Search Result for 'Open AI'

South Korea-based IT company, Koscom has disclosed about its plans of acquiring 92.66% stake in HSBC ...

Startup boot camp, a global network of start-up accelerators will set up its Middle East base ...

Credit insurance is an effective financial risk management that protects businesses and companies against losses from ...

In an announcement on Monday, digital payment facilitator Visa and UAE’s Emirates NBD extend their partnership ...

 In its China life insurance joint venture, HSBS Holdings enters to buy the remaining 50%  stake to fully own the company as China gears up its markets by removing foreign ownership  restrictions on foreign funded insurance companies.   This agreement will help HSBC to expand its mark in China, as part of CEO Noel Quinn’s plan  to boost the company’s business and enhance its investments and capital to Asia. In a  statement, Quinn tells that they are trying to make steps in their growth strategy, despite the  coronavirus pandemic, and that the transaction will help boost the ambition of accelerating  growth in their Asian franchise and further extend their capabilities in wealth.   As part of its broad overhaul announced earlier on February, HSBC, Hong Kong had turned its  focus on growth markets such as mainland China and Hong Kong.   After U.S. and Japan, China’s insurance comes third with an estimated $318bn in premiums,  and with current reforms in ownership restrictions, HSBC joins the list of companies as foreign  fully-owned insurers in mainland China. China opened its asset-management markets for wider  foreign firms and companies on April 1st this year despite the ongoing Covid-19 crisis.   

With over 800 coronavirus cases and an extension of a month-long lockdown in the capital, Philippines ...

The corona pandemic is a wakeup call for Middle Eastern businesses for reminding them how much ...

The global economy, businesses and financials remained in jitters on account of the widening spread of ...

Maybank Islamic, the Shariah-obedient section of Malaysia’s largest lender Malayan Banking Berhad recently opened its first ...