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 businessBharath KumarFebruary 21, 2020March 18, 2020 by Bharath KumarFebruary 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 yearBharath KumarFebruary 21, 2020March 18, 2020 by Bharath KumarFebruary 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 landscapeBharath KumarFebruary 20, 2020March 18, 2020 by Bharath KumarFebruary 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
BankingFeaturedSoftBank targets Latin America with additional $1 billion fundBharath KumarFebruary 17, 2020March 18, 2020 by Bharath KumarFebruary 17, 2020March 18, 2020 SoftBank will target ecommerce, healthcare, fintech, mobility and insurance startups in the region... Read more
FeaturedTechnologyBinance applies for operating licence in Singapore under new legislationBharath KumarFebruary 17, 2020March 18, 2020 by Bharath KumarFebruary 17, 2020March 18, 2020 The crypto operator has an office set up in Singapore and is backed by Temasek... Read more
FeaturedTradingCGS-CIMB launches online stock trading platform for retail investorsPritam BordoloiFebruary 15, 2020February 14, 2020 by Pritam BordoloiFebruary 15, 2020February 14, 2020 The online trading platform, called iTrade, is also designed to attract students in Indonesia... Read more