Brazil to roll out new payment system to eliminate bureaucracy
The new system is likely to replace the large swath of payment options for Brazilians
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Libya exceeds oil output by 1.2 million barrels per day
The oil production surged from below 100,000 bpd during the blockade to as much as 500,000 bpd in the middle of October
Abu Dhabi International Airport tests AI-based system for swift process
The passenger traffic levels have recorded an 88 percent slump compared to a year earlier: IATA
Vietnamese banks ramp up foreign ownership ratio to foster financial growth
TechcomBank’s board of directors increased its ownership limit to 22.5% of its charter capital
Saudi’s PIF to invest capital worth $40 billion annually in 2021-22
The sovereign wealth fund has supported ultra-class projects such as the leading tourism project at the Red sea
Tamweel Al Oula is experiencing a paradigm shift
The company has built a virtual communication mechanism to deepen engagements with customers across the Kingdom of Saudi Arabia
BossaBox raises $1.5 mn in funding led by Astella Investment to foster development
The startup has completed more than 90 projects across Brazil
British Airways appoints Sean Doyle as the new CEO
The airline recorded an operational loss of $4.77 billion in the first quarter
Mexico’s tourism GDP records a historic slump of 43% in April and June
The GDP downturn has deepened because eight out of every 10 pesos of the tourism GDP is contributed by the service activities The Mexican tourism
Singapore’s property market sees rebound after positive Q3 results
The local population purchased nearly 81 percent of all private flats in the third quarter