BankingFeaturedMoody’s assigns high B1 rating to Jusan Bank with a stable outlookWebAdminJune 10, 2021 by WebAdminJune 10, 2021 Moody's noted that the ratings indicate a very high level of the bank's liquid assets and a strong capital base... Read more
FeaturedTechnologyNavalport eyes business expansion after landing Petrobras contractWebAdminJune 10, 2021 by WebAdminJune 10, 2021 The Brazilian startup is gearing to raise fresh funds in the next four months... Read more
FeaturedReal EstateAjar and Visa team to launch digital rent payment option in the Middle EastWebAdminJune 10, 2021 by WebAdminJune 10, 2021 Ajar, will provide tenants with an option to pay rent digitally, and eventually aims to become completely paperless... Read more
AviationFeaturedMideast aviation suffers new hit as passenger demand plunges to 82.9% in AprilWebAdminJune 10, 2021 by WebAdminJune 10, 2021 The passenger traffic was down by 87.3 percent, compared to the numbers of 2019... Read more
FeaturedFintechMatchMove receives $100 mn funding from Nityo to expand its market presenceWebAdminJune 10, 2021June 10, 2021 by WebAdminJune 10, 2021June 10, 2021 The latest funding round valued the fintech at around $600 mn... Read more
FeaturedRenewable energyOffshore wind can supply 12% of Vietnam’s electricity by 2035WebAdminJune 10, 2021 by WebAdminJune 10, 2021 Vietnam’s offshore wind potential could help the country avoid over 200 mn tonnes of CO2 emissions... Read more
Business LeadersFeaturedDubai-based telco du appoints new chief executiveWebAdminJune 9, 2021June 9, 2021 by WebAdminJune 9, 2021June 9, 2021 The telco appointed Fahad Al Hassawi as its new chief executive officer... Read more
EnergyFeaturedOman LNG and Shell to deliver the Sultanate’s first carbon-neutral LNG cargoWebAdminJune 9, 2021 by WebAdminJune 9, 2021 The first carbon-neutral liquefied natural gas (LNG) cargo will be delivered to the Middle East from Oman LNG’s export facility in Qalhat, Sur... Read more
FeaturedLogisticsGlobal logistics giant Lineage acquires Kloosterboer GroupWebAdminJune 9, 2021 by WebAdminJune 9, 2021 Both parties will combine their highly strategic and complementary European facilities that will support the future growth of their cold chain business... Read more
CurrencyFeaturedBitcoin to become legal tender in El Salvador?WebAdminJune 9, 2021 by WebAdminJune 9, 2021 The proposed legislation for making bitcoin a legal tender has been drafted and soon it will be presented to the country’s Congress... Read more