News

Japan Strategizes at Reducing Greenhouse Gas Emission

Japan will lay out a “green growth strategy” that includes a goal to replace gasoline-powered vehicles…

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…

Aldar Properties to Divest its District Cooling Assets

Sale will be worth Dhs963m, while the transaction is expected to be completed in Q1 2021,…

Real Estate Investment Platform Stake Launches in UAE

Stake, facilitating a simple, affordable way for users to invest in income generating properties, has been…

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…

Saudi Arabia has Discovered Four New Oil and Gas Fields

Discoveries were made by Saudi Aramco in different parts of the country. Non-conventional oil has been…

Airbus is World’s Largest Jet maker for the Second Year in a Row

Barring widespread new travel upheaval, industry sources expect Airbus to deliver 550-560 planes in 2020 after…

Transnet Hit its First Half-Year Headline Loss

Group swung to a headline loss of R3 billion for the six months ending September 2020,…