Real EstateDubai real estate sees completion of 14000 residential units in H12020Pritam BordoloiAugust 21, 2020 by Pritam BordoloiAugust 21, 2020 That’s about 30% of the units scheduled to be handed over this year... Read more
Banking and FinanceFeaturedNotable shift in digital payments is observed: ResearchInternational Finance Business DeskAugust 20, 2020 by International Finance Business DeskAugust 20, 2020 A new report from payments company Square found that fewer than one in four payments are being made in cash in the UK... Read more
HealthcareChina’s JD Health secures $830 mn from Hillhouse CapitalPritam BordoloiAugust 20, 2020 by Pritam BordoloiAugust 20, 2020 The deal is expected to close in the third quarter... Read more
BankingFeaturedFamily Bank records Sh638.5 mn in profits during H1 2020International Finance Business DeskAugust 19, 2020 by International Finance Business DeskAugust 19, 2020 The bank is closely working with county governments to assist those affected by the pandemic... Read more
Banking and FinanceFeaturedCo-op Bank restructures loans worth Sh39.2 bn to support distressed clientsInternational Finance Business DeskAugust 14, 2020 by International Finance Business DeskAugust 14, 2020 The revenue streams of several businesses have been severely impacted by the protracted pandemic... Read more
Banking and FinanceFeaturedKepsa, Mastercard Foundation to loan to 400 MSMEsInternational Finance Business DeskAugust 14, 2020 by International Finance Business DeskAugust 14, 2020 Both organisations have established a fund which will provide financial aid to MSMEs largely affected by the pandemic... Read more
BankingFeaturedDTB Kenya to receive Sh5.4 bn loan from IFCInternational Finance Business DeskAugust 13, 2020 by International Finance Business DeskAugust 13, 2020 The loan will help the bank to finance SMEs that are largely affected by the protracted pandemic... Read more
TechnologyGrab raises $200 mn from Seoul-based Stic InvestmentPritam BordoloiAugust 4, 2020August 5, 2020 by Pritam BordoloiAugust 4, 2020August 5, 2020 So far Grab has raised $9.9 bn in separate funding rounds... Read more
BankingFeaturedMonzo reports post-tax loss of £113.8 mn; operations affected by pandemicInternational Finance Business DeskAugust 3, 2020 by International Finance Business DeskAugust 3, 2020 The neobank’s investments in US expansion, hiring and marketing have impacted its performance growth... Read more
EconomyFeaturedVietnam’s economy to grow by 2.8% despite Covid-19: World BankPritam BordoloiJuly 31, 2020 by Pritam BordoloiJuly 31, 2020 The economy will grow by 6.8% in 2021... Read more