Covid-19 pandemic has sent the global economy into one of its worst recessions ever, and it…
Category: Finance
FinCEN Proposes Reporting, Recordkeeping and Identity verification in Cryptocurrency Transactions
US Treasury agency, has proposed the introduction of new reporting, recordkeeping and identity verification requirements for…
Last Virtual Bank Open in Hong Kong
Fusion Bank has announced the full public launch of its banking services in Hong Kong, making…
First Abu Dhabi Bank (FAB) Opens in Indonesia
FAB Indonesia will serve as a bridge to facilitate trade and investment flows between the UAE,…
Investcorp to Expand its Private-Credit and Special-Opportunities Platforms
Investcorp took a passive minority position in private equity firm Centre Lane Partners, the latest investment…
Cryptocurrency Indices to be Launched in 2021
S&P DJI-branded products will use data from New York-based virtual currency company Lukka on more than…
Emirate’s External Trade with Bahrain Grows 170 per cent
First half of 2020, trade between Dubai and Bahrain amounted to Dhs5.37bn. Imports accounted for the…
Eurosystem’s TARGET Services to Include Danish Krone
The Eurosystem’s new real-time gross settlement system (RTGS). T2 would then include the Danish krone by…
Targeted Lending Operations by European Central Bank
Extension of the pandemic-related low interest rate period, the addition of three more operations and the…
Impact Investing Fund Focused on High Growth Companies
Alitheia Capital focuses on channeling capital into businesses that enhance access to essential goods and services…