Standard Chartered, DBS successfully test blockchain trade finance platform
The platform is expected to assist banks fight fraud in lending and commodity trade space
Home
Page 284
Japan’s NEC to take over Avaloq for $2.2 billion
NEC, Japan’s IT major will take over Avaloq, a Warburg Pincus-backed software company for $2.2 billion, media reports said. The acquisition marks a push for
Bahrain sets new radio communication rules to attract foreign investors
The national frequency plan is the first of its kind for Bahrain and the Middle East
SAL Heavy Lift acquires majority stake in Intermarine
Intermarine will be operated as an independent brand within SAL Heavy Lift
Singapore’s Xfers launch country’s first XSGD stablecoin
Xfers will be Singapore’s first-ever national currency-denominated tokens
FuelLNG bolsters development for Singapore’s first ever LNG bunkering vessel
The LBV is manufactured and designed by Keppel O&M
Your.MD raise funds worth €25mn for new developments
Your.MD has witnessed a 350 percent surge in its overall users in the past 12 months
Unicaja and Liberbank holds informal talks to establish $117.13 billion lender
The deal will see combined market value of around 1.7 billion euros by both banks
UAE sees surge in high net worth individuals
Dubai recorded the highest with 49,500 millionaires, 2,300 multimillionaires and nine billionaires
Saudi Aramco, Sumitomo Chemical lend $2bn loan to bolster JV’s working capital
Sumitomo Chemical will provide 37.5 percent of the loan