Indonesia raises economic recovery budget to $49 bn
The budget for its National Economic Recovery (PEN) programme has been lifted several times now...
Category : Featured
China to build 30,000 5G base stations in Gansu province
Last year, the province had only 8509 base stations...
Kenya plans to switch its base currency to bitcoin
The central bank governor believes that bitcoin could actually help to fight the depreciating shilling...
Panoro signs $180 mn deal for Tullow Oil acquisition
It will acquire a 14.24 working interest in Equatorial Guinea’s Block G and a 10 percent working interest in Gabon’s Dussafu Marin permit...
Dubai-based fintech FlexxPay secures $3 mn funding
Investors that participated in the funding round include JIMCO, DIFC Fintech Fund and Wamda among other...
Japan approves Pfizer’s Covid-19 vaccine
The vaccination programme in Japan is expected to begin in the middle of next week...
Aircraft lessor Avolon announces $37 mn loss for 2020
The company leases a fleet of 850 aircraft to 142 airlines across the globe...
Saudi Arabia to launch new electronic instant payments system
The new payment system is designed to reduce the dependency on cash in the Kingdom...
Europe to see economic rebound by mid-year
The officials in a quarterly report said that the European economy is forecast to grow to reach 3.7 percent in 2021 and slightly better in 2022...
Egypt set to launch new oil and gas exploration bid round
Nine exploration and production agreements were signed prior to the bid announcement...