High oil demand might dampen recovery: OPEC
The regulatory body expects oil demand to average 99.49 million barrels per day in Q4 2021
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Singapore’s TSLC raises $25 mn to expand its digital lending operations
The fintech startup also aims to launch its mobile-first credit-led platform in the Middle East
Lori Systems has partnered with Moove to propel vehicle financing in Africa
Truck financing in Africa is less than 1%
Mashreq Bank and US regulator reaches a $100 mn settlement
US regulator DFS determined that Mashreq's OFAC compliance program is enough
UK BNPL firm Zilch eyes US expansion after $110 mn funding
The funding round was led by Ventura Capital and Gauss Venture and it comes eight months after a Series B at a $500 million valuation
Dubai Financial Market appoints new CEO
Hamed Ahmed Ali’s appointment comes as a part of new efforts to inspire new leaders
Visa introduces sustainability feature for cardholders
This feature will allow customers to understand how their spending affects the environment
Saudi Mawani Port to see investments worth $2.4 bn
72 international and local companies intend to work on new contracts
Standard Chartered and Starling Bank partner for green projects
Titled the Shoal platform, it lets customers choose from options like renewable energy, clean water, and community development
InfraCo and Helios launch climate-focused Africa vehicle CLEAR
CLEAR will finance climate-aligned infrastructure and growth activities, and will also work towards achieving United Nations Sustainable Development Goals