Singapore-based BNPL firm Pace raises $40 mn to expand its business
Currently, Pace operates in Singapore, Malaysia, Hong Kong and Thailand
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3air to solve Africa’s broadband problems by leveraging blockchain technology
The company will use an ISP platform built on Cardano to provide internet to the remote regions in Africa
Palm Hills plans to invest $242 mn by 2022
Real estate prices in Egypt is expected to increase by 10-12% in 2022
Oil prices drop by 3% since October over supply release expectations
Brent crude stands at $78.32 per barrel
Standard Chartered launches $100 mn Islamic finance program
This initiative is aimed at helping halal businesses in Asia, Middle East and Africa
Dubai Air Show 2021 sees 5 deals worth $78 bn
The current value crossed the value of per-pandemic deals, which stood at $27.24 bn
UAE and Russia ink agreement to partner on hydrogen development
Both countries agree to collaborate in manufacturing of hydrogen equipment production, liquefaction and use of raw hydrogen
Amazon to stop accepting Visa credit card in the UK
Visa is trying to resolve the matter so customers can keep using their cards after the January 19 deadline
Brazilian broker XP acquires minority stake in Vista Capital
Vista Capital has BR4.5 mn under asset management in hedge and equity fund
OPEC+ to stay cautious as oil market surplus comes in December
OPEC+ is gradually unwinding record production costs observed in 2020 by raising output by 400,000 barrels per month from December