FeaturedOil & GasGlobal oil demand will soar by a record 7 bpd in 2021:OPECPritam BordoloiJuly 15, 2020 by Pritam BordoloiJuly 15, 2020 Oil prices in 2020 have collapsed due to an oil price war and the coronavirus pandemic... Read more
EconomyFeaturedChina’s economy grew 2.5% in the second quarter despite Covid-19Pritam BordoloiJuly 15, 2020 by Pritam BordoloiJuly 15, 2020 Interestingly, China’s economy declined 6.8% in Q1... Read more
FeaturedFintechBankDhofar partners with Oman Air to launch payment gatewayPritam BordoloiJuly 14, 2020 by Pritam BordoloiJuly 14, 2020 The new service will enable the carrier's customers to process air tickets booking online using debit cards... Read more
AviationFeaturedCathay Pacific shareholders approve plan to raise $5 bn bailout packagePritam BordoloiJuly 14, 2020 by Pritam BordoloiJuly 14, 2020 The decision was made during a general meeting held on July 13... Read more
EconomyFeaturedSingapore’s GDP plunged 12.6% in the second quarterPritam BordoloiJuly 14, 2020July 14, 2020 by Pritam BordoloiJuly 14, 2020July 14, 2020 It is 8 percentage points higher than the 11.8% contraction expected by MAS... Read more
EnergyFeaturedJinkoSolar to supply 60.9 MW for Chile’s first renewable hybrid projectInternational Finance Business DeskJuly 13, 2020 by International Finance Business DeskJuly 13, 2020 The proposed hybrid plant will consist of a 60.9 MW PV plant and a 90 MW wind farm... Read more
FeaturedFintechThree quarter of smaller UK fintechs face cash crunchInternational Finance Business DeskJuly 13, 2020July 14, 2020 by International Finance Business DeskJuly 13, 2020July 14, 2020 A few fintechs are considering to diversify their revenue, while one-tenth plan to wind up their business... Read more
FeaturedFinanceNigeria, Kenya, South Africa sees 613 VC deals in 6 yearsInternational Finance Business DeskJuly 13, 2020 by International Finance Business DeskJuly 13, 2020 It is reported that 21 percent of venture capital deals were achieved by African-owned companies established outside the continent... Read more
FeaturedPorts and ShippingExpansion of DP World Sokhna’s Basin 2 in Egypt nears completionPritam BordoloiJuly 13, 2020 by Pritam BordoloiJuly 13, 2020 The project would result in 750,000 TEUs of added capacity... Read more
AviationFeaturedWizz Air Abu Dhabi to fly six new routes from October 2020Pritam BordoloiJuly 13, 2020July 13, 2020 by Pritam BordoloiJuly 13, 2020July 13, 2020 The carrier will fly two new Airbus A321neo aircraft... Read more