FeaturedPorts and ShippingKPA offers extension period for free storage of cargo containersInternational Finance Business DeskMay 19, 2020May 19, 2020 by International Finance Business DeskMay 19, 2020May 19, 2020 Importers and exporters will face charges ranging between $30 and $90 per day for cargo at the port beyond the extension period... Read more
FeaturedFintechUK fintechs might have lost up £1.4 bn in investmentsInternational Finance Business DeskMay 15, 2020May 15, 2020 by International Finance Business DeskMay 15, 2020May 15, 2020 A study conducted by Qadre and techUK shows that 59% of fintech founders in the country have lost investment opportunities... Read more
FeaturedOil & GasBrooge Petroleum leases six oil tanks in the UAE to TotalInternational Finance Business DeskMay 15, 2020May 15, 2020 by International Finance Business DeskMay 15, 2020May 15, 2020 The lease will be for a period of six months, with a potential to renew for another six months... Read more
FeaturedInsuranceUK watchdog seeks to clarify insurance claims for disrupted businessesInternational Finance Business DeskMay 13, 2020 by International Finance Business DeskMay 13, 2020 FCA has informed all insurers in the country to assess whether they should be providing partial policy refunds for businesses... Read more
AviationFeaturedColombian airlines Avianca files for bankruptcyInternational Finance Business DeskMay 11, 2020May 11, 2020 by International Finance Business DeskMay 11, 2020May 11, 2020 More than 80% of Avianca's income has been affected by the pandemic... Read more
BankingFeaturedNigeria suspends layoffs for banks despite difficult timesInternational Finance Business DeskMay 7, 2020May 7, 2020 by International Finance Business DeskMay 7, 2020May 7, 2020 Commercial lenders will have to seek approval from the central bank to implement job cuts... Read more
ExclusiveHealthcareThe pandemic pushes medtechs to build sustainable healthcare in the UKInternational Finance Business DeskApril 28, 2020April 28, 2020 by International Finance Business DeskApril 28, 2020April 28, 2020 IW Capital has invested £2 million in GPDQ to boost healthcare provisions on the back of rising patient demand... Read more
FeaturedHealthcareNHS, private health insurers offer enhanced policies, quick treatment accessInternational Finance Business DeskApril 22, 2020 by International Finance Business DeskApril 22, 2020 A few private medical insurers are extracting existing NHS cash benefits to help Covid-19 patients, while others are building more benefits to their existing policies for all patients... Read more
FeaturedFinanceIMF executive board approves debt service relief to 25 poor countriesInternational Finance Business DeskApril 15, 2020 by International Finance Business DeskApril 15, 2020 These countries are most vulnerable to debt and come under the IMF's revised Catastrophe Containment and Relief Trust... Read more
FeaturedOil & GasSaudi’s oil revenue anticipated to drop $38.5 billionInternational Finance Business DeskApril 14, 2020 by International Finance Business DeskApril 14, 2020 The rate of oil production might improve during the period between July and December 2020... Read more