Emirates NBD Egypt is first in MENA to use switch technology for card paymentsInternational FinanceFebruary 20, 2020March 18, 2020 by International FinanceFebruary 20, 2020March 18, 2020 Mastercard World Switch Card will interlink both credit and debit accounts, allowing cardholders to switch to either for payments... Read more
Vietnam to increase renewable energy capacity to 15% by 2030International FinanceFebruary 20, 2020March 18, 2020 by International FinanceFebruary 20, 2020March 18, 2020 The country is anticipated to face power shortages from 2021 as a result of rising demand... Read more
Dubai to establish tax-free Crypto Valley to enhance business landscapeInternational FinanceFebruary 20, 2020March 18, 2020 by International FinanceFebruary 20, 2020March 18, 2020 The DMCC Crypto Valley is in line with the UAE Blockchain Strategy 2021... Read more
Dubai to launch blockchain platform for instant bank account facilityPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 In order to do so, Dubai has set up a blockchain consortium consisting of six UAE banks... Read more
Budget Saudi Arabia redefines reliability and customer experience in vehicle renting, leasingInternational FinanceFebruary 20, 2020March 18, 2020 by International FinanceFebruary 20, 2020March 18, 2020 Over four decades, Budget Saudi Arabia has ensured efficient customer service and a commitment to promptly delivering promises without compromising on quality... Read more
Bahrain’s GFH acquires 70% stake in Dubai fintech MarshalPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%... Read more
MUFG to invest over $700 mn in Singapore’s GrabPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 Both parties will jointly develop financial services such as insurance which will be available on Grab’s app... Read more
2025: Saudi Arabia to invest $30 bn in renewable energyPritam BordoloiFebruary 19, 2020 by Pritam BordoloiFebruary 19, 2020 The investment is also expected to create additional jobs and boost local manufacturing... Read more
GCC: IPOs in Q42019 raises $26 bnPritam BordoloiFebruary 19, 2020February 19, 2020 by Pritam BordoloiFebruary 19, 2020February 19, 2020 Saudi Aramco’s IPO alone raised around $25.6 bn... Read more
Cambodian logitech ShopRunBack secures $900K funding for SE expansionPritam BordoloiFebruary 19, 2020February 19, 2020 by Pritam BordoloiFebruary 19, 2020February 19, 2020 Investors that participated in the funding round include OBOR Capital and Negocia Ventures... Read more