Localisation of Kenya’s SGR operations reach 80%
The SGR line was launched in 2014 to connect Kenya, Uganda, Rwanda and South Sudan...
Category : Featured
National Bank of Fujairah and Ripple to facilitate cross border payments
The UAE-based bank will use RippleNet to facilitate remittance payments to India through Indus Ind Bank...
HSBC combines wealth and retail banking to create new global business
The decision to merge its banking units comes as it prepares to slash 35,000 jobs globally...
Dubai’s logistics startup iMile secures $10 mn funding to expand in ME
The round was led by an unnamed venture capital firm active in the Chinese logistics market...
DBS, OCBC adopt blockchain in trade finance to boost digitalisation
The Singaporean banks issued their first electronic banker's guarantee on the Singapore Customs Electronic Banker's Guarantee Programme...
MTN Nigeria adds 108,000 agents to its mobile money network
The network served one million customers in its first four months...
Jeju Air to acquire majority stake in rival Eastar Jet for $45.6 mn
The acquisition marks the latest restructuring efforts in South Korea’s aviation industry...
Oil and Gas deals worth $76.46 bn signed globally in Q4 2019
Oil and gas deals worth $37.6 bn signed in the month of December alone...
Mubadala mulls investment in healthcare company NMC Health
Mubadala is reportedly considering buying a stake as well as acquiring a board seat in the healthcare company...
Kenya Airways names its subsidiary Jumbojet’s head as new CEO
Allan Kilavuka was serving as the acting chief executive since the post became vacant...