Singapore plans massive budget stimulus to counter virus threat
SINGAPORE/HONG, KONG – Singapore is set to deliver a strong budget this week to offset the damage to the economy from the coronavirus, with analysts predicting the biggest deficit in almost two decades. The fiscal gap may widen to 1.5 p...
Bank helps Jazan’s budding entrepreneurs with $67 million funding
JAZAN: Young Saudi entrepreneurs in Jazan benefited from government plans and programs to help develop promising ideas and fund future projects in line with Saudi Vision 2030. The projects extended all over Jazan’s governorates, with Social ...
Egypt's automotive strategy to be submitted to Cabinet within week: Nevine Gamea
Egypt's Ministry of Trade and Industry is about to finalise a comprehensive strategy for automotive industry after adding new items related to electric cars, in preparation for submission to the Prime Minister within a week, where the new strateg...
Penten to provide secure network for SMEs
Penten, a local cyber security company, has successfully received funding under contract with AustCyber's Australian Cyber Security Growth Network to provide secure network access to a pilot group of regional SMEs and academia. This proje...
InVent invests in SME financer PeerPower
InVent, the venture capital arm of InTouch Holdings, has invested in a pre-Series A financing round for PeerPower, a digital crowdfunding and peer-to-peer lending platform that connects businesses with investors. PeerPower is the first company in ...