Dubai Islamic Bank approves increase in foreign ownership limit
The bank's shareholders have approved foreign ownership limit of shares to 40 percent from 25 percent
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First Bank considers merger ahead of an industry recapitalisation
The bank is in talks with Heritage Bank and Polaris Bank
France to partially use Huawei equipment for its 5G rollout
French authorities' decide to use some of Huawei gear despite the US warning to exclude the Chinese telecom giant
Mubadala increases its ownership in Thailand’s Manora oil field to 70%
Mubadala acquired a 10% interest in the offshore block from Northern Gulf Petroleum
Wirecard to process GrabPay ewallet transactions for businesses
Micro, small and medium enterprises in the Philippines, Malaysia and Singapore will benefit from the partnership
Deutsche Bank may delay debts repayment, other lenders may follow suit
The bank will delay repayment on $1.25 bn of bonds
Indonesia annuls increase in BPJS Kesehatan health insurance premiums
The Supreme Court said increase in premium should be on a par with the country’s economic development
Paga and Flutterwave join forces to expand payment solutions in Nigeria
Flutterwave will add Paga as a payment option in its platform
Abu Dhabi records real estate deals worth Dh58 bn in 2019
Deals includes sales and mortgages of lands, buildings and real estate units
Mazoon Electricity rolls out prepaid meter service in Oman
Now customers in Oman can buy recharge tokens from multiple payment channels available in the Sultanate