BankingFeaturedFAB stalls talks to acquire Bank Audi Egypt over uncertainityInternational Finance Business DeskMay 22, 2020May 22, 2020 by International Finance Business DeskMay 22, 2020May 22, 2020 Mergers and acquisitions in the Middle East are expected to grow after the negative effects of the pandemic settles... Read more
FeaturedLogisticsFedEx, Microsoft to boost commerce in post-pandemic worldInternational Finance Business DeskMay 22, 2020May 22, 2020 by International Finance Business DeskMay 22, 2020May 22, 2020 FedEx Surround will change the game for logistics industry with real-time analytics... Read more
FeaturedReal EstateDubai launches new remote property registration systemPritam BordoloiMay 22, 2020 by Pritam BordoloiMay 22, 2020 The new system is designed to allow real estate owners to complete sales transactions from anywhere in the world... Read more
FeaturedTechnologyChinese government proposes stablecoin for four Asian countriesPritam BordoloiMay 22, 2020 by Pritam BordoloiMay 22, 2020 The four countries are Japan, China, Hong Kong and Korea... Read more
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