BankingFeaturedPPC Bank seeks to improve financial inclusion in CambodiaInternational Finance Business DeskMay 13, 2020 by International Finance Business DeskMay 13, 2020 The bank lays emphasis on digitisation and seeks to further innovate its banking services... Read more
AviationFeaturedIATA: Average airfare in Middle East to jump by 50%Pritam BordoloiMay 13, 2020May 13, 2020 by Pritam BordoloiMay 13, 2020May 13, 2020 This is mainly due to the social distancing measures adopted to fight the virus... Read more
FeaturedFintechThailand-based fintech Digio secures $4 mn fundingPritam BordoloiMay 13, 2020 by Pritam BordoloiMay 13, 2020 The funding will be used to accelerate its product and services development... Read more
EnergyFeaturedMainstream begins building power lines for Chilean clean energy projectsInternational Finance Business DeskMay 12, 2020May 12, 2020 by International Finance Business DeskMay 12, 2020May 12, 2020 The power lines will connect 630 MW of wind and solar projects as part of Mainstream's 1.3 GW Andes Renovables platform... Read more
Banking and FinanceFeaturedVisa, Ooredoo seek to enhance digital payments experience in QatarInternational Finance Business DeskMay 12, 2020May 12, 2020 by International Finance Business DeskMay 12, 2020May 12, 2020 The companies will jointly offer virtual prepaid cards which will be accepted at Visa's more than 53 mn merchant locations worldwide... Read more
FeaturedFintechUAE, Abu Dhabi to jointly host Fintech Abu Dhabi initiative in NovemberInternational Finance Business DeskMay 12, 2020May 12, 2020 by International Finance Business DeskMay 12, 2020May 12, 2020 Fintech Abu Dhabi is a leading initiative created to support startups, innovation, research and collaboration in the industry across the region... Read more
FeaturedFintechSingapore-based SME lending firm Validus secures $14 mn fundingPritam BordoloiMay 12, 2020 by Pritam BordoloiMay 12, 2020 Validus will use the funds to invest in technology and build a stronghold in its existing markets... Read more
FeaturedTechnologyGojek launches online investment platform GoInvestasiPritam BordoloiMay 12, 2020May 12, 2020 by Pritam BordoloiMay 12, 2020May 12, 2020 Gojek has launched GoInvestasi in partnership with fintech firm Pluang... Read more
AviationFeaturedColombian airlines Avianca files for bankruptcyInternational Finance Business DeskMay 11, 2020May 11, 2020 by International Finance Business DeskMay 11, 2020May 11, 2020 More than 80% of Avianca's income has been affected by the pandemic... Read more
FeaturedOil & GasLamprell shuts two facilities to reduce overheadsInternational Finance Business DeskMay 11, 2020May 11, 2020 by International Finance Business DeskMay 11, 2020May 11, 2020 Lamprell closed its Jebel Ali facility and the Sharjah facility will be shuttered following the completion of work on Moray East offshore wind farm... Read more