Top StoriesNigeria selects Egypt Air consortium to set up leasing companyGBO CorrespondentFebruary 26, 2020 GBO CorrespondentFebruary 26, 202001481 The decision is a part of the Nigerian government’s plan to overhaul the aviation sector in the country
Top StoriesSaudi’s telecom operators, ISPs to boost next-gen FTTH connectivityGBO CorrespondentFebruary 25, 2020 GBO CorrespondentFebruary 25, 202002518 The two parties have signed an open access agreement to ensure availability of fibre to the home services in the Kingdom
Top StoriesSaudi’s Esnad launches property management firm in BahrainGBO CorrespondentFebruary 25, 2020 GBO CorrespondentFebruary 25, 202002046 The firm will provide end-to-end consultancy services targeting individuals, investors and corporates
TechnologyTop StoriesRAKBANK to join RippleNet to drive Philippine remittance footprintGBO CorrespondentFebruary 24, 2020 GBO CorrespondentFebruary 24, 202001724 RAKBANK will work with BDO Unibank to power remittance transactions throughout the Philippines
Top StoriesPhilippines seeks partnership with Qatar on Islamic banking developmentGBO CorrespondentFebruary 24, 2020 GBO CorrespondentFebruary 24, 202001358 The partnership will help broaden the scope for new Islamic products and services in the market
Top StoriesKuwait’s new draft law to set up Shariah board for banking supervisionGBO CorrespondentFebruary 21, 2020 GBO CorrespondentFebruary 21, 202001381 All 36 MPs have voted unanimously in favour of the draft law
Top StoriesMalaysia’s Maybank launches instant business account facility for SMEsGBO CorrespondentFebruary 21, 2020 GBO CorrespondentFebruary 21, 202001592 Now businesses can open a conventional or an Islamic business account through Maybank’s online banking platform, Maybank2u
Top StoriesBrazil’s central bank to launch QR code-based instant paymentsGBO CorrespondentFebruary 20, 2020 GBO CorrespondentFebruary 20, 202002201 The instant payment platform is called Pix
Top StoriesTax digitalisation sees 20% lesser use of paper cheques in SingaporeGBO CorrespondentFebruary 19, 2020 GBO CorrespondentFebruary 19, 202001301 DBS Bank IRAS are collaborating to utilise tax payment digitalisation through PayNow
Top StoriesPemex begins signing contracts to initiate new oil projectsGBO CorrespondentFebruary 18, 2020 GBO CorrespondentFebruary 18, 202001687 Pemex plans to explore and discover at least 20 new oil and gas fields annually