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Tag: funds

Mobile wallet adoption and usage growing rapidly in Asia-Pacific region

Mobile wallet adoption and usage growing rapidly in Asia-Pacific region Mobile wallet adoption and usage is growing at a fast pace in the Asia-Pacific region, supported by accelerated consumer shift towards non-cash payment methods, reveals GlobalData, a leading data and analytics company. Asian-Pacific markets have been actively promoting mobile wallets, placing them ahead of their Western counterparts. While already popular in countries like India and China, mobile...

The US Dollar Extended Losses Amid Trade Policy Risks

The US Dollar Extended Losses Amid Trade Policy Risk Market analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade The US Dollar started the week in the red, hovering near a three-year low, as investors grappled with conflicting signals from Washington on trade policy. While President Trump announced a tariff exemption for smartphones, computers, and other tech products under the new “reciprocal”...
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Assets under management in Middle East rose 11% to $1.2trln in 2020

Assets under management in Middle East rose 11% to $1.2trln in 2020 Despite the economic turbulence caused by the coronavirus pandemic, the asset management industry...

Malaysia’s construction industry to grow by 14.6% in 2021

Malaysia’s construction industry to grow by 14.6% in 2021  driven by investments in transportation and energy projects Malaysia’s construction industry is set to recover in 2021...

ADFD Funds AED37 Million MSME Development Project in Colombia

ADFD Funds AED37 Million MSME Development Project in Colombia Abu Dhabi Fund for Development (ADFD), the UAE’s leading development financing institution driving sustainable development at...

Capital raising activities could return to pre-pandemic levels in 2021

Capital raising activities could return to levels in 2021 Malaysia’s capital market activity is on track to improve in 2021, with fundraising interest across some sectors...

Egypt’s annual urban consumer price inflation fell to 3.4% in August

CAIRO- Egypt's central bank is expected to leave its main interest rates unchanged at a meeting on Thursday, with a desire to attract foreign...