Dubai Financial Market introduces three new futures equity contract
The new contract will include stocks of Dubai Investments, DFM Company and Shuaa Capital
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Egyptian fintech MNT-Halan receives funding of $120 mn to drive further innovation
The funding round was attended by investors like Apis Growth Fund II, Development Partners International and Lorax Capital partners
Addi secures $75 mn funding to bring BNPL to Latin America
The company will use these funds to scales its operations in Colombia and Brazil
Al Dhabi Capital starts MENA-based equities fund
The asset manager is based in Abu Dhabi Global Market
Ethiopian Airlines to bring back Boeing 737 MAX back to service in January
Chief executive Tewolde GebreMariam is convinced that the aircraft is safe to fly
Bitcoin crashes 17% after El Salvador makes it legal tender
The crypto fell as low as $43,050 on Tuesday
StanChart partners with Singapore Union to launch a digital-only bank
The lender will invest $107mn and own 60% of the bank in partnership with BetaPlus
South American nations growing by 5.9% in 2021:UN
The UN projected a slowdown of 2.9% in 2022
Chinese ride-hailing firm Cao Cao raises $589 mn for market expansion
Cao Cao will develop its own purpose-built vehicles for ride hailing
Kenyan insurtech MotiSure launches API platform to provide personal accident cover
The company sampled over 400 bike riders on why they did not sign up for pre-existing insurance solutions