Japan’s govt pension fund slashes US bonds and bills to 35% of its foreign debt
This is attributed to boosting holdings of European sovereign bonds...
Category : Finance
Sustainable bond issuance reach a record $850 bn in 2021
A 59% annual increase was registered as investor demand soar up...
Mastercard and Ant Group to promote environmental stability
The project is titled ‘Every Action Counts’ and it will promote a green consumer behavior...
UAE attracts foreign investment worth $20 bn in 2020
The Emirates became the 15th largest recipient of FDI in the world and climbed seven places from 2019 to 2020...
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...
Egypt’s NBE receives $100 mn from EBRD to support SMEs
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
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
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’
It is being launched in cooperation with IBM and Mastercard...
MENA startups raise $170 mn in the first quarter
UAE, Egypt and Saudi completed 125 deals worth $396 mn in the first quarter of 2021...