Banking and FinanceFeaturedVisa, Ooredoo seek to enhance digital payments experience in QatarInternational Finance Business DeskMay 12, 2020May 12, 2020 by International Finance Business DeskMay 12, 2020May 12, 2020 The companies will jointly offer virtual prepaid cards which will be accepted at Visa's more than 53 mn merchant locations worldwide... Read more
FeaturedFintechUAE, Abu Dhabi to jointly host Fintech Abu Dhabi initiative in NovemberInternational Finance Business DeskMay 12, 2020May 12, 2020 by International Finance Business DeskMay 12, 2020May 12, 2020 Fintech Abu Dhabi is a leading initiative created to support startups, innovation, research and collaboration in the industry across the region... Read more
FeaturedFintechSingapore-based SME lending firm Validus secures $14 mn fundingPritam BordoloiMay 12, 2020 by Pritam BordoloiMay 12, 2020 Validus will use the funds to invest in technology and build a stronghold in its existing markets... Read more
FeaturedTechnologyGojek launches online investment platform GoInvestasiPritam BordoloiMay 12, 2020May 12, 2020 by Pritam BordoloiMay 12, 2020May 12, 2020 Gojek has launched GoInvestasi in partnership with fintech firm Pluang... Read more
AviationFeaturedColombian airlines Avianca files for bankruptcyInternational Finance Business DeskMay 11, 2020May 11, 2020 by International Finance Business DeskMay 11, 2020May 11, 2020 More than 80% of Avianca's income has been affected by the pandemic... Read more
FeaturedOil & GasLamprell shuts two facilities to reduce overheadsInternational Finance Business DeskMay 11, 2020May 11, 2020 by International Finance Business DeskMay 11, 2020May 11, 2020 Lamprell closed its Jebel Ali facility and the Sharjah facility will be shuttered following the completion of work on Moray East offshore wind farm... Read more
BankingFeaturedEquity Bank launches Sh200 bn to support small firms in KenyaInternational Finance Business DeskMay 11, 2020May 11, 2020 by International Finance Business DeskMay 11, 2020May 11, 2020 The launch is a collaboration between Equity Bank and Kenya National Chamber of Commerce and Industry... Read more
FeaturedTelecomSaudi Arabia ranks 4th in terms of 5G technology usePritam BordoloiMay 11, 2020May 11, 2020 by Pritam BordoloiMay 11, 2020May 11, 2020 The Kingdom ranks 10th in terms of internet speed... Read more
EnergyFeaturedAramco to review SABIC’s price after 40% drop in its valuePritam BordoloiMay 11, 2020 by Pritam BordoloiMay 11, 2020 Last year, Aramco agreed to buy a 70% stake in Saudi Basic Industries Corp (SABIC)... Read more
AviationFeaturedSingapore’s Temasek eyes stake in troubled Virgin AtlanticPritam BordoloiMay 11, 2020May 11, 2020 by Pritam BordoloiMay 11, 2020May 11, 2020 Delta Air Lines currently holds 49% or Virgin Atlantic and the remaining 51% by Virgin Group... Read more