Indonesia lists three sukuk valued at $3 bn on NASDAQ Dubai to fund socio-economic development
The listing comes with a 10-year issuance of $1.25 bn and two issuances of $750 mm each, bringing Indonesia’s total value of listed sukuk to $19.75 bn...
Category : Featured
New telco Gorilla mobile lets you convert your unused data into digital tokens
The telco will primarily target professionals, managers, executives, and technicians (PMETs) along with SMEs with its blockchain technology...
StanChart to grow affluent banking business, hire 3000 relationship managers
The lender will either hire 3,000 relationship managers for the unit over the next five years...
Saudi Arabia’s Public Pension Agency to merge with General Organisation for Social Insurance
More than 8.3 bn people will benefit from social insurance because of this merger...
Mubadala health buys 60% stake in UEMedicals
The stake has been acquired from Jadawa Investment and United Eastern Group (UEG) and marked the company’s entry into the Saudi Arabia market...
Vietnam Airlines on the verge of bankruptcy
The company have an estimated loss of 10 tn dong in the first half of this year and overdue debts have reached 6.24 trillion Dong...
Kenya’s economy to grow by 5.3% in 2021 as economic activities resume
The NCBA claims Covid-19 vaccination will prove to be a major economic policy...
EBANX secures 430 mn funding from Advent International to expand its operations
It is one of the largest rounds ever raised by a Brazilian fintech company...
ADNOC awards $510 mn contract to Saipem to expand Shah sour gas capacity
The contract will increase the plant’s capacity by 13% to 1.45 bn cubic feet per day by 2023...
China-based Rangers Protocol secures funding to expand in the digital asset market
Valued at $63 mn, company completed a major investment round that included names like Pantera Capital, Frameworks Venture, and Alameda Capital to name a few...