Saudi Oil Giant Aramco Set to Acquire 2.1 Billion SABIC Shares
Saudi Arabia’s Aramco has implemented the acquisition of 70% stake in Saudi Basic Industries Corp. (SABIC), the petrochemical giant ...
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Cathay Pacific to Receive $5 Billion Rescue Package from Hong Kong Government
Hong Kong’s flagship carrier Cathay Pacific Airways Ltd., announced on Tuesday a recapitalization plan worth HK$39 ...
Singapore Central Bank Clears Air Around Foreign Currency Deposits
The Monetary Authority of Singapore (MAS) reported of strong financial growth in foreign currency deposits on ...
UAE lender ADIB goes digital for Islamic Finance transactions
In the wake of the coronavirus pandemic, Abu Dhabi Islamic Bank (ADIB), a leading financial institution ...
Singapore FinTech association and Razer FinTech collab, invest up to $2.1m on finTech firms
In a collaboration to address financial concerns for fintech firms, the Singapore FinTech association (SFA) and ...
Oman Insurance expedites claims payments for medical providers
Despite burdened financial tightness, Oman Insurance Company (OIC) has announced to actively speed up claims payments on hospitals. OIC has already initiated and moved ...
China trims $56 billion to shore up the economy
Amidst the Covid-19 pandemic, as governments scramble to save economics, People’s Bank of China frees up $56 billion (400 ...
Coronavirus: Jobs and Stocks Falter as Covid-19 Roars Across Philippines
With over 800 coronavirus cases and an extension of a month-long lockdown in the capital, Philippines ...
Britain’s Phoenix is all set to own Swiss Re’s ReAssure worth $4.1 billion
Phoenix Group, the largest life and pensions consolidator in Europe is all set to buy the ...
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