FeaturedFintechSouth African fintech Planet42 secures $2.4 mn fundingPritam BordoloiJune 16, 2020 by Pritam BordoloiJune 16, 2020 The startup will use the funds to expand its portfolio of vehicles... Read more
FeaturedHealthcareEgyptian healthtech Chefaa secures pre-Series A fundingPritam BordoloiJune 16, 2020 by Pritam BordoloiJune 16, 2020 The funding round was led by 500 Startups, Vision Ventures, Womena, and few other investors... Read more
EconomyFeaturedUK economy to shrink by 8% in 2020: ReportsPritam BordoloiJune 16, 2020 by Pritam BordoloiJune 16, 2020 Official figures showed Britain’s economy shrank by a record 20.4% in April... Read more
FeaturedFintechSingapore fintech Fincy raises $11 mn from GBCI VenturesInternational Finance Business DeskJune 16, 2020June 16, 2020 by International Finance Business DeskJune 16, 2020June 16, 2020 The startup is active in contactless mobile payments in mobile payments in Phnom Penh, Cambodia... Read more
FeaturedOil & GasMiddle East energy investments to see sharp decline to $792 bnInternational Finance Business DeskJune 16, 2020June 16, 2020 by International Finance Business DeskJune 16, 2020June 16, 2020 Thee sector will see a $173 mn decline during the period between 2020 and 2024... Read more
FeaturedPorts and ShippingAbu Dhabi Terminals, ATCUAE partner to promote trade and transportInternational Finance Business DeskJune 16, 2020June 16, 2020 by International Finance Business DeskJune 16, 2020June 16, 2020 The partnership will strengthen the International Road Transport System for all stakeholders... Read more
AviationFeaturedEgypt set to resume regular commercial flight operationsInternational Finance Business DeskJune 15, 2020 by International Finance Business DeskJune 15, 2020 IATA estimates global airlines to lose $84.3 billion in 2020 and has projected a positive outlook for the industry in 2021... Read more
BankingFeaturedAbsa Bank restructures over 50,000 loan facilities for KenyansInternational Finance Business DeskJune 15, 2020 by International Finance Business DeskJune 15, 2020 Absa Bank's restructuring is part of its commitment to protect customers from the adverse effects of the coronavirus pandemic... Read more
FeaturedOil & GasAramco acquires 70% stake in SABIC for $69.1 bnPritam BordoloiJune 15, 2020 by Pritam BordoloiJune 15, 2020 The payments will be funded in part by four bonds issued by Aramco to the PIF... Read more
FeaturedTechnologyThailand-based proptech ZmyHome secures $1 mn fundingPritam BordoloiJune 15, 2020 by Pritam BordoloiJune 15, 2020 The funding round was led by led by South Korean VC firm BonAngels Venture Partners... Read more