AviationFeaturedThai Airways appoints new president, to let go 5% of employeesPritam BordoloiJuly 2, 2020 by Pritam BordoloiJuly 2, 2020 Thai Airways has appointed Chansin Treenuchagron as acting president... Read more
FeaturedTechnologyRobotics startup Botsync secures funding for scaling automation solutionPritam BordoloiJuly 2, 2020 by Pritam BordoloiJuly 2, 2020 The funding round was led by Wong Fong Industries, Seeds Capital, Angelhub and Artesian Venture Partners... Read more
EnergyFeaturedJubilee acquires 9.44% stake in Bujagali EnergyInternational Finance Business DeskJuly 1, 2020 by International Finance Business DeskJuly 1, 2020 The stake purchase was made from SN Power for $40 million... Read more
BankingFeaturedFamily Bank, Isuzu East Africa support SMEs with 95% financing payableInternational Finance Business DeskJuly 1, 2020 by International Finance Business DeskJuly 1, 2020 It is reported that the financing payable is within 60 months on a 90-days repayment holiday... Read more
FeaturedReal EstateUK lifts restrictions on real estate to resume market activitiesInternational Finance Business DeskJuly 1, 2020 by International Finance Business DeskJuly 1, 2020 Reopening of the domestic real estate market is anticipated to boost economic confidence and move stalled transactions... Read more
FeaturedOil & GasShell to write off assets worth up to $22 bn due to Covid-19Pritam BordoloiJuly 1, 2020 by Pritam BordoloiJuly 1, 2020 Shell expects a 40% drop in sales in the second quarter... Read more
EconomyFeaturedDubai’s GDP declines 3.5% in first quarter year-on-yearPritam BordoloiJuly 1, 2020 by Pritam BordoloiJuly 1, 2020 Real estate activity registered a growth of 3.7% in Q1 2020... Read more
AviationFeaturedAirbus to let go around 15000 employees as pandemic hits businessPritam BordoloiJuly 1, 2020 by Pritam BordoloiJuly 1, 2020 Most of the layoffs are expected to be in Europe... Read more
EnergyFeaturedAnglo American to purchase Brazil’s Casa dos Ventos’ wind powerInternational Finance Business DeskJune 30, 2020 by International Finance Business DeskJune 30, 2020 The 20-year power purchase agreement will commence in 2022... Read more
FeaturedTelecomKenya extends free mobile money transactions for cashless paymentsInternational Finance Business DeskJune 30, 2020June 30, 2020 by International Finance Business DeskJune 30, 2020June 30, 2020 For that reason, the central bank has extended free mobile money transactions less than Sh1,000... Read more