Emirates NBD reduces transaction fees in line with the UAE’s coronavirus initiatives
These measures are being implemented to mitigate economic impact caused by the coronavirus epidemic...
Category : Featured
Saudi urges Opec+ to cut 1.5 mn bpd as coronavirus affects oil demand
the Kingdom has pushed for a larger cut compared to Goldman Sach’s recommendation of 600,000 to I mn bpd...
UAE is first Mideast country to produce nuclear energy
UAE officially starts power operation at the Barakah nuclear power plant...
Philippines’ first digital bank Tonik to go live in July
Tonik is 60% owned by Tonik Financial while the remaining 40% is owned by two Singaporean family offices...
GCC real estate investments reach $1 trillion by early 2020
The region’s real estate market is expected to rebound in 2020 or 2021...
UBS CEO Sergio Ermotti to become Swiss Re chairman
Sergio Ermotti is due to step down as chief executive of UBS Group in November...
MTN subscriber base reaches 64.3 mn in 2019
Active subscribers also rose to 25.2 million, representing a 34.9% increase from 2018...
South Africa’s King Price buys Stangen, targets life insurance
King Price bought Stangen from African Phoenix Investments for R140 mn...
Healthcare investor Quadria raises $595 mn in second fund closing
The amount raised in the second fund exceeded its initial target of $400 million...
Lloyd’s crypto-insurance policy to protect investors against hacks
Lloyd's syndicate Atrium developed the policy in collaboration with Coincover...