EnergyFeaturedKenya seeks to increase efforts in renewable energyInternational Finance Business DeskApril 24, 2020 by International Finance Business DeskApril 24, 2020 Currently, Kenya records total hydropower capacity of 743 megawatts... Read more
AviationFeaturedCovid-19 could result in 400,000 jobs losses in UAE’s aviation industryInternational Finance Business DeskApril 24, 2020April 24, 2020 by International Finance Business DeskApril 24, 2020April 24, 2020 IATA believes job losses in the UAE’s aviation industry will be the highest compared to other Gulf nations... Read more
FeaturedInsuranceSingapore’s Insurtech Axinan raises funding, rebrands as IglooInternational Finance Business DeskApril 24, 2020April 24, 2020 by International Finance Business DeskApril 24, 2020April 24, 2020 InVent, Openspace Ventures, Linear Capital, Singtel Innov8, Cathay Innovation, and Partech Partners participated in the funding round... Read more
EconomyFeaturedTrade between China and Africa drops by 14% during Q1 2020International Finance Business DeskApril 24, 2020 by International Finance Business DeskApril 24, 2020 Chinese exports to African nations decreased by 10.5% due to the coronavirus pandemic... Read more
FeaturedFinanceChina Everbright launches fund to support Belt and Road InitiativeInternational Finance Business DeskApril 24, 2020April 24, 2020 by International Finance Business DeskApril 24, 2020April 24, 2020 The Everbright Belt & Road Green fund aims to attract $2.8 bn in investments to support green finance under the initiative... Read more
FeaturedTechnologySK Hynix expect chip demand to remain volatile during the pandemicInternational Finance Business DeskApril 23, 2020 by International Finance Business DeskApril 23, 2020 In the first quarter, the company reported operating profit of 800 bn won... Read more
EconomyFeaturedSaudi Arabia hosts digital G20 business chief meetingInternational Finance Business DeskApril 23, 2020April 23, 2020 by International Finance Business DeskApril 23, 2020April 23, 2020 The leaders discussed strategies for the post-pandemic period... Read more
FeaturedOil & GasSinopec to acquire stake in Hin Leong’s partially owned oil storage terminalInternational Finance Business DeskApril 23, 2020 by International Finance Business DeskApril 23, 2020 In 2016, a stake sale in the terminal valued it entirely at more than US$1.5 bn... Read more
EnergyFeaturedExxon begins development of $10 bn petrochemical complex in ChinaInternational Finance Business DeskApril 23, 2020April 23, 2020 by International Finance Business DeskApril 23, 2020April 23, 2020 The complex will produce 1.6 mn tonnes of ethylene annually once operations commence... Read more
FeaturedFinanceCMA warns investors in Kenya to avoid investing through unlicenced firmsInternational Finance Business DeskApril 23, 2020 by International Finance Business DeskApril 23, 2020 Cytonn Asset Management is the only licenced firm to function as a fund manager and a Real Estate Investment Trust (REIT) manager... Read more