International Finance

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Economy

Investment agreement signed for TAPI pipeline

It exemplifies ADB’s role in promoting regional cooperation April 13, 2016: The shareholders of the TAPI Pipeline Company Limited (TPCL) signed an Investment Agreement in a ceremony witnessed by petroleum ministers and senior government officials of Turkmenistan, Afghanistan, Pakistan and India, and senior Asian Development Bank (ADB) officials. It will pave the way for long-term...
Fintech

IBM and SAP announce plans for major investments

Move will drive clients’ digital transformation April 7, 2016: IBM and SAP SE announced plans across both companies to drive the modernisation of clients’ systems and processes and accelerate them into the digital economy. Specifically, the companies plan to co-innovate solutions that increase customer value through cognitive extensions, enhanced customer and user experiences and industry-specific functionality. The...
FinanceWealth Management

10 questions to ask when choosing a financial adviser

Not only should an IFA help clients generate, maximise and secure wealth, they should also be considered a trusted financial mentor over the long-term Nigel Green April 5, 2016: It is almost universally acknowledged that the most effective way for individuals to achieve their long-term financial goals is to seek the help of an independent...
Fintech

Money2020 Europe: Saxo Payments launches industry white paper

63% of payments-related businesses dissatisfied with speed of cross border payments April 5, 2016: Saxo Payments, the global transactions services provider launched a white paper revealing the results of exclusive research into the cross border payments industry. Those surveyed included issuers, acquirers and PSPs as well as merchants, for a rounded view of the market,...
Fintech

Menacorp is DFM’s top brokerage firm for Q1 of 2016

UAE’s leading financial services firm has maintained top position since 2013 April  4, 2016 – Menacorp, the UAE’s leading financial services firm, has touched another milestone after securing the top ranking position on the Dubai Financial Market (DFM) in terms of trade value and market share for the first quarter of 2016.  Menacorp has maintained...
FinanceIslamic Banking

Oman’s appetite for Islamic finance products is growing

Islamic banking assets in the Gulf nation are projected to reach 10% of total banking assets by 2018 Camille Paldi March 31, 2016: In the Oman Vision 2020 framework issued by the government, the country proclaimed that it is determined to reduce its dependency on oil revenues through diversification of the economy. Al Maha Financial...
Fintech

Startups opting for co-working spaces

The concept is catching up in India Suparna Goswami Bhattacharya March 28, 2016: For a long time Nitesh Gupta, who resides in India’s startup capital Bengaluru, was in fix as to what to do with the big ancestral house that he owned in one of the hotspots in the city. Though he converted the house...
Business Leaders

The best places to work in Asia

Most of the companies are located in Australia followed by India IFM Correspondent March 24, 2016: Freight company DHL beat Google and SAP to be the best company to work in Asia under the MNC category, according to a survey by Great Place to Work, which conducts research on the characteristics of great workplaces. Australia-based...
Fintech

Youzu acquires Bigpoint; 30m to market new game Hocus Puzzle

Acquisition will create significant market share for the joint entity in over 200 countries March 23, 2016 – Bigpoint GMBH, a global leader in free-to-play online and mobile gaming publishing announced that an agreement has been reached for the acquisition of Bigpoint GMBH by Youzu Interactive Co, Ltd. Subject to Chinese acquisition processes, the transaction is due...