FeaturedTelecomSafaricom pledges full 4G coverage in Kenya; sees lower earningsInternational Finance Business DeskNovember 10, 2020 by International Finance Business DeskNovember 10, 2020 Suspension of major Kenyan betting firms has disrupted the company’s six-month income... Read more
CurrencyFeaturedUK develops research on a CBDC as an alternative to cashPritam BordoloiNovember 10, 2020 by Pritam BordoloiNovember 10, 2020 The Treasury Department has revealed that it is drafting proposals to regulate stablecoins... Read more
FeaturedTechnologyHuawei to sell Honor to Shenzhen government for $15 bnPritam BordoloiNovember 10, 2020 by Pritam BordoloiNovember 10, 2020 The deal will allow Huawei to focus on high-end handsets and corporate-oriented business... Read more
FeaturedPorts and ShippingChina’s Hainan port launches its first intercontinental air freight routePritam BordoloiNovember 10, 2020 by Pritam BordoloiNovember 10, 2020 The port will link the provincial capital of Haikou with Amsterdam in Europe... Read more
EconomyFeaturedMexico to reshape its relations with US over Biden’s winWebAdminNovember 9, 2020 by WebAdminNovember 9, 2020 The country recorded 12 percent economy rebound in Q3, which in part, is attributable to the US recovery... Read more
FeaturedFintechViking Global makes its first private Latam investmentWebAdminNovember 9, 2020November 9, 2020 by WebAdminNovember 9, 2020November 9, 2020 The hedge fund has led a $150 million fundraising round for Brazilian fintech Conductor.... Read more
BankingFeaturedEmirates NBD Egypt is leading in trade finance and cash managementWebAdminNovember 9, 2020 by WebAdminNovember 9, 2020 The bank seeks to become a major player in financing new projects and development initiatives... Read more
FeaturedUtilitiesEskom follows suit in emissions cut by 2050WebAdminNovember 9, 2020 by WebAdminNovember 9, 2020 The transition must be in line with the economic sustenance of communities living around its power stations... Read more
FeaturedOil & GasOman’s crude oil price in September average $47.2 per barrelWebAdminNovember 9, 2020 by WebAdminNovember 9, 2020 The Sultanate’s total oil production stood at 261.10 mn barrels for the first nine month of 2020... Read more
FeaturedFintechRipple establishes regional headquarters at DIFCWebAdminNovember 9, 2020November 9, 2020 by WebAdminNovember 9, 2020November 9, 2020 Ripple has chosen DIFC for its reputation as a leading global financial centre... Read more