Visa forays into mobile money in East Africa with Mvisa app
Visa in collaboration wit M-Pesa has launched the app in an effort to strengthen its presence in Kenya...
Category : Finance
Saudi raises $7 bn in bond sale to strengthen finances
It is reported that the Kingdom's bonds have been heavily oversubscribed...
IMF executive board approves debt service relief to 25 poor countries
These countries are most vulnerable to debt and come under the IMF's revised Catastrophe Containment and Relief Trust...
China’s new loans surge to $405 bn in March on the back of Covid-19
New loans in the country have surpassed market expectations of 1.8 tn yuan...
DBS becomes the only non-Chinese bank for Haier’s digital financing
The bank and Haier's relief efforts in digital financing is aimed to help many businesses to cope with challenging times...
UK launches £330 billion loan scheme for startups affected by Covid-19
The UK will address the existing financial gap for startups in the country that are at a risk of collapse...
World Bank, IMF urge suspension of debt payments in poorest countries
Official bilateral creditors have been asked to provide immediate debt relief to IDA countries...
Bao Viet Securities Joint Stock Company cooperates with Vietnam-Korea Businessmen and Investment Association
The firm signed an MoU with Vietnam-Korea Businessmen Investment Association to connect with Korean businesses and investors...
GFH Financial lists $300 mn Sukuk on Nasdaq Dubai for further expansion
The listing will give GFH a competitive advantage as it forays into the international debt capital markets...
First Abu Dhabi Bank sells sterling-denominated bonds worth $584 mn
FAB’s issuance becomes the Middle East’s largest sterling-denominated bond in ten years...