Banking and Finance FeaturedKepsa, 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
Banking FeaturedDTB 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
Banking FeaturedMonzo 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
Economy FeaturedVietnam’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
Featured HealthcareIFC’s new $4 bn initiative to strengthen healthcare production and supplyInternational Finance Business DeskJuly 30, 2020 by International Finance Business DeskJuly 30, 2020 The initiative is largely directed toward private sector projects which comprise manufacturing of sophisticated medical devices and vaccines... Read more
Economy MagazineIs the Philippines prepared for the Covid-19 recession?WebAdminJuly 22, 2020July 24, 2020 by WebAdminJuly 22, 2020July 24, 2020 The pandemic has steamrolled the country by forcing it into a recession — a first in 20 years... Read more
coverstory MagazineWhat the pandemic means for Saudi banksWebAdminJuly 22, 2020July 23, 2020 by WebAdminJuly 22, 2020July 23, 2020 SAMA has injected $13.3 billion capital into the banking industry in the wake of economic challenges... Read more
Featured Real EstateAfrica sees 40% of office real estate deals stalledInternational Finance Business DeskJuly 15, 2020 by International Finance Business DeskJuly 15, 2020 Africa's real estate market remains vulnerable in the midst of the pandemic, according to Knight Frank research... Read more
Featured Real EstateDubai’s real estate transaction in June signals a V-shaped recoveryPritam BordoloiJuly 10, 2020July 10, 2020 by Pritam BordoloiJuly 10, 2020July 10, 2020 Real estate sale transactions in Dubai jumped by 60% m-n-m in June... Read more