Deutsche Bank plans further consolidation, to close branches in Europe
Germany-based lender Deutsche Bank is planning further consolidation of its operations and mulls closing its branches in Italy and Spain...
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FINTECHTOP STORIESOCTOBER 4, 2021Ajiab-unicorn-GBO-imageIndonesian investment platform Ajaib rais
Indonesian investment platform Ajaib raises $153 mn to expand its product development and engineering capabilities The funding round led...
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Germany commits €100 mn investment for renewable energy in Africa
d The German government recently announced that they will contribute €100 million to the African Development Bank’s Sustainable Energy...
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Islamic banking sector in Turkey set for quick expansion
Since 2014, the Turkey has established three new government-controlled Islamic banks that have widened financial access and increased...
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IMF calls upon Kuwait to speed up reforms, levy taxes
Ever since crude prices plunged in mid-2014, Kuwait has been severely affected as the country relies hugely on oil for nearly 90 percent...
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Morgan Stanley introduces CashPlus account for its affluent clients
Possessing a CashPlus account at Morgan Stanley enables the clients to have a hassle-free banking experience that is crafted to cater...
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ADIO pumps in $16 billion into futuristic Abu Dhabi tech startups
The Abu Dhabi startups are sponsored by ADIO’s Ventures Fund, a project of the Abu Dhabi Government’s Ghadan 21 accelerator scheme. The...
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Ericsson involved in seven 5G launch deals in MEA region last year
The Swedish mobile networking giant signed 78 commercial 5G treaties with innovative operators, with the Middle East and Africa region...
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Hartree Partners’s green venture to supply low-carbon energy in the UK
The venture seeks to finance and build renewable power generation Hartree Partners has launched a green venture to supply low-carbon...
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ADIO pumps in $16 billion into futuristic Abu Dhabi tech startups
The Abu Dhabi startups are sponsored by ADIO’s Ventures Fund, a project of the Abu Dhabi Government’s Ghadan 21 accelerator scheme. The...
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Ericsson involved in seven 5G launch deals in MEA region last year
The Swedish mobile networking giant signed 78 commercial 5G treaties with innovative operators, with the Middle East and Africa region...
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Hartree Partners’s green venture to supply low-carbon energy in the UK
The venture seeks to finance and build renewable power generation Hartree Partners has launched a green venture to supply low-carbon...
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Progentec Diagnostics and Karate Health Announce Merger to Further Develop Comprehensive Autoimmune
Progentec Diagnostics, Inc. and Karate Health, Inc. announced today that they have merged, offering laboratory testing and digital...
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Convergint Technologies Expands European Service Footprint With Acquisition Of Real Connect In Luxem
Convergint Technologies, a worldwide leader in service-based systems integration, today announced the acquisition of security systems...
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Singapore’s GIC acquires stake in Myanmar’s Yoma Bank
In latest investing round, GIC and Norway’s Norfund AS will purchase around 30 percent of the business for $88.7 million. GIC Private...
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BIS says more central banks may seek to launch their own digital currencie
According to the BIS study, around 20 percent of the 66 central banks will probably launch their exclusive digital currencies in the next...
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Foreign net selling reaches RM1.04 bn in a week on Bursa Malaysia
MIDF Research’s Adam M Rahim told the media that, “Sentiment was partially dampened by China’s retaliation towards President Trump’s...
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Barclays to slash 100 senior jobs in corporate and investment business
Barclays plans to slash 100 senior jobs, mainly in trading roles across its corporate and investment business to save costs, media...
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Gojek invests in LinkAja to bolster digital ecosystem
Gojek has invested in Indonesia’s inter-bank network LinkAja to expand Indonesia’s digital space. Gojek has invested in Indonesia’s...
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Cambridge Associates to establish new office in Asia
Cambridge Associates, a Boston-based firm, plans to establish an office in Hong Kong. The office will be led by Edwina Ho from UK...
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