Kenya Re to set up re-takaful unit in Egypt in 2021
The insurer increased its cash reserves through issuance of 2.099 billion of new shares...
Tag : blockchain
People’s Bank of China gets $7.4 mn for blockchain trade platform
The funds will be used for research and development projects...
Arival Bank applies for a digital banking licence in Singapore
The bank is also in the process of applying for a full service virtual banking licence in Lithuania...
National Bank of Fujairah and Ripple to facilitate cross border payments
The UAE-based bank will use RippleNet to facilitate remittance payments to India through Indus Ind Bank...
DBS, OCBC adopt blockchain in trade finance to boost digitalisation
The Singaporean banks issued their first electronic banker's guarantee on the Singapore Customs Electronic Banker's Guarantee Programme...
Global carriers, port operators plan to launch shipping blockchain network
Carriers such as DP World, PSA, COSCO plan to launch the Global Shipping Business Network...
Banks will seek blockchain adoption in next three to five years
JP Morgan in its report notes that blockchain is vital to fast payments and digital currency...
Dubai to establish tax-free Crypto Valley to enhance business landscape
The DMCC Crypto Valley is in line with the UAE Blockchain Strategy 2021...
Dubai to launch blockchain platform for instant bank account facility
In order to do so, Dubai has set up a blockchain consortium consisting of six UAE banks...
Egypt’s National Bank joins Ripple’s blockchain for faster remittances
The National Bank of Egypt signed an agreement to use Ripple’s global blockchain platform called RippleNet...