Uncategorized Archives - Page 5 of 8

Oman SME Summit 2015: Opportunities galore

International Finance DeskSeptember 21, 2016

by International Finance DeskSeptember 21, 2016

As the Gulf nation presses ahead with diversifying its oil-dependent economy, be there on September 13-14 to see what’s in it for you In today’s fast-paced and dynamic market environment, SMEs undoubtedly play a vital role. Though the term needs no explanation, for the sake of clarity, Small and Medium-sized Enterprises (SMEs) are non-subsidiary, independent...

Bangladesh: Immense potential marred by infrastructural inadequacies

International Finance DeskSeptember 17, 2016

by International Finance DeskSeptember 17, 2016

NDB Capital says the country needs to ensure adequate participation from all classes of investors in order to sustain its healthy growth trajectory Feb12,2015:Bangladesh, considered by many to be the rising star of South Asia, has shown resilient macro-economic performance even during the global economic crises of the recent past. Unlike comparable developing countries, it has...

Scottish independence: Financial sector faces hard decisions

International Finance DeskSeptember 16, 2016

by International Finance DeskSeptember 16, 2016

Issue blows up after Royal Bank of Scotland releases statement saying it would be “necessary to re-domicile the bank’s holding company” Tim Evershed September 15, 2014: As the Scottish referendum on independence enters its final phase, the campaigns have heated up while the polls have narrowed, which has seen the country’s financial institutions climb off...

Jumio secures $15 million financing round

International Finance DeskSeptember 1, 2016

by International Finance DeskSeptember 1, 2016

Company to aggressively accelerate product development, sales and international expansion September 1, 2016: Jumio, the leading digital ID verification company,announced it has secured $15 million in financing from Centana Growth Partners LP and Millennium Technology Value Partners. The financing adds Millennium to Jumio’s investors and board. The investment will enable Jumio to extend its leadership...

Spain’s recovery gathering pace

International Finance DeskAugust 16, 2016

by International Finance DeskAugust 16, 2016

According to INE, the economy expanded by 0.6% QoQ (+1.2% YoY) in the second quarter August 28, 2014: Spain’s economic recovery has continued to gather pace. According to a second estimate by INE, the Spanish economy expanded by 0.6% QoQ (+1.2% YoY) in the second quarter, in line with the earlier “flash” estimate. This is...

Tata Steel to halt sale of UK assets

International Finance DeskJuly 11, 2016

by International Finance DeskJuly 11, 2016

Brexit has led to lot of uncertainty IFM Correspondent July 11, 2016: Tata Steel has put on hold its plan to sell its UK assets in the wake of Brexit and the uncertainty surrounding rules and regulations. The company is planning to postpone the sale until clarity emerges in UK regarding new rules. The board...

Mario Ricciardi appointed as managing director for Creechurch Capital

International Finance DeskJuly 4, 2016

by International Finance DeskJuly 4, 2016

Company looks to expand both locally as well as internationally July 4, 2016: Creechurch Capital, the discretionary fund management house, has appointed Mario Ricciardi as its managing director. With more than five years of significant growth since its inception in 2010, Creechurch Capital is entering the next phase of progress, bringing in Ricciardi to head...

Blackburn tops money transfer league in UK

International Finance DeskJune 14, 2016

by International Finance DeskJune 14, 2016

Xpress Money highlights the most popular money transfer corridors in and out of the UK June 14, 2016: Blackburn is the money transfer capital of the UK, according to data from global money transfer experts Xpress Money. The company analysed transactions from thousands of UK customers over one month in 2016. Over double the amount...

Delegation from Panama to meet OECD

International Finance DeskMay 18, 2016

by International Finance DeskMay 18, 2016

Will discuss strengthened collaboration on financial transparency May 18, 2016: As part of President Juan Carlos Varela administration’s ongoing commitment to financial transparency, a delegation of government officials from Panama will travel to Paris this week to meet with members of the OECD to discuss various issues related to financial transparency. The visit follows an...

Nexus Group gets new head of general insurance

International Finance DeskMay 10, 2016

by International Finance DeskMay 10, 2016

Appoints Philip Ashkuri; serving GCC insurance remains a priority May 10, 2016: Leading insurance broker, Nexus Group, has appointed Philip Ashkuri as the Head of General Insurance, Commercial and Personal Lines, for the GCC region. With nearly three decades in the general insurance industry, Ashkuri has extensive experience and widespread knowledge of the global and...