China’s digital yuan could be the future of money
A digital currency will allow China to track spending in real-time, along with the money that is not linked to the dollar, which has become the yardstick of financial measurement...
Tag : Finance
Leading by example: Fintechs to set benchmarks for financial market players
Fintechs are used to challenging – as well as being challenged by – the status quo...
Oman’s GDP is projected to grow by 2.5%: IMF
The International Monetary Fund said the Sultanate’s overall GDP is projected to grow around 2.5% in 2021...
HSBC signs blockchain-based KYC data sharing coalition in the UAE
HSBC is the first foreign bank to join UAE KYC has become the fourth founding member...
Qatar International Islamic Bank mulls 100% foreign ownership
At present, foreign investors hold 49% shares at the Qatar International Islamic Bank...
Singapore economy to grow by 6.1% in 2021: AMRO
After a 5.4% contraction in the economy in 2020, Singapore’s economy is rebounding stronger...
Indonesia lists three sukuk valued at $3 bn on NASDAQ Dubai to fund socio-economic development
The listing comes with a 10-year issuance of $1.25 bn and two issuances of $750 mm each, bringing Indonesia’s total value of listed sukuk to $19.75 bn...
JP Morgan asset management launches growth equity platform
The financial firm launched JP Morgan private capital and announced two new managing partners; Christopher Dawe and Osei Van Horne...
UNObank and Tonik receive digital banking licenses in the Philippines
With their new digital banking license, the banks aim to bridge the financial inclusion gap in the region...
Indonesian fintech company Amartha raises $7.5 mn from Norfund
These funds will be used to support environment-friendly business and to fund loans for women micro-entrepreneurs in Indonesia’s rural areas...