventures Partners, ATM Capital, and Hustle Fund... Read more
CurrencyFeaturedBank of Thailand to begin testing CBDC in Q2 2022International Finance Business DeskAugust 20, 2021 by International Finance Business DeskAugust 20, 2021 The central bank awarded a contract for a CBDC prototype to central bank service provider G+D... Read more
FeaturedReal EstateDubai records 283 sales transactions worth Dh580.54 mn in a single dayInternational Finance Business DeskAugust 19, 2021 by International Finance Business DeskAugust 19, 2021 The massive sale consisted of 194 units, 31 buildings, and 58 land plots and the mortgages included 20 units, 5 buildings and 23 land plots... Read more
FeaturedTechnologyKenya Airways signs MoU to develop futuristic aircraftInternational Finance Business DeskAugust 19, 2021 by International Finance Business DeskAugust 19, 2021 The carrier signed the MoU with Embraer’s Eve Urban Air Mobility Solutions division... Read more
FeaturedFinteche-wallets in Egypt increases by 16% to 16.3 mn in H1 2021International Finance Business DeskAugust 19, 2021 by International Finance Business DeskAugust 19, 2021 The number of deposit operations increased by 109% reaching 13.8 mn... Read more
FeaturedOil & GasFujairah Oil Terminal secures $280 mn from Prostar CapitalInternational Finance Business DeskAugust 18, 2021August 18, 2021 by International Finance Business DeskAugust 18, 2021August 18, 2021 The latest funds will replace the existing senior debt along with creating a connection terminal to the Very Large Crude Carrier (VLCC)... Read more