FeaturedTelecomAirtel Kenya sees 9% rise in growth impacted by currency devaluationInternational Finance Business DeskJuly 6, 2020July 6, 2020 by International Finance Business DeskJuly 6, 2020July 6, 2020 The telecom operator's revenue growth was partially impacted by currency devaluation in Zambia and Kenya... Read more
EnergyFeaturedEgypt approves 691 green projects for FY 2020/21Pritam BordoloiJuly 6, 2020 by Pritam BordoloiJuly 6, 2020 30% of Egypt’s investment will be implemented as per environmental sustainability and green economy concepts... Read more
BankingFeaturedUAE central bank to introduce a new overnight deposit facilityPritam BordoloiJuly 6, 2020 by Pritam BordoloiJuly 6, 2020 The new facility will allow conventional banks operating deposit their surplus liquidity at the central bank on an overnight basis... Read more
FeaturedFintechAMTD to acquire a controlling stake in Singapore’s Fomo PayPritam BordoloiJuly 6, 2020 by Pritam BordoloiJuly 6, 2020 AMTD will complete the acquisition through a share swap and cash deal... Read more
FeaturedReal EstateSingapore’s real estate activity down by 45% in H12020Pritam BordoloiJuly 3, 2020July 3, 2020 by Pritam BordoloiJuly 3, 2020July 3, 2020 In the second quarter, preliminary investment volume stood at S$3.06 mn... Read more
FeaturedTelecomIntel Capital invests $253.5 mn in Jio PlatformsPritam BordoloiJuly 3, 2020 by Pritam BordoloiJuly 3, 2020 Intel will acquire a 0.39% stake in Jio Platforms... Read more
BankingFeaturedThe National Bank of Iraq sees growth despite the pandemicInternational Finance Business DeskJuly 2, 2020 by International Finance Business DeskJuly 2, 2020 The National Bank of Iraq ranks first in the country in terms of growth in customer deposits and net credit facilities... Read more
FeaturedFintechWirecard granted permission to resume banking operations in the UKInternational Finance Business DeskJuly 2, 2020 by International Finance Business DeskJuly 2, 2020 Recently, financial regulators lifted restrictions on the German payments company mired in a scandal... Read more
BankingFeaturedEquity Bank seeks to become trillion shilling over next two yearsInternational Finance Business DeskJuly 2, 2020July 2, 2020 by International Finance Business DeskJuly 2, 2020July 2, 2020 The bank is close to completing the Democratic Republic of the Congo commercial bank transaction... Read more
FeaturedPorts and ShippingDP World integrates Unifeeder and Feedertech to improve supply chainPritam BordoloiJuly 2, 2020 by Pritam BordoloiJuly 2, 2020 It will further strengthen the capabilities of DP Word’s main ports in Dubai’s Jebel Ali, and ports in India, Africa and Europe... Read more