Cash is no longer the most-favoured mode of payment in Germany
Contactless payment increased by nearly 40% since the pandemic...
Category : Finance
Foreign investment in new entities jump 108% in H1 2021: Saudi Arabia Ministry
It accounted for 55% of the total 1054 entities in 2021...
London Stock Exchange sets up sustainable financial innovation lab in Singapore
The lab has backing from Monetary Authority of Singapore and plans to expand innovation and advanced technology throughout the country...
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...
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...