AviationFeaturedThai Airways to let go more than 6000 employeesPritam BordoloiMay 22, 2020 by Pritam BordoloiMay 22, 2020 Cabinet decides to restructure the carrier as per the bankruptcy act... Read more
FeaturedTechnologySTC Bahrain and NEC join hands to launch virtual prepaid MastercardPritam BordoloiMay 21, 2020 by Pritam BordoloiMay 21, 2020 The new facility will allow users carry out transactions in a much faster, safer and efficient way... Read more
EconomyFeaturedSaudi Arabia grants 348 licences in Q12020 to foreign investorsPritam BordoloiMay 21, 2020 by Pritam BordoloiMay 21, 2020 This is a 19% increase when compared to the same quarter in 2019... Read more
FeaturedFinanceChile requests $23.8 bn Flexible Credit Line from IMFInternational Finance Business DeskMay 20, 2020May 20, 2020 by International Finance Business DeskMay 20, 2020May 20, 2020 This is an attempt to improve its economic resources during the ongoing crisis... Read more
EnergyFeaturedMiddle East is world’s second best market for clean energy investmentsInternational Finance Business DeskMay 20, 2020May 20, 2020 by International Finance Business DeskMay 20, 2020May 20, 2020 A report published by Ashurst observed that the region houses some of the largest renewable projects... Read more
FeaturedForexIMF lends $739 mn to Kenya; foreign reserve rises 9%International Finance Business DeskMay 20, 2020May 20, 2020 by International Finance Business DeskMay 20, 2020May 20, 2020 The country's usable foreign exchange reserves increased to $8,532 mn as of May 14... Read more
FeaturedTechnologyAdnoc Distribution’s app sees 9 mn contactless transactionsPritam BordoloiMay 20, 2020 by Pritam BordoloiMay 20, 2020 Adnoc provides four secure contactless payment options through its smart application, including Mobile Pay and RFID... Read more
EconomyFeaturedHong Kong’s unemployment rate highest in over a decade at 5.2%Pritam BordoloiMay 20, 2020 by Pritam BordoloiMay 20, 2020 The underemployment rate hit 3.1%, the highest in more than 15 years... Read more
FeaturedFintechAnt Financial invests $73.5 mn in Myanmar fintech Wave MoneyPritam BordoloiMay 20, 2020 by Pritam BordoloiMay 20, 2020 Wave Money will use the funds to improve financial inclusion in Myanmar... Read more
FeaturedPorts and ShippingKPA offers extension period for free storage of cargo containersInternational Finance Business DeskMay 19, 2020May 19, 2020 by International Finance Business DeskMay 19, 2020May 19, 2020 Importers and exporters will face charges ranging between $30 and $90 per day for cargo at the port beyond the extension period... Read more