British fintech Revolut secures $500 mn funding to fuel expansion
The UK startup digital bank is now valued at $5.5 bn...
Category : Featured
DP World acquires Fraser Surrey Docks to strengthen footprint in Canada
It operates three terminals on Canada’s West Coast, establishing a gateway between Asia and the Pacific NorthWest...
Banks will seek blockchain adoption in next three to five years
JP Morgan in its report notes that blockchain is vital to fast payments and digital currency...
Tonik secures $6 mn funding to launch digital bank in the Philippines
Investors who took part in the funding round include Insignia Ventures Partners and Credence partners...
SE Asia ride hailing giants Grab and Gojek hold merger talks
Reportedly, Gojek wants a 50% stake in the new entity; however, Grab wants to hold a controlling stake...
UAE-based telco Etisalat acquires German cybersecurity firm Help AG
Help AG acquisition will help Etisalat to protect its cloud, IoT, AI and big data line of business against sophisticated cyber threats...
Saudi Aramco plans $110 bn investment to develop Jafurah gas field
The field is estimated to have a gas volume of 200 trillion cubic feet...
Nairobi’s Inland Container Depot sees 62.4% cargo growth
The growth is attributed to Kenya’s improved Standard Gauge Railway and port services...
Morgan Stanley to acquire online trading firm Etrade for $13 bn
The acquisition will allow Morgan Stanley to tap into Etrade’s 5.2 mn retail investors...
Samsung wins $952 mn contract to develop power plant in the UAE
Samsung and Marubeni will jointly develop the 2,400 MW combined cycle power plant in Fujairah...