South Africa to restructure GDP data September onwardsInternational FinanceJanuary 21, 2020March 18, 2020 by International FinanceJanuary 21, 2020March 18, 2020 The start year for calculating GDP will be updated to 2015 from the existing year of 2010... Read more
Goldman bank licenced to operate in South Africa as part of expansionInternational FinanceJanuary 21, 2020March 18, 2020 by International FinanceJanuary 21, 2020March 18, 2020 The bank has become a member of Johannesburg Stock Exchange’s interest-rate and currency-derivatives market... Read more
Five firms in the fray to acquire Prudential Life KoreaInternational FinanceJanuary 21, 2020March 18, 2020 by International FinanceJanuary 21, 2020March 18, 2020 Taiwan’s Fubon Financial Holdings is the sole foreign bidder while the remaining four are local financial firms... Read more
Adnoc, Eni to tap into new opportunities in oil and gas sectorInternational FinanceJanuary 21, 2020March 18, 2020 by International FinanceJanuary 21, 2020March 18, 2020 They will explore opportunities in carbon capture utilisation and storage as well as research and development... Read more
Thailand eases mortgage loan regulations to support homebuyersInternational FinanceJanuary 21, 2020March 18, 2020 by International FinanceJanuary 21, 2020March 18, 2020 First-time buyers purchasing homes worth less than 10 mn baht can borrow an extra 10% for furniture... Read more
JP Morgan, UK Aid invest $15 million in Catalyst FundInternational FinanceJanuary 20, 2020March 18, 2020 by International FinanceJanuary 20, 2020March 18, 2020 Catalyst Fund will back 30 fintech startups in Kenya, Nigeria, South Africa, India and Mexico over next three years... Read more
Sharjah’s real estate transactions in 2019 touch Dh24.2 billionInternational FinanceJanuary 20, 2020March 18, 2020 by International FinanceJanuary 20, 2020March 18, 2020 3,328 properties spanning 46.3 million square feet in area were sold in Sharjah last year... Read more
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