South Africa to set up wealth fund, state bank to improve financial access
The plans for both proposals were announced by President Cyril Ramaphosa in his 2020 State of the Nation Address...
Category : Featured
First Abu Dhabi Bank sells sterling-denominated bonds worth $584 mn
FAB’s issuance becomes the Middle East’s largest sterling-denominated bond in ten years...
Egypt’s National Bank joins Ripple’s blockchain for faster remittances
The National Bank of Egypt signed an agreement to use Ripple’s global blockchain platform called RippleNet...
Brexit sees German fintech N26 exit UK business
The neobank will close down all accounts on April 15...
Maybank Islamic launches first overseas branch in Dubai
The bank’s Dubai branch will focus on wholesale banking which includes corporate financing, treasury, capital markets and trade finance...
Saudi Arabian Logistics expands cargo facility at Dammam airport
The 37,800 square metre air cargo facility is located at King Fahad International Airport, Dammam...
Adnoc to invest upto Dh1.5 bn to set up 60 new gas stations in Dubai
Currently, the majority of gas stations located in Dubai are operated by Emirates National Oil Company...
Dubai property market to see the addition of 62,500 new units in 2020
The number of units to be completed in Dubai this year is the highest in more than a decade...
Warburg Pincus to fuel digital telco Circles.Life’s expansion plan
Circles.Life will enter markets in Asia-Pacific and the Middle East...
Thailand to introduce QR code for cross-border payments in Asean
Cross- border QR code payments to Singapore, Myanmar and Cambodia will be available by mid-2020...