FeaturedReal EstateProperty sales surge by 250% during the first five months of 2021: EmaarInternational Finance Business DeskJune 7, 2021 by International Finance Business DeskJune 7, 2021 The developer also mentioned that the total sales reached up to Dh10.5 bn, compared to Dh3 bn recorded the previous year... Read more
FeaturedFintechIndonesian fintech company Amartha raises $7.5 mn from NorfundInternational Finance Business DeskJune 7, 2021 by International Finance Business DeskJune 7, 2021 These funds will be used to support environment-friendly business and to fund loans for women micro-entrepreneurs in Indonesia’s rural areas... Read more
AviationFeaturedQatar Airways to fly a daily Boeing 787 Dreamliner to Sharjah from JulyInternational Finance Business DeskJune 7, 2021 by International Finance Business DeskJune 7, 2021 The carrier cancelled its services to Sharjah in 2017 due to diplomatic reasons... Read more
FeaturedHealthcarePrixa acquires funding of $3 mn from Telkom’s MDI VenturesInternational Finance Business DeskJune 4, 2021June 7, 2021 by International Finance Business DeskJune 4, 2021June 7, 2021 The healthcare startup provides telemedicine services for insurance companies, corporations and government entities... Read more
EconomyFeaturedThe global unemployment rate to reach 5.7% in 2022: ILOInternational Finance Business DeskJune 4, 2021June 7, 2021 by International Finance Business DeskJune 4, 2021June 7, 2021 According to the report by International Labour Organisation, by 2022, 205 million people worldwide will be out of work... Read more
EconomyFeaturedGCC economy first-quarter net profit reaches $40 bnInternational Finance Business DeskJune 4, 2021June 7, 2021 by International Finance Business DeskJune 4, 2021June 7, 2021 The earning during this quarter grew by 4.4%, as compared to 2019... Read more
FeaturedTechnologySingapore’s IB Group to provide local cybersecurity from DubaiInternational Finance Business DeskJune 4, 2021 by International Finance Business DeskJune 4, 2021 The company plans to open a second regional office in Saudi Arabia... Read more
Asset ManagementFeaturedLansweeper acquires $158 mn funding to launch a new cloud platformInternational Finance Business DeskJune 4, 2021June 4, 2021 by International Finance Business DeskJune 4, 2021June 4, 2021 IT asset management company Lansweeper has acquired funding from enterprise capital and personal fairness agency Insight Partners to launch a new cloud platform... Read more
CurrencyFeaturedStanChart to launch new crypto platform for UK and European clientsInternational Finance Business DeskJune 3, 2021June 3, 2021 by International Finance Business DeskJune 3, 2021June 3, 2021 The joint venture between Standard Chartered and BC group is unnamed and it is also subjected to regulatory approval... Read more
EnergyFeaturedDubai’s energy demands increase by 10% between January and May 2021: DEWAInternational Finance Business DeskJune 3, 2021 by International Finance Business DeskJune 3, 2021 The peak load in Dubai also increased 10 percent from 7,248 megawatts (MW) during the same time period... Read more