British fintech Revolut secures $500 mn funding to fuel expansionPritam BordoloiFebruary 25, 2020 by Pritam BordoloiFebruary 25, 2020 The UK startup digital bank is now valued at $5.5 bn... Read more
DP World acquires Fraser Surrey Docks to strengthen footprint in CanadaInternational FinanceFebruary 25, 2020March 18, 2020 by International FinanceFebruary 25, 2020March 18, 2020 It operates three terminals on Canada’s West Coast, establishing a gateway between Asia and the Pacific NorthWest... Read more
Banks will seek blockchain adoption in next three to five yearsInternational FinanceFebruary 25, 2020March 18, 2020 by International FinanceFebruary 25, 2020March 18, 2020 JP Morgan in its report notes that blockchain is vital to fast payments and digital currency... Read more
Tonik secures $6 mn funding to launch digital bank in the PhilippinesPritam BordoloiFebruary 25, 2020 by Pritam BordoloiFebruary 25, 2020 Investors who took part in the funding round include Insignia Ventures Partners and Credence partners... Read more
SE Asia ride hailing giants Grab and Gojek hold merger talksPritam BordoloiFebruary 25, 2020 by Pritam BordoloiFebruary 25, 2020 Reportedly, Gojek wants a 50% stake in the new entity; however, Grab wants to hold a controlling stake... Read more
UAE-based telco Etisalat acquires German cybersecurity firm Help AGPritam BordoloiFebruary 24, 2020 by Pritam BordoloiFebruary 24, 2020 Help AG acquisition will help Etisalat to protect its cloud, IoT, AI and big data line of business against sophisticated cyber threats... Read more
Saudi Aramco plans $110 bn investment to develop Jafurah gas fieldInternational FinanceFebruary 24, 2020March 18, 2020 by International FinanceFebruary 24, 2020March 18, 2020 The field is estimated to have a gas volume of 200 trillion cubic feet... Read more
Nairobi’s Inland Container Depot sees 62.4% cargo growthInternational FinanceFebruary 24, 2020March 18, 2020 by International FinanceFebruary 24, 2020March 18, 2020 The growth is attributed to Kenya’s improved Standard Gauge Railway and port services... Read more
Morgan Stanley to acquire online trading firm Etrade for $13 bnInternational FinanceFebruary 24, 2020March 18, 2020 by International FinanceFebruary 24, 2020March 18, 2020 The acquisition will allow Morgan Stanley to tap into Etrade’s 5.2 mn retail investors... Read more
Samsung wins $952 mn contract to develop power plant in the UAEPritam BordoloiFebruary 24, 2020 by Pritam BordoloiFebruary 24, 2020 Samsung and Marubeni will jointly develop the 2,400 MW combined cycle power plant in Fujairah... Read more