Debt surged to a record $258 trillion in the first quarter of 2020 as economies around…
Category: Editor’s Pick
Kuwait in a Budget Crunch
A deficit that could reach 40% of its economy this year, and unable to borrow due…
Asia Pacific’s Evolving Digital Banking Landscape
The concept of digital banks was first developed in Europe where it radically challenged and transformed…
Bupa Arabia Wins Best Life Insurance Award and Listed First on the Saudi Market
Bupa Arabia has emerged as a winner at the 3rd Annual Cosmopolitan The Daily Business Awards…
Looking Back and Ahead of What is Expected in Pandemic Insurance
One of the challenges of developing this market, aside from managing accumulation risk, has been the…
Tipping Point in Oil Demand
COVID19 pandemic drove down daily crude consumption by as much as a third earlier this year,…
Global Banks Shift Away From Hong Kong for Expansion into Taiwan
U.S. securities firms are considering an expansion in Taiwan while other international banks plan to start…
Reliance Industries Ltd Become World’s Largest Energy Company
As investors piled into the conglomerate lured by the Indian firm’s digital and retail forays, Reliance…
Algerian Economy Contracts
Algeria’s economy contracted 3.9% in the first quarter this year after a 1.3% growth in the…
Second Lockdown Batters Kazakhstan Economy
The National Bank of Kazakhstan cut the base rate by 50 basis points to 9%. Central…