FeaturedFintechSingaporean fintech Spark secures $10.5 mn funding from Citi, HSBCPritam BordoloiMay 15, 2020 by Pritam BordoloiMay 15, 2020 Spark’s will use the funds to further develop its in-house technology... Read more
EnergyFeaturedIndia ranks 74 on global Energy Transition Index: WEFInternational Finance Business DeskMay 14, 2020May 14, 2020 by International Finance Business DeskMay 14, 2020May 14, 2020 India has progressed in relation to all important parameters such as economic growth, energy security and environmental sustainability... Read more
BankingFeaturedRakBank, BankAsia drive cross-border payments using Ripple’s blockchainInternational Finance Business DeskMay 14, 2020May 14, 2020 by International Finance Business DeskMay 14, 2020May 14, 2020 Bangladeshi expatriate community is expected to benefit from the partnership with instant and secure payments... Read more
AviationFeaturedDXB passenger traffic drops 19.8% in Q1 2020International Finance Business DeskMay 14, 2020May 14, 2020 by International Finance Business DeskMay 14, 2020May 14, 2020 A total of 17.8 mn passengers passed through through the DXB gates between January and March 2020... Read more
AviationFeaturedQatar Airways in talks to postpone aircraft purchasePritam BordoloiMay 14, 2020 by Pritam BordoloiMay 14, 2020 The carrier is in talks with Boeing and Airbus to defer orders for several years... Read more
FeaturedReal EstateDubai real estate sees best first quarter performance in six yearsPritam BordoloiMay 14, 2020 by Pritam BordoloiMay 14, 2020 Q1 2020 saw cash sales of ready homes up 30.4 percent annually with no change quarterly... Read more
FeaturedMarketsChinese delivery platform Dada Nexus plans to raise $500 mn in US IPOPritam BordoloiMay 14, 2020 by Pritam BordoloiMay 14, 2020 Dada Nexus, listed the size of the offering at $100 mn, a placeholder amount likely to change... Read more
BankingFeaturedUnaitas Sacco approves Sh500 mn dividend pay out for membersInternational Finance Business DeskMay 13, 2020May 13, 2020 by International Finance Business DeskMay 13, 2020May 13, 2020 The Sacco comprises more than 320,000 members in Kenya... Read more
FeaturedFinanceAbu Dhabi’s state fund Mubadala sells $4 bn in three-tranche bondsPritam BordoloiMay 13, 2020May 13, 2020 by Pritam BordoloiMay 13, 2020May 13, 2020 The sale received more than $23.5 bn in orders... Read more
FeaturedInsuranceUK watchdog seeks to clarify insurance claims for disrupted businessesInternational Finance Business DeskMay 13, 2020 by International Finance Business DeskMay 13, 2020 FCA has informed all insurers in the country to assess whether they should be providing partial policy refunds for businesses... Read more