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Omnicron Virus : What We Know So Far

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On 26 November 2021, WHO designated the variant B.1.1.529 a variant of concern, named Omicron, on the advice of WHO’s Technical Advisory Group on Virus Evolution (TAG-VE).  This decision...
Mastercard Announces Fintech Express to Empower MEA Fintechs to Launch and Expand Rapidly

Mastercard Announces Fintech Express to Empower MEA Fintechs to Launch and Expand Rapidly

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Mastercard has launched Fintech Express in the Middle East and Africa, a program designed to facilitate emerging fintechs’ launch and expansion. Leveraging the power...
StanChart’s Troubled Loans Top $600 Million on Corporate Woes

StanChart’s Troubled Loans Top $600 Million on Corporate Woes

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(Bloomberg) -- Problem loans at some of Standard Chartered Plc’s large clients may top $600 million as a string of corporate scandals coincides with woes...

Arqaam Shuts South African Office as Brokers Pare Back Research

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(Bloomberg) -- Arqaam Capital Ltd. is closing its South African office as the Dubai-based investment bank joins other brokers paring back operations in the...
Saudi Arabia

Saudi to build oil refinery, petrochemicals plant in South Africa

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Saudi Arabia plans to build an oil refinery and petrochemicals plant in South Africa as part of $10bn of investments in the country. The new...