Loan
- 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…
- India
Caller threatens to kidnap, kill SBI chairman, blow up office ‘if Rs 10L loan not sanctioned’
Mumbai: An unidentified man called the State Bank of India’s (SBI) south Mumbai office and allegedly threatened to kidnap and murder the bank’s chairman and also blow up its office if a…