Latam payments firm EBANX expands into Mexico
EBANX is offering Mexican companies to expand their operations within the national territory
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Egypt financial minister targeting 5.7% growth in 2022-23
Mohamed Maait said that this target would surpass the country’s pre-pandemic growth levels of 5.6%
PayPal plans to launch its own stablecoin backed by the US dollar
It is expected to be called the PayPal coin
Bank of Tanzania payments system to launch in February 2022
The system was intended to roll out in December 2021 but was delayed due to an upgrade
IMF tells emerging markets to prepare for turbulence
The US federal policy is tightening could create disruptions in financial markets, that might lead to currency depreciation
South Africa-based internet provider Isizwe raises $460k from the Global Innovation Fund
Isizwe is targeting the townships and informal settlements where it will provide low-cost, pay-per-use Wi-Fi access
Alpha Dhabi raises 30% stake in Aldar Properties
Alpha Dhabi Holding (ADH) has announced the acquisition of an additional 17% shareholding of Aldar Properties
América Móvil to bring 5G services in Brazil
The telco also launched a very limited 5G service in the city of Sao Paulo
The real estate market in Saudi Arabia fell by 9.1% in Q4 2021
The segments of the real estate market along with the residential sector transactions declining by 4%
Video-conferencing platform Zoom joins the tech industry counterterrorism
The counterterrorism unit is formed by major US technology companies like Meta and Microsoft