Binance withdraws its Singapore crypto exchange license application
The crypto exchange company announced that it will withdraw by February
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Nubank raises $2.6 billion during debut US IPO
Nubank has bypassed Itau Unibanco as the region’s most valuable bank
Rural Banking needs to be about more than just agri & livestock lending
The microfinance sector has become a key player in battling the lack of financial inclusion, particularly in rural areas
Azul focuses on having 100% next-generation aircraft by 2026
The airline will use planes such as the Embraer E2, Airbus A320neos, and A321neos for commercial service
Greece and Saudi Arabia sign major maritime transport deal
The deal includes developing commercial maritime navigation and increasing the traffic of commercial ships
Rapyd acquires Hong-Kong based Neat to expand SME trade capabilities across Asia
By integrating Neat into the network, some SMEs will be able to incorporate new businesses in minutes
Africa Blockchain Lab raises $6mn to bring innovation to Africa
The company will use these funds to launch its crypto wallet VIBRA
Bawabat Al Sharq Mall’s CSR initiatives wins international recognition
The mall was awarded the Best Shopping Mall: CSR Initiatives in the UAE at Global Business Outlook Awards 2021
ADNOC and Reliance invests $2bn for chemicals in JV
This is going to be Reliance’s first investment in the MENA region
Visa and Belvo announces strategic partnership for open finance offerings
In June, Visa announced that it has participated in Belvo’s $43 million Series A funding