FeaturedFinanceUK launches £330 billion loan scheme for startups affected by Covid-19International Finance Business DeskApril 3, 2020 by International Finance Business DeskApril 3, 2020 The UK will address the existing financial gap for startups in the country that are at a risk of collapse... Read more
FeaturedFinanceWorld Bank, IMF urge suspension of debt payments in poorest countriesInternational Finance Business DeskMarch 26, 2020 by International Finance Business DeskMarch 26, 2020 Official bilateral creditors have been asked to provide immediate debt relief to IDA countries... Read more
FeaturedFinanceBao Viet Securities Joint Stock Company cooperates with Vietnam-Korea Businessmen and Investment AssociationBharath KumarMarch 11, 2020March 18, 2020 by Bharath KumarMarch 11, 2020March 18, 2020 The firm signed an MoU with Vietnam-Korea Businessmen Investment Association to connect with Korean businesses and investors... Read more
FeaturedFinanceGFH Financial lists $300 mn Sukuk on Nasdaq Dubai for further expansionBharath KumarFebruary 26, 2020March 18, 2020 by Bharath KumarFebruary 26, 2020March 18, 2020 The listing will give GFH a competitive advantage as it forays into the international debt capital markets... Read more
FeaturedFinanceFirst Abu Dhabi Bank sells sterling-denominated bonds worth $584 mnBharath KumarFebruary 13, 2020March 18, 2020 by Bharath KumarFebruary 13, 2020March 18, 2020 FAB’s issuance becomes the Middle East’s largest sterling-denominated bond in ten years... Read more
FeaturedFinanceWestern Union, Bharti Airtel to launch cross-border payment in AfricaBharath KumarJanuary 23, 2020March 18, 2020 by Bharath KumarJanuary 23, 2020March 18, 2020 The real-time cross-border payment service will drive financial inclusion across the continent... Read more
FeaturedFinanceSouth Africa reduces cheque limits to boost the use of B2B epaymentsBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 Checks can be written below $3,500 to encourage businesses to utilise more epayment options... Read more
FinanceEastspring completes buyout of Thai mutual fund firm ThanachartBharath KumarJanuary 3, 2020January 7, 2020 by Bharath KumarJanuary 3, 2020January 7, 2020 Eastspring emerges as Thailand’s fourth biggest asset manager with a market share of 12 percent and overall assets under management of THB653 billion.... Read more
FinanceSaudi Arabia’s $1.07 bn Jada fund of funds to support SMEs, startupsInternational Finance DeskDecember 19, 2019 by International Finance DeskDecember 19, 2019 Saudi Arabia’s Public Investment fund has launched Jada to invest in venture capital funds, private equity funds and to support SMEs... Read more
FinanceQi Card transforms Iraq’s financial system using electronic paymentsInternational Finance DeskDecember 19, 2019January 7, 2020 by International Finance DeskDecember 19, 2019January 7, 2020 Qi Card aims to provide identity management to government and citizens in a fast and secure manner... Read more