BankingFeaturedDeposits in Saudi Arabian banks increase by 7.3% in 2019Pritam BordoloiFebruary 4, 2020February 4, 2020 by Pritam BordoloiFebruary 4, 2020February 4, 2020 Savings and term deposits increase by 13.2% year-on-year in 2019 to SR 501.67 bn... Read more
FeaturedWealth ManagementGrab enters wealth management with Bento acquisitionPritam BordoloiFebruary 4, 2020February 20, 2020 by Pritam BordoloiFebruary 4, 2020February 20, 2020 Bento Invest will be rebranded as Grab Invest and new products will be available in Singapore by mid-2020... Read more
FeaturedTelecomMTN to invest $1.6 bn in Nigeria to boost connectivityPritam BordoloiFebruary 3, 2020February 3, 2020 by Pritam BordoloiFebruary 3, 2020February 3, 2020 This follows the Nigerian government’s decision to drop charges against MTN Group for alleged unpaid taxes worth $2 bn... Read more
FeaturedHealthcareUAE spearheading MEA’s smart hospitals marketPritam BordoloiFebruary 3, 2020February 3, 2020 by Pritam BordoloiFebruary 3, 2020February 3, 2020 According to experts, the market will be worth $2.1 bn by 2023... Read more
BankingFeaturedCIMB Philippines virtual bank provides AI-backed onboardingPritam BordoloiFebruary 3, 2020February 3, 2020 by Pritam BordoloiFebruary 3, 2020February 3, 2020 While the process earlier took more than 15 minutes, now it can be completed in less than five minutes... Read more
FeaturedReal EstateMasdar to launch UAE’s first ‘sustainable’ REITPritam BordoloiJanuary 31, 2020February 3, 2020 by Pritam BordoloiJanuary 31, 2020February 3, 2020 The sustainable real estate investment trust is expected to have an initial valuation between Dh950 mn and Dh1 bn... Read more
FeaturedTechnologyZTE and MTN Uganda unveil the first 5G standalone network in East AfricaBharath KumarJanuary 31, 2020March 18, 2020 by Bharath KumarJanuary 31, 2020March 18, 2020 The Chinese multinational telecom equipment giant has emerged as a vital provider of end-to-end services in the ICT sector... Read more
FeaturedFintechNigerian fintech startups attracted $122 mn in funding in 2019Pritam BordoloiJanuary 31, 2020 by Pritam BordoloiJanuary 31, 2020 Total funding accumulated by fintechs fell by 21.8% year-on-year... Read more
EnergyFeaturedIndonesia to replace coal power plants with renewable energy sourcesPritam BordoloiJanuary 31, 2020 by Pritam BordoloiJanuary 31, 2020 The plants, which are to be replaced, could have a combined power capacity of over 11,000 MW... Read more
FeaturedHealthcareGCC Healthcare market expected to hit $70 billion this yearBharath KumarJanuary 31, 2020March 18, 2020 by Bharath KumarJanuary 31, 2020March 18, 2020 Currently, GCC is spending just around 50 percent of what mature markets invest on healthcare... Read more