Zimbabwe Bans Mobile Money

Reserve Bank of Zimbabwe (RBZ) threatened to embark on an unusual exercise. It sought to pursue…

UOB’s BizSmart, a Platform of Digital Business Management Solutions

The company gained traction last year with 40% increase in sign-ups and the bank’s suite of…

Profitability and Innovation has enabled WeBank Registers Strong Profits

WeBank emerged as a leading player in the region in terms of scale, profitability and execution…

Saudi Arabia Exempts Property Deals from Value Added Tax

New tax of 5 per cent, the Real Estate Transaction Tax will be levied though on…

Sawaeed Holding Lists its Shares on the Abu Dhabi Securities Exchange

Company’s nominal value of share capital is Dhs51.1m, with each share having a nominal value of…

Brazil and the United States Sign Memorandum to Forge Closer Trade Links

A step that could see U.S. Export-Import Bank finance up to US$1 billion of exports to…

AI Capabilities for Asset Management Applications

Artificial intelligence (AI) is rapidly being adopted across the financial landscape. In asset management, applications of…

Munich Re has Booked Loses in its Reinsurance Unit

The company is now expecting a quarterly profit of about €200 million, attributed to “good performance…

Economic Recovery Risks Losing Momentum

Second wave of the pandemic in Europe, notably in France, and the resulting new restrictions are…

Standard Bank Group Ltd to Scale-Up Operations Towards Digitization

Africa’s largest lender by assets, is planning to scale-up some of its operations on the continent…