UK develops research on a CBDC as an alternative to cash
The Treasury Department has revealed that it is drafting proposals to regulate stablecoins...
Category : Featured
Huawei to sell Honor to Shenzhen government for $15 bn
The deal will allow Huawei to focus on high-end handsets and corporate-oriented business...
China’s Hainan port launches its first intercontinental air freight route
The port will link the provincial capital of Haikou with Amsterdam in Europe...
Mexico to reshape its relations with US over Biden’s win
The country recorded 12 percent economy rebound in Q3, which in part, is attributable to the US recovery...
Viking Global makes its first private Latam investment
The hedge fund has led a $150 million fundraising round for Brazilian fintech Conductor....
Emirates NBD Egypt is leading in trade finance and cash management
The bank seeks to become a major player in financing new projects and development initiatives...
Eskom follows suit in emissions cut by 2050
The transition must be in line with the economic sustenance of communities living around its power stations...
Oman’s crude oil price in September average $47.2 per barrel
The Sultanate’s total oil production stood at 261.10 mn barrels for the first nine month of 2020...
Ripple establishes regional headquarters at DIFC
Ripple has chosen DIFC for its reputation as a leading global financial centre...
Tencent buys stake in UK-based genomics startup Congenica
The startup will use the funds to expand its business globally...