BANKING

April 22, 2019

Terra' experience to help Expo 2020 visitors in reducing carbon footprint

Visitors at the Sustainability Pavilion at Expo 2020 Dubai will be able to learn more about humankind's relationship with nature, and our impact on it, through the 'Terra' experience.

Terra - meaning"...

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April 21, 2019

World Bank approves another grant for refugees in Uganda

The World Bank on April 17 approved a Ush564 billion ($150m) grant to Uganda to boost ongoing efforts to improve access to basic social services, expand economic opportunities, and enhance environmental management for both refugees and host communities.

The"...

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April 17, 2019

Tanzania’s NIT to receive US $83.5m for its transformation into a university

The National Institute of Transport (NIT) in Tanzania is set to receive US $ 83.5m from the World Bank and the Chinese government to cater for the institution’s upgrade to a university.

The ministry of finance"...

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April 17, 2019

Kuwait’s population growth eases led by slowdown in expat growth: NBK Report

KUWAIT: Population growth hovered near multi-year lows in 2017 and 2018, led by historically weaker growth in the number of expatriates as Kuwaitization efforts and higher administrative fees put a damper on expat hiring activity.

According"...

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April 17, 2019

Bank of America Reports First-Quarter 2019 Financial Results

Bank of America reported its first-quarter 2019 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

This press release features multimedia."...

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April 17, 2019

Moody’s Acquires Majority Stake in Vigeo Eiris, a Global Leader in ESG Assessments

Moody’s Corporation (NYSE: MCO) announced today that it has acquired a majority stake in Vigeo Eiris, a global leader in Environmental, Social and Governance (ESG) research, data and assessments. The acquisition furthers Moody’s objective of promoting global standards for ESG"...

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April 11, 2019

Nigerian Lender Fidelity Bank Appoints Three New Directors

Fidelity Bank, an emerging Nigerian lender, has announced the appointment of three new executive directors. The Board, which met in Lagos, approved the appointments of Gbolahan Joshua as Executive Director/Chief Operations and Information Officer; Obaro Odeghe, Executive Director, Corporate"...

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April 10, 2019

Machine Learning Will Become Reality In The Near Future 

• Huge opportunities for better business intelligence and across a range of activities carried out by accountants

• Adoption of machine learning needs to be based on legitimate business need rather than just wanting to be seen as using AI

• Ethical"...

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April 7, 2019

World Bank agrees to assist and attend Kenya’s digitalization for an innovative agriculture

NEWSROOM (ADV) – The World Bank has partnered with Kenya’s ministry of agriculture to facilitate deployment of digital platforms that can be harnessed by small-holder farmers to boost crop yield, officials said on Friday.

Dina"...

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April 7, 2019

KCB deal gives Imperial Bank depositors access to more money

Regional lender KCB Bank has made a final offer for troubled Imperial Bank in a deal that could see depositors recover more of their savings.

KCB had requested a modification of its binding offer last month after"...

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