Finance
Bahrain’s Arab Banking Corp (ABC) has acquired a 99.5% stake in the Egyptian unit of Lebanon’s BLOM Bank. This will allow ABC to triple...
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BNR – Exxon Mobil is on the verge of finalising negotiations to acquire Pioneer Natural Resources, an American oil and gas producer. This potential...
BNR – Qatar’s leading financial institution, QNB Group, has revealed its latest technological marvel, the QNB Payment Gateway. The new gateway aims at simplifying...
BNR – Meta, the parent company of Facebook, is set to restructure its Reality Labs division. The tech giant is reportedly focusing on silicon...
BNR – During discussions surrounding the Hollywood actors’ strike, Netflix revealed plans to increase the cost of its ad-free service. The news is according...
BNR – BAE Systems has been awarded a significant £3.95 billion (€4.56 billion) Aukus contract to construct a new fleet of submarines. The deal...
BNR – Portugal’s Finance Minister Fernando Medina declared an intention to sell a minimum of 51% of the state-owned airline TAP. The move is...
BNR – In response to customer complaints about the unexpectedly warm new iPhone, Apple announced that it has pinpointed several issues. According to Apple’s...
BNR – In pursuit of anti-corruption in China, Wang Bin, the former chairman of China Life Insurance, has been jailed. A Jinan court in...
BNR – HSBC announced that it will cease facilitating commercial payments between business customers involving Russia and Belarus. Indeed, HSBC Bank is one of...
BNR – UBS Group has revealed its plans to streamline its work and accomplish cost savings of over $10 billion. The bank is set...
UNCTAD says container freight rates surged due to Suez Canal crisis -The Suez Canal traffic suspension has triggered a new surge in container spot...
Bahrain’s Arab Banking Corp (ABC) has acquired a 99.5% stake in the Egyptian unit of Lebanon’s BLOM Bank. This will allow ABC to triple...
Lebanese central bank governor Riad Salameh has said that he could no longer open lines of credit for fuel imports or subsidize its purchase....
The Moroccan subsidiary of Sitel – the multinational telecoms company – recently fired eight employees for having formed a trade union which is a...
DP World Financial Services (DPWFS), a firm belonging to DP World, has decided to facilitate access to trade finance for smaller companies. The moves...
Singapore’s economy expanded more than initially estimated in the second quarter (Q2). The government forecasts 2021 growth rate to be from 6% to 7%...