BlackRock wins approval to start mutual funds business in China
BlackRock was granted a license by the China Securities Regulatory Commission to start selling onshore investment products and solutions to Chinese investors...
Category : Finance
Egypt’s NBE receives $100 mn from EBRD to support SMEs
by WebAdmin
The funds will be used to help the local SMEs to help improve the use of energy, water, and land resources...
Private Equity fund manager Ascent finalises $100 mn funds for SME in East Africa
by WebAdmin
The investor will primarily target minority and majority acquisitions for amounts between $4 mn and $15 mn...
HSBC rolls out multi-currency digital wallets to compete with its rivals
by WebAdmin
HSBC is all set to launch its very own digital multi-currency wallet which will make international payments hassle-free and secure...
Saudi Payments launches instant payment system ‘sarie’
by WebAdmin
It is being launched in cooperation with IBM and Mastercard...
MENA startups raise $170 mn in the first quarter
by WebAdmin
UAE, Egypt and Saudi completed 125 deals worth $396 mn in the first quarter of 2021...
CBUAE issues two new payment system regulations
They are the Large-Value Payment Systems (LVPS) Regulation and the Retail Payment Systems (RPS) Regulation...
BNP Paribas launches A2A payments for ecommerce merchants
BNP Paribas will launch the platform along with Token, an open banking payments platform...
Saudi Arabia to launch new electronic instant payments system
The new payment system is designed to reduce the dependency on cash in the Kingdom...
CBUAE issues new Consumer Protection Regulation
The new regulations are aimed to ensure the fair treatment and protection of consumers...