HSBC establishes new unit in Thailand, eyes wealth management services expansion
The bank’s team in Thailand will carry out services of activities such as advisory and client management
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Saudi government signs MoU with SDAIA, launches AI centre for energy segment
The MoU between the Kingdom’s energy ministry and SDAIA is in line with each other common ambition’s such as the development
Scotland’s Port of Nigg receives £8.3 million for new developments
The overall project which is worth £18.9 million, is expected to attract an additional £11.24 million in new business to the area in its first
Egypt’s GDP to surge 5.4% this year, says UN report
The reports said that GDP growth is estimated at 3.5 percent for FY 2020, and for FY 2021
Richard Yu Chengdong to lead Huawei’s cloud services and artificial intelligence
Mr Richard Yu Chengdong is expected to handle the company’s business development in fields such as cloud computing, servers, AI-powered chips and storage
Philippines bets on Hydrogen to diversify energy sources
Philippine is currently dependent on fossil fuel such as coal and oil to fulfil its energy needs and is expecting to use Hydrogen as a
Nico General, NBS banks rolls out insurance premium financing
The loan will be provided to Nico General customers which include businesses and individual clients
Scottish real estate firm Lomond acquires four new properties across the UK
Lomond has acquired Pad Residential and Allison & Co in Manchester, while the other two are Brighton’s Halls Estate Agents and Craigflower Lettings in Edinburg
China’s Shale production surge, not sufficient to compete US in long run
Shale gas production in China is challenging due to its complex geography, especially the mountainous regions
Cathay Pacific mulls HK $6.74 bn debt sale
The bonds are issued for five years and have an initial conversion price of HK $8.57 a share with a 30 percent premium