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
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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
Ugandan fintech startup Asaak raises $30 million to offer motor financing
The funding round was led by new and existing investors like Resolute Ventures and Social Capital
Ghanian fintech Float raises $17 mn to power cash flow in Africa
The financing will be used to improve the cash management platform and new business products
Amazon reverses its decision to ban Visa credit cards
A deal is being made between the two but the future is uncertain