BankingFeaturedBanks will seek blockchain adoption in next three to five yearsInternational FinanceFebruary 25, 2020March 18, 2020 by International FinanceFebruary 25, 2020March 18, 2020 JP Morgan in its report notes that blockchain is vital to fast payments and digital currency... Read more
FeaturedTechnologySE Asia ride hailing giants Grab and Gojek hold merger talksPritam BordoloiFebruary 25, 2020 by Pritam BordoloiFebruary 25, 2020 Reportedly, Gojek wants a 50% stake in the new entity; however, Grab wants to hold a controlling stake... Read more
FeaturedTechnologyUAE-based telco Etisalat acquires German cybersecurity firm Help AGPritam BordoloiFebruary 24, 2020 by Pritam BordoloiFebruary 24, 2020 Help AG acquisition will help Etisalat to protect its cloud, IoT, AI and big data line of business against sophisticated cyber threats... Read more
CurrencyFeaturedCoronavirus epidemic could speed up the launch of digital yuanPritam BordoloiFebruary 21, 2020 by Pritam BordoloiFebruary 21, 2020 Government has seized and quarantined old paper notes to prevent the spread of virus... Read more
ExclusiveTechnologyMore Saudi CEOs consider cybersecurity risks the greatest threat to businessInternational FinanceFebruary 21, 2020March 18, 2020 by International FinanceFebruary 21, 2020March 18, 2020 Six out of 10 CEOs in the Kingdom feel they are now prepared for a cyberattack in the future... Read more
FeaturedTelecomSafaricom might award contract to Huawei for its 5G rollout this yearInternational FinanceFebruary 21, 2020March 18, 2020 by International FinanceFebruary 21, 2020March 18, 2020 Safaricom involving Huawei in its 5G network could hinder talks on a free trade agreement between the US and Kenya... Read more
FeaturedTechnologyDubai to establish tax-free Crypto Valley to enhance business landscapeInternational FinanceFebruary 20, 2020March 18, 2020 by International FinanceFebruary 20, 2020March 18, 2020 The DMCC Crypto Valley is in line with the UAE Blockchain Strategy 2021... Read more
FeaturedTechnologyDubai to launch blockchain platform for instant bank account facilityPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 In order to do so, Dubai has set up a blockchain consortium consisting of six UAE banks... Read more
FeaturedFintechBahrain’s GFH acquires 70% stake in Dubai fintech MarshalPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%... Read more
FeaturedTechnologyMUFG to invest over $700 mn in Singapore’s GrabPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 Both parties will jointly develop financial services such as insurance which will be available on Grab’s app... Read more