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Browsing: Middle East
Growth attributed to increase in Foreign Direct Investment (FDI), which increased by 11.6 per cent from $8.2 billion at the…
Remittance inflows amounted to $385.9 million in February, compared to $309.2 million in February 2023, an increase of 24.8 per…
Ransomware Attacks and backdoors are the leading threats Kenyans contend with According to the CAK, Kenya experienced 860 million cyberattacks in 2022–2023.…
Over half of Sudan’s gold is smuggled out of the country with the proceeds going to finance internal conflict. Last…
A total of six banks from the Middle East and Asia have raised a combined $625 million in syndicated loan to finance Africa’s infrastructure under the African Finance Corporation (AFC).
Through the AFC, Gulf Bank, National Bank of Ras Al-Khaimah, China CITIC Bank Corporation, Qatar National Bank, Doha Bank and Industrial Bank of Korea Limited joined the syndicate as first-time lenders throwing their weight behind the leading infrastructure solutions financier in Africa.
The Middle-East market is showing great potential as the period from January to March 2023 witnessed a 20 percent jump…
Pyypl uses advanced Artificial Intelligence (AI) and Machine Learning (ML) for regulatory compliance, Anti Money Laundering (AML), and Counter-Terrorism Financing (CTF).
The platform also conducts real-time Politically Exposed Persons (PEP) and sanctions (both country and individual) screening against the latest and historical UNSC, USDT, FATF, OFAC, and EUCFSF records, as well as all local databases.
Fintech startups in Africa have continued to gain a lot of attention from investors who have been pouring billions of dollars to support the industry.
The Middle East and Comesa have become the leading export markets for Ugandan goods, according to the Bank of Uganda(BoU)…
The Saudi Fund for Development (SFD) has agreed to invest in Kenya’s Big Four projects, a boost to President Uhuru…
The serene rural Tanzanian landscape has wowed more than 1000 tourists from Israel who have just concluded their week-long tour…