FeaturedLogisticsEgypt-based digital freight marketplace Trella raises $42 mn to expand in MENAWebAdminJune 23, 2021 by WebAdminJune 23, 2021 The freight company will use these funds to further expand in Afghanistan and Pakistan... Read more
BankingFeaturedSaudi Arabia to issue digital banking licenses to STC Bank and Saudi Digital BankWebAdminJune 23, 2021 by WebAdminJune 23, 2021 The proposal was approved during a virtual meeting that was headed by King Salman... Read more
FeaturedTechnologyChipmaker GlobalFoundries plans to invest $6 bn to expand in SingaporeWebAdminJune 23, 2021 by WebAdminJune 23, 2021 The US-based company will allocate the fund in order to fight chip shortage... Read more
AviationFeaturedVolaris is all set to start flying to ColombiaWebAdminJune 22, 2021 by WebAdminJune 22, 2021 The low-cost Mexican airline revealed that Bogotá and Cancún are two first two routes they will launch in this new market... Read more
FeaturedFinanceUAE attracts foreign investment worth $20 bn in 2020WebAdminJune 22, 2021 by WebAdminJune 22, 2021 The Emirates became the 15th largest recipient of FDI in the world and climbed seven places from 2019 to 2020... Read more
EconomyFeaturedSingapore economy to grow by 6.1% in 2021: AMROWebAdminJune 22, 2021 by WebAdminJune 22, 2021 After a 5.4% contraction in the economy in 2020, Singapore’s economy is rebounding stronger... Read more
FeaturedIslamic FinanceUAE Islamic banks record 5% increase in assets in 2020: Central BankWebAdminJune 21, 2021June 21, 2021 by WebAdminJune 21, 2021June 21, 2021 The investment represents around 19% of the total banking assets... Read more
FeaturedTechnologyCentral Bank of Portugal grants licenses to two cryptocurrencies exchangesWebAdminJune 21, 2021 by WebAdminJune 21, 2021 The Central Bank of Portugal licensed Criptoloja and Mind the Coin will be functional and operative in the country... Read more
FeaturedFintechMFast bags $1.5 mn funding to expand its operations across VietnamWebAdminJune 21, 2021 by WebAdminJune 21, 2021 The company acquired $1.5 mn in a pre-series A funding round that was headed by DO ventures along with Jafco Asia... Read more
FeaturedOil & GasChina discovers new oil and gas in Xinjiang Uygur autonomous regionWebAdminJune 21, 2021 by WebAdminJune 21, 2021 Located in the Fuman Oilfield area, the well contains 1 bn ton of oil and gas... Read more