Brazil to roll out new payment system to eliminate bureaucracy
The new system is likely to replace the large swath of payment...
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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...
South Africa accelerates efforts to revive its economy—like Saudi
The government is switching from a commodity-focused economic model to a more...
China invests billions of dollars in new mega-refineries amid a volatile oil market
The mainland has already added 1 million barrels since the start of...
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Dubai Port seeks partnership with Pelindo IV to develop Ambon’s new
Bahrain sets new radio communication rules to attract foreign investors
The national frequency plan is the first of its kind for Bahrain...
JP Morgan signs business deal with Brazils’ Bradesco
The US banking giant will potentially transfer its Brazilian onshore clients to...
Seven & i takes over Marathon Petroleum’s Speedway gas stations for $21 bn
The acquisition will help Seven & i to increase its store count...
HSBC reports unexpected first quarter profit amid Covid-19 pandemic
On a net basis, the bank reported a second-quarter profit of $192...
China to sign a $400 billion deal with Iran for a 25-year period
The investment will bolster ties between the two countries...
Bahrain’s SICO plans to offer sukuk-based murabaha service
SICO, the Central Bank of Bahrain and the Bahrain Bourse have signed...