EnergyFeaturedACWA Power closes $1.33 bn in financing for the Red Sea Development projectIFM CorrespondentDecember 22, 2021 by IFM CorrespondentDecember 22, 2021 The project will run of 100% renewable energy... Read more
FeaturedTechnologyVinaCapital Ventures invests in blockchain eco-platform Hub GlobalIFM CorrespondentDecember 22, 2021 by IFM CorrespondentDecember 22, 2021 VinaCapital Ventures in the investment arm of VinaCapital Group... Read more
AviationFeaturedQatar Airways becomes first carrier to transact using IATA’s carbon exchange platformIFM CorrespondentDecember 21, 2021 by IFM CorrespondentDecember 21, 2021 The platform is designed to help carriers invest in projects that do not offset CO2 emissions... Read more
FeaturedHealthcareSingapore’s biomedical firms raises $600 mn in the first 9 months of 2021IFM CorrespondentDecember 21, 2021 by IFM CorrespondentDecember 21, 2021 A majority of the funds went to biotech firms such as Mirxes and Esco Lifesciences... Read more
FeaturedOil & GasBrazil auctions two large oil blocks, raises $2 bnIFM CorrespondentDecember 20, 2021 by IFM CorrespondentDecember 20, 2021 Total, Shell, Petronas and Petrobras among the winning bidders... Read more
FeaturedTechnologyChinese AI firm SenseTime relaunches its $767 mn Hong Kong IPOIFM CorrespondentDecember 20, 2021 by IFM CorrespondentDecember 20, 2021 The firm is planning to sell 1.5 bn shares for between HK$3.85 and $HK3.99 each... Read more
FeaturedIslamic FinanceCapBay nets $7 mn to grow its Shariah-compliant supply chain finance armIFM CorrespondentDecember 20, 2021 by IFM CorrespondentDecember 20, 2021 The funding round was led by Kenanga Capital Islamic, a subsidiary of Kenanga Investment Bank... Read more
FeaturedTelecomSafaricom to launch its commercial operations in Ethiopia in March 2022IFM CorrespondentDecember 17, 2021 by IFM CorrespondentDecember 17, 2021 Safaricom Ethiopia will use the '07' mobile number prefix... Read more
FeaturedFintechSingaporean fintech Sleek raises additional funds for product developmentIFM CorrespondentDecember 17, 2021 by IFM CorrespondentDecember 17, 2021 Sleek has raised $25 mn so far in its Series A funding round... Read more
FeaturedTelecomZain to sell over 2600 towers in Jordan to TASC Towers for $88 mnIFM CorrespondentDecember 16, 2021December 16, 2021 by IFM CorrespondentDecember 16, 2021December 16, 2021 The telco announced a 15-year agreement to sell and leaseback the passive physical infrastructure of its towers... Read more