JP Morgan plans to issue virtual credit card for clients
The investment bank is collaborating with Marqeta for a successful rollout
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Indian refiners struggle to operate business amid Covid-19 pandemic
Majority of the refiners will shut their units due to maintenance
Kuwait Oil Company plans to export heavy crude for global market
The company expects production of 60,000 barrels of heavy oil per day in the South Ratqa field
Indonesia expects unicorns to be listed under Indonesia Stock Exchange
IDX also wants low valued startups under its market listings
IMF releases $4.3 bn to South Africa for economic recovery
The fresh funds are categorised under 'rapid financing instrument'
China to sign a $400 billion deal with Iran for a 25-year period
The investment will bolster ties between the two countries
Bahrain’s SICO plans to offer sukuk-based murabaha service
SICO, the Central Bank of Bahrain and the Bahrain Bourse have signed an agreement to launch the new service
China’s environmental fund raises $12.59 billion
The funding will fulfill China’s clean tech mission
African Development Bank commits Covid-19 support for multiple nations
In its latest development, the bank has granted loans worth $97.675 million to Rwanda
Revolut raises $80 mn from fresh funding round
Revolut raises $80 mn from fresh funding