FeaturedLogisticsSaudi logistics startup Diggipacks acquires Egypt-based FWRUNWebAdminSeptember 6, 2021 by WebAdminSeptember 6, 2021 The acquisition will help Diggipacks expand in Egypt... Read more
EnergyFeaturedTotal agrees $27 bn deal to develop four energy projects in IraqWebAdminSeptember 6, 2021 by WebAdminSeptember 6, 2021 Iraqi oil minister Ihsan Abdul Jabbar said Total will invest $3 bn in the first phase... Read more
FeaturedFintechAirwallex secures money services business licence in MalaysiaWebAdminSeptember 6, 2021 by WebAdminSeptember 6, 2021 Airwallex also recently launched in the US as a part of its global expansion plans... Read more
EconomyFeaturedUAE recorded $52 bn non-oil trade growth with Arab countries in H1 2021WebAdminSeptember 3, 2021 by WebAdminSeptember 3, 2021 The non-oil trade between the UAE and Arab countries grew by 29%... Read more
BankingFeaturedBank of Africa to launch a new innovative offering for South to North money transfersWebAdminSeptember 3, 2021 by WebAdminSeptember 3, 2021 In order to do so, it has partnered with Sopra Banking Software (SBS)... Read more
FeaturedInsuranceSwiss Re to invest $200 mn in a new parent company called DefinityWebAdminSeptember 3, 2021 by WebAdminSeptember 3, 2021 It will serve as the parent company to Economical Insurance, Family Insurance Solutions, Petline Insurance and Sonnet Insurance... Read more
AviationFeaturedMalaysia gives greenlight for Boeing 737 MAX to return to serviceWebAdminSeptember 3, 2021 by WebAdminSeptember 3, 2021 The Civil Aviation Authority of Malaysia imposed a ban on the aircraft previously in 2019... Read more
FeaturedPorts and ShippingSohar Port in Oman to introduce bunkering servicesWebAdminSeptember 2, 2021 by WebAdminSeptember 2, 2021 Sohar Port and Freezone signed an agreement with Hormuz Marine... Read more
FeaturedTechnologyVC LoftyInc Capital announces fund to invest in tech startups across AfricaWebAdminSeptember 2, 2021 by WebAdminSeptember 2, 2021 The LoftyInc Afropreneurs Fund 3 will invest nearly $10 mn in tech businesses in Africa... Read more
FeaturedOil & GasOil prices dip as OPEC+ agrees to gradual output hikesWebAdminSeptember 2, 2021 by WebAdminSeptember 2, 2021 Brent crude was down by 0.2%, at $71.43 a barrel on Thursday... Read more