COMMENTS: Citi Bank is launching an artificial intelligence automated robotic service that will receive payments and reconcile them with invoices. This is part of Citi’s US$ 8.5 Billion payment and receipt handling service that it provides to its clients all over Continue reading “Robots to Handle and Reconcile Payments and Receivables”
Month: August 2018
More on: M&A’s in the Middle East and the UAE
COMMENTS: Another report on M&A’s in the Middle East (seems to exclude North Africa). It indicates that M&A activity surged 62% in the first half of 2018 reaching US$ 25.4 Billion, of which the UAE’s share was 65% (UAE Inbound M&A’s totaled 34 deals valued at US$ 6.6Bill). Continue reading “More on: M&A’s in the Middle East and the UAE”
India’s Oil Supply Dilemma
COMMENTS: Officially, India does not recognize the US sanctions on Iran and had announced that it will continue buying Iranian oil.
But, unofficially, the long arm of the US extends to the financial Continue reading “India’s Oil Supply Dilemma”
Is Turkey in Line for US Sanctions?
COMMENTS: The US/Turkish relations have not been rosy for a while now. They have been souring (at least visibly) since the failed coup against President Erdogan a couple of years ago, which Turkey insinuated was supported clandestinely by the US through the Fethulla opposition organization. Continue reading “Is Turkey in Line for US Sanctions?”