FeaturedTelecomGulf Energy to enter Thai telecom market after deal with InTouchWebAdminAugust 9, 2021 by WebAdminAugust 9, 2021 Gulf Energy nets 747 mn shares or 23.3% of all issued shares in InTouch... Read more
EconomyFeaturedGCC economies to grow by 2.2% this year: World BankWebAdminAugust 6, 2021 by WebAdminAugust 6, 2021 In 2020, the GCC countries saw a GDP contraction of 4.8% due to Covid-19 pandemic and lower oil prices... Read more
FeaturedIslamic BankingCIMB Bank launches its first all-digital Islamic savings account in MalaysiaWebAdminAugust 6, 2021 by WebAdminAugust 6, 2021 The newly launched product is called OctoSavers Account-I... Read more
EnergyFeaturedChina’s Longi Solar to supply 64 MW of modules for projects in EuropeWebAdminAugust 6, 2021 by WebAdminAugust 6, 2021 The modules are for projects in Denmark and Portugal... Read more
FeaturedFintechFintechOS bags $10 mn funding from World Bank to expand its businessWebAdminAugust 6, 2021 by WebAdminAugust 6, 2021 The funding comes as a part of the company’s latest Series B funding round that was announced in April this year... Read more
AviationFeaturedBrazil’s GOL orders 28 additional Boeing 737 Max in fleet renewalWebAdminAugust 5, 2021 by WebAdminAugust 5, 2021 The new fleet will see 23 Boeing 737-800 NGs replaced by the end of 2022... Read more
FeaturedLogisticsESR buys ARA to become the largest real estate asset manager in APacWebAdminAugust 5, 2021 by WebAdminAugust 5, 2021 After the deal is completed, both the companies will have a combined asset of $129 bn under asset management... Read more
BankingFeaturedHong Kong financial watchdog fines UBS $11.55 mn for regulatory breachesWebAdminAugust 5, 2021 by WebAdminAugust 5, 2021 UBS is being fined for its failure to disclose its financial interests in some Hong Kong listed companies... Read more
FeaturedFintechKenyan fintech Pesapal receives authorisation from the central bankWebAdminAugust 4, 2021August 4, 2021 by WebAdminAugust 4, 2021August 4, 2021 The company can now run its payment gateway services in compliance with National Payment System (NPS) Act 2011... Read more
EconomyFeaturedIMF announces largest SDR in history of $650 bnWebAdminAugust 4, 2021 by WebAdminAugust 4, 2021 IMF announced a massive funding of $650 mn to help member countries fight Covid-19... Read more