House prices across UK rise due to supply crunch
Property listing platform Rightmove has noted that the current increase in prices is the highest monthly increment in the last 20 years.
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Lean raises $33 mn to build fintech infrastructure in the Middle East
This deal is Sequoia’s first investment in the Gulf region
Huawei partners with Curve for mobile payments
Huawei users in Europe can now use Curve Pay to make mobile payments
UK Government proposes new cyber attack laws
This move is a part of a £2.6 billion National Cyber Strategy and comes after high profile cyber-attacks
Gulf economies poised to grow faster in 2022
Saudi Arabia was projected to grow 5.7%, followed by Kuwait and the UAE growing by 5.3% and 4.8% respectively
Singapore banks announce new measures to tackle phishing scams
Banks will remove clickable links in email and text messages sent to retail customers
Google hires PayPal executive to expand crypto footprint
Google has hired Arnold Goldberg to help reset ambitions for banking and payments
Turkey and UAE Central banks sign currency swap agreement of $5 bn
The deal plans to promote bilateral trade and financial cooperation
Aldar unveils $490 mn sustainable city project in Abu Dhabi
The construction of the 864-unit development will begin the fourth quarter
Dubai’s Emirates suspends some flights to the US over 5G concerns
Emirates will switch to the larger aircraft for Los Angeles and New York but keep flying the 777 to Washington