Fintech startup Cwallet secures $220K pre-seed funding

Fintech startup Cwallet secures $220K pre-seed funding

Qatar-based Financial Technology (fintech) startup, Cwallet, has closed a $220,000 pre-seed funding round from its founders and MBK Holding, the company’s CEO has said.

Qatar banks' funding, liquidity profiles to get boost from end to blockade: Fitch

Qatar banks' funding, liquidity profiles to get boost from end to blockade: Fitch

Qatari banks' funding and liquidity profiles are expected to benefit from the end to the blockade on Qatar, according to Fitch, a global rating agency.

Amir's directives affirm priority of funding education in emergencies: FM

Amir's directives affirm priority of funding education in emergencies: FM

HE the Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohamed bin Abdulrahman al-Thani said that the noble directives of His Highness the Amir Sheikh Tamim bin Hamad al-Thani ...

African aviation needs lifeline of funding to soar high

African aviation needs lifeline of funding to soar high

Until a few months ago, Africa was considered to be one of the fastest growing regions in aviation with approved data projecting an annual average growth of 5% in the continent over the next 20 years.

Qatar-based financial technology startup, C Wallet Services secures more than QR2mn in funding

Qatar-based financial technology startup, C Wallet Services secures more than QR2mn in funding

Qatar-based financial technology startup, C Wallet Services, has successfully secured more than QR2mn in grants and funding in its first year, having created cwallet, Qatar’s first and only mobile application (app) ...

Trump's halt to WHO funding prompts condemnation as coronavirus cases pass 2 million

Trump's halt to WHO funding prompts condemnation as coronavirus cases pass 2 million

US President Donald Trump's move to halt funding to the World Health Organisation over its handling of the coronavirus pandemic prompted condemnation on Wednesday from world leaders ...

In boost to climate policy, EU makes first move to end fossil fuel funding

In boost to climate policy, EU makes first move to end fossil fuel funding

A preliminary text agreed by EU member states calls on the European Investment Bank to stop funding fossil fuel projects, in what would be a breakthrough in the bloc's climate policy ...

Funding and liquidity are no longer key risks to Qatari banks: Fitch

Funding and liquidity are no longer key risks to Qatari banks: Fitch

Funding and liquidity are no longer the key risks to Qatari banks, as $24bn in non-resident deposits and interbank placements have flowed back into the system since November 2017 ...

WISE hosts New York discussions on global education funding

WISE hosts New York discussions on global education funding

The World Innovation Summit for Education (WISE), an initiative of Qatar Foundation (QF), has held a series of New York-based roundtables and workshops with education stakeholders ...

A merger of Barwa Bank, IBQ to ease profitability, funding pressures: Moody's

A merger of Barwa Bank, IBQ to ease profitability, funding pressures: Moody's

The proposed merger between Barwa Bank and International Bank of Qatar (IBQ) is expected to not only alleviate the profitability pressure in the system but also ease the funding costs ...

UN schools for Palestinians reopen despite US funding cut

UN schools for Palestinians reopen despite US funding cut

Children wearing chequered uniforms and backpacks thronged schools across the Palestinian territories for the first classes of the new school year.

India's Jet Airways says evaluating funding options to meet liquidity needs

India's Jet Airways says evaluating funding options to meet liquidity needs

Indian carrier Jet Airways has said it is considering various options on priority to meet its funding requirements, reaffirming that its revenue-boosting and cost-cutting measures have started to show results.