BankingFeaturedSaudi Arabia to issue digital banking licenses to STC Bank and Saudi Digital BankInternational Finance Business DeskJune 23, 2021 by International Finance Business DeskJune 23, 2021 The proposal was approved during a virtual meeting that was headed by King Salman... Read more
FeaturedTechnologyChipmaker GlobalFoundries plans to invest $6 bn to expand in SingaporeInternational Finance Business DeskJune 23, 2021 by International Finance Business DeskJune 23, 2021 The US-based company will allocate the fund in order to fight chip shortage... Read more
AviationFeaturedVolaris is all set to start flying to ColombiaInternational Finance Business DeskJune 22, 2021 by International Finance Business DeskJune 22, 2021 The low-cost Mexican airline revealed that Bogotá and Cancún are two first two routes they will launch in this new market... Read more
FeaturedFinanceUAE attracts foreign investment worth $20 bn in 2020International Finance Business DeskJune 22, 2021 by International Finance Business DeskJune 22, 2021 The Emirates became the 15th largest recipient of FDI in the world and climbed seven places from 2019 to 2020... Read more
EconomyFeaturedSingapore economy to grow by 6.1% in 2021: AMROInternational Finance Business DeskJune 22, 2021 by International Finance Business DeskJune 22, 2021 After a 5.4% contraction in the economy in 2020, Singapore’s economy is rebounding stronger... Read more
FeaturedIslamic FinanceUAE Islamic banks record 5% increase in assets in 2020: Central BankInternational Finance Business DeskJune 21, 2021June 21, 2021 by International Finance Business DeskJune 21, 2021June 21, 2021 The investment represents around 19% of the total banking assets... Read more
FeaturedTechnologyCentral Bank of Portugal grants licenses to two cryptocurrencies exchangesInternational Finance Business DeskJune 21, 2021 by International Finance Business DeskJune 21, 2021 The Central Bank of Portugal licensed Criptoloja and Mind the Coin will be functional and operative in the country... Read more
FeaturedFintechMFast bags $1.5 mn funding to expand its operations across VietnamInternational Finance Business DeskJune 21, 2021 by International Finance Business DeskJune 21, 2021 The company acquired $1.5 mn in a pre-series A funding round that was headed by DO ventures along with Jafco Asia... Read more
FeaturedOil & GasChina discovers new oil and gas in Xinjiang Uygur autonomous regionInternational Finance Business DeskJune 21, 2021 by International Finance Business DeskJune 21, 2021 Located in the Fuman Oilfield area, the well contains 1 bn ton of oil and gas... Read more
FeaturedLogisticsTrading platforms in Brazil team up to create a logistics platformInternational Finance Business DeskJune 18, 2021 by International Finance Business DeskJune 18, 2021 Amaggi, Louis Dreyfus Company (LDC), Cargill, and Archer Daniels Midland (ADM) have come together with payments company TIP Bank to create a joint logistics and road freight platform... Read more