EconomyFeaturedNigerian economy to grow by 3% in 2021: Central Bank governorWebAdminSeptember 15, 2021 by WebAdminSeptember 15, 2021 This announcement comes after lockdown measures were eased and vaccination was increased, leading to a boost in travel and tourism... Read more
FeaturedFintechIndonesian fintech Xendit raises $150 mn to earn unicorn statusWebAdminSeptember 15, 2021 by WebAdminSeptember 15, 2021 The funding round for Xendit was led by Tiger Global Management... Read more
AviationFeaturedAvianca Argentina to make a comeback after going bust in 2019IFM CorrespondentSeptember 15, 2021September 15, 2021 by IFM CorrespondentSeptember 15, 2021September 15, 2021 Reportedly, the company, which going through a bankruptcy process, has settled its due with its creditors... Read more
FeaturedReal EstateUAE property giants invest $430 mn in Bahrain real estateIFM CorrespondentSeptember 14, 2021September 15, 2021 by IFM CorrespondentSeptember 14, 2021September 15, 2021 Emaar Properties and Eagle Hills are some of the major names that have invested in Bahrain real estate... Read more
FeaturedTechnologyGlobal blockchain market to reach $104.19 bn by 2028IFM CorrespondentSeptember 14, 2021September 14, 2021 by IFM CorrespondentSeptember 14, 2021September 14, 2021 The market is set to grow at a CAGR of 55.8% between 2021 to 2028... Read more
FeaturedInsuranceInsurer Sompo to leverage Israeli insurtech Planck’s tech capabilitiesIFM CorrespondentSeptember 14, 2021 by IFM CorrespondentSeptember 14, 2021 The collaboration will help Sompo improve quote to submission time and increase accuracy... Read more
EnergyFeaturedVestas to supply wind turbines for WPD’s projects in TaiwanIFM CorrespondentSeptember 14, 2021September 14, 2021 by IFM CorrespondentSeptember 14, 2021September 14, 2021 Vestas will supply six V136-4.2 MW turbines with 112-metre towers... Read more
FeaturedFinanceForeign investment in new entities jump 108% in H1 2021: Saudi Arabia MinistryIFM CorrespondentSeptember 13, 2021September 13, 2021 by IFM CorrespondentSeptember 13, 2021September 13, 2021 It accounted for 55% of the total 1054 entities in 2021... Read more
FeaturedOil & GasSaudi Aramco to open up the Jafurah gas field to foreign investorsIFM CorrespondentSeptember 13, 2021September 13, 2021 by IFM CorrespondentSeptember 13, 2021September 13, 2021 It is one of the largest unconventional gas fields in the world... Read more
FeaturedPorts and ShippingDP World mulls building a container terminal in Vladivostok, RussiaIFM CorrespondentSeptember 13, 2021September 13, 2021 by IFM CorrespondentSeptember 13, 2021September 13, 2021 It will carry out a feasibility study along with Russian logistics firm Fesco... Read more