Loan
- Middle East
Abu Dhabi launches marriage loan initiative
Abu Dhabi: The Abu Dhabi Social Support Authority (SSA) has introduced the Marriage Loan initiative, implemented as part of the Abu Dhabi Family Wellbeing Strategy and the Emirati Family Growth Programme, launched by…
- Middle East
Housing finance company aids expatriates’ in owning a house in Saudi
Jeddah: An expatriate’s dream of owning a house in Saudi Arabia is easier as some housing finance companies are offering to provide loans. BIDAYA Home Finance, one of Saudi Arabia’s leading non-bank…
- World
Indian-origin businessman jailed for COVID loan abuse in UK
London: An Indian-origin businessman in south east England has been sentenced to 12 months’ imprisonment after admitting abuse of an interest-free loan offered by the UK government to businesses to cope with…
- Middle East
UAE rolls over $2 billion loan to Pakistan
Islamabad: In a move that would create some much-needed room for Pakistan’s cramped fiscal space, the Abu Dhabi Fund for Development (ADFD) on Thursday rolled over their deposit of USD 2 billion…
- Telangana
Telangana: More than 2.13 lakh minorities applied for subsidy loan
Hyderabad: The state government had launched a financial assistance scheme for unemployed youth and others in all districts of Telangana including Hyderabad. Through this scheme, financial assistance of Rs.1 lakh and Rs.2…
- Business
Amazon secures $8 bn loan to safeguard against economic headwinds
San Francisco: E-commerce giant Amazon has secured $8 billion in Term Loan from DBS Bank, Mizuho Bank and others, that will be used for “general corporate purposes”. In a filing with the…
- World
IMF approves $3-bn loan to Egypt
Cairo: The International Monetary Fund (IMF) has said that its executive board had approved a loan to Egypt of about $3 billion over 46 months. The decision enables an immediate disbursement of…
- Business
Creditors seek part-repayment of $1.2 bn loan given to BYJU’s
New Delhi: In seemingly fresh trouble for BYJUs, some lenders have asked the edtech unicorn to repay part of a $1.2 billion loan they recently bought into as they renegotiate terms of…
- Pakistan
Cash-starved Pakistan to repay USD 1bn early on Dec 2: SBP governor
Islamabad: Pakistan’s central bank chief said on Friday that the cash-strapped country would repay a USD 1 billion international bond on December 2, three days before its due date. Jameel Ahmad, Governor…
- Technology
After India, Google acts upon illegal loan apps in Africa
San Francisco: Google has ordered loan apps in Kenya to present proof of their licenses to operate in the country, or they risk being removed from the Google Play store. According to…
- Hyderabad
Hyderabad: Loan harassers target wife after husband dies by suicide
Hyderabad: In an incident dating back to 2020, a man died by suicide after being harassed by loan sharks. They continued to harass the deceased’s wife for over a year. The deceased…
- Hyderabad
Hyderabad: Man dies by suicide over alleged debt
Hyderabad: In an incident reported from Kishanbagh on Sunday a 22-year-old man died by suicide allegedly over financial issues. The deceased, identified as Shaik Hyder, was stressed about not being able to…
- World
US: Court pauses Biden’s student loan forgiveness plan
Washington: US’ federal appeals court on Friday issued an administrative stay, temporarily blocking President Joe Biden’s student loan forgiveness program. The order came from the 8th US Circuit Court of Appeals in…
- India
Chinese loan app case: ED seizes Rs 78cr after searches
New Delhi: The Enforcement Directorate (ED) on Friday said it has recently carried out search operations at five places in Bengaluru, in connection with its investigation related to the Chinese loan app…