FeaturedHealthcareIFC’s new $4 bn initiative to strengthen healthcare production and supplyInternational Finance Business DeskJuly 30, 2020 by International Finance Business DeskJuly 30, 2020 The initiative is largely directed toward private sector projects which comprise manufacturing of sophisticated medical devices and vaccines... Read more
BankingFeaturedStandard Chartered to slash jobs on the back of profit dipInternational Finance Business DeskJuly 30, 2020 by International Finance Business DeskJuly 30, 2020 The bank has drafted a list of several hundred employees who will be eliminated as part of its cutback programme... Read more
FeaturedPorts and ShippingDP World to acquire 60% stake in South Korea-based Unico LogisticsPritam BordoloiJuly 30, 2020 by Pritam BordoloiJuly 30, 2020 The deal is expected to be completed in the fourth quarter of 2020... Read more
EnergyFeaturedSABIC to develop world’s first renewable energy powered chemical plantPritam BordoloiJuly 30, 2020 by Pritam BordoloiJuly 30, 2020 The plant will be built in Cartegena, Spain... Read more
AviationFeaturedAir Traffic will not return to pre-Covid-19 level before 2024: IATAPritam BordoloiJuly 30, 2020 by Pritam BordoloiJuly 30, 2020 Recovery in short-haul travel is still expected to happen faster than for long-haul travel... Read more
EnergyFeaturedRES4Africa Foundation, EACREEE partner to support renewable energyInternational Finance Business DeskJuly 29, 2020 by International Finance Business DeskJuly 29, 2020 The partnership between both organisations is anticipated to deepen with the signing of a MoU... Read more
BankingFeaturedFujitsu, BBVA collaborate to explore investment portfoliosInternational Finance Business DeskJuly 29, 2020July 29, 2020 by International Finance Business DeskJuly 29, 2020July 29, 2020 The IT firm seeks to determine whether Digital Annealer solution could exceed performance of traditional computing techniques in asset portfolio optimisation... Read more
FeaturedTechnologyDubai Economy and Emirates NBD to launch KYC blockchain platformPritam BordoloiJuly 29, 2020 by Pritam BordoloiJuly 29, 2020 The platform will facilitate secure digital customer onboarding and also instant bank account functionality... Read more
FeaturedFintechHong Kong-based fintech startup secures $20 mn fundingPritam BordoloiJuly 29, 2020July 29, 2020 by Pritam BordoloiJuly 29, 2020July 29, 2020 The funds will be used to accelerate its expansion plans... Read more
FeaturedWealth ManagementDigital wealth management platform StashAway secures $16 mn fundingPritam BordoloiJuly 29, 2020 by Pritam BordoloiJuly 29, 2020 The funding round was led by Australian venture capital firm Square Peg... Read more