Emirates NBD inks deal with DLD to offer trust account servicesInternational FinanceJanuary 20, 2020March 18, 2020 by International FinanceJanuary 20, 2020March 18, 2020 ENBD is the first UAE bank to team up with RERA after the new law in September 2019... Read more
Egypt’s external debt increases 17.47% to $109.363 bn last SeptemberInternational FinanceJanuary 20, 2020March 18, 2020 by International FinanceJanuary 20, 2020March 18, 2020 The World Bank estimates Egypt’s volume of long-debt to be more than $98.3 billion... Read more
Qatar to build solar project with Total and Marubeni for $467 mnInternational FinanceJanuary 20, 2020March 18, 2020 by International FinanceJanuary 20, 2020March 18, 2020 The project is an effort to decrease carbon emissions and increase clean energy production for exports... Read more
Dubai’s property market prices to stabilise despite heavy demandInternational FinanceJanuary 20, 2020March 18, 2020 by International FinanceJanuary 20, 2020March 18, 2020 Five-year tourism visa to increase short-term rentals and holiday homes market... Read more
Apple acquires edge-based firm Xnor.ai for $200 millionInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020 Xnor.ai's software is likely to be adopted into forthcoming iPhones models... Read more
South Africa slashes interest rates to lowest in four yearsInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020 The Monetary Policy Committee voted in unison to lower the repurchase rate to 6.25% from 6.5%... Read more
Mozilla lays off 70 employees on the back of revenue struggleInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020 The organisation is planning to diversify its revenue generation from sources outside of search partnerships... Read more
South Africa reduces cheque limits to boost the use of B2B epaymentsInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020 Checks can be written below $3,500 to encourage businesses to utilise more epayment options... Read more
EBRD to finance Masdar, Infinity joint projects for up to $60 mnInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020 The joint venture known as Infinity Power will work on renewable energy projects in Africa and Egypt... Read more
UK banks expect rise in demand for credit card borrowingInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020 The Bank of England predicts credit card borrowing by households will increase by 14.3 percent over next three month... Read more