Tuesday, March 3, 2020
Learn what can HSBC do for businesses seeking to expand in the region.
Delivery Hero was founded in 2010 and saw exceptional growth over the next seven years, culminating in a successful IPO in 2017. At that point, the company decided to strengthen its treasury team and improve the centralised visibility and control of its various business entities' bank accounts. In MENA, this has resulted in a rapidly expanding relationship with HSBC, involving bank account rationalisation and the implementation of HSBCnet, both of which are already starting to deliver important benefits.
HSBC has structured and financed a $558 million (AED2.049Bn) working capital package for the contractors who successfully tendered for the civil works and construction contract for Package D of Stage Two of Etihad Rail’s United Arab Emirates’ national railway.
The COVID-19 pandemic has shaken up traditional models of learning in schools and universities. Although online learning has so far proven to provide certain benefits, this method of learning presents certain challenges. As such, educators need to find a middle ground.