EconomyFeaturedIndonesian parliament decides to increase VAT next yearIFM CorrespondentOctober 7, 2021October 7, 2021 by IFM CorrespondentOctober 7, 2021October 7, 2021 The new tax overhaul bill could lead to a new carbon tax and cancellation of a planned corporate tax cut... Read more
AviationFeaturedGlobal aviation industry could lose $201 bn between 2020-22: IATAIFM CorrespondentOctober 5, 2021 by IFM CorrespondentOctober 5, 2021 Total passenger numbers to reach 2.3 bn in 2021 and 3.4 bn in 2022... Read more
EconomyFeaturedBahrain mulling on increasing value-added tax to 10%IFM CorrespondentSeptember 27, 2021 by IFM CorrespondentSeptember 27, 2021 This move will help the government to boost revenues and curb deficits... Read more
AviationFeaturedEuropean carriers optimistic as US relaxes European travel banIFM CorrespondentSeptember 22, 2021 by IFM CorrespondentSeptember 22, 2021 Carriers have already seen a surge in booking since the relaxation... Read more
ExclusiveFinanceCash is no longer the most-favoured mode of payment in GermanyIFM CorrespondentSeptember 17, 2021 by IFM CorrespondentSeptember 17, 2021 Contactless payment increased by nearly 40% since the pandemic... Read more
EconomyFeaturedNigerian economy to grow by 3% in 2021: Central Bank governorWebAdminSeptember 15, 2021 by WebAdminSeptember 15, 2021 This announcement comes after lockdown measures were eased and vaccination was increased, leading to a boost in travel and tourism... Read more
EconomyFeaturedSaudi Arabia non-oil export reached $6.2 bn in 2021WebAdminAugust 30, 2021 by WebAdminAugust 30, 2021 Compared to 2020, the exports went up by 40% in 2021... Read more
FeaturedHealthcareLondon-based healthtech Abtrace raises £2.1 mn to enhance tech capabilitiesWebAdminAugust 30, 2021 by WebAdminAugust 30, 2021 Lisbon-based venture capital fund Faber led the funding round for Abtrace... Read more
EconomyFeaturedIFC invests $10.4 bn in the private sector of MENAWebAdminAugust 25, 2021 by WebAdminAugust 25, 2021 The funds will help thousands of small businesses gain access to finances, trading, and partnership... Read more
FeaturedHealthcarePfizer to buy remaining shares of Trillium Therapeutics for $2.26 bnWebAdminAugust 24, 2021 by WebAdminAugust 24, 2021 Pfizer will buy the shares for $18.50 a piece, representing a 203.8% premium... Read more