UAE’s economy to contract by 4.5% in 2020: World Bank
Economy to recover and grow by 1.4% next year...
Category : Featured
Philippines-based fintech Ayannah announces merger with India’s ECAP
The new entity will be called Ayannah Global and will be headquartered in Singapore...
ZPMC delivers machineries to Brazil’s port despite pandemic
The Port of Salvador is the largest container port in the north of Brazil...
DIFC invests in four startups as part of $100 million fintech fund
The authority seeks to support companies looking to expand into the Middle East, Africa and South Asia...
South African banks under strain; sharpest decline in earnings
The banks are also forced to cut interest rates because of the pandemic...
UK’s AstraZeneca approaches rival Gilead for potential merger
Both companies are leading the fight against Covid-19 in their respective countries...
Singapore Airlines secures additional $1 bn in credit facilities
This is in addition to the $6.32 bn it raised from a rights issue, to deal with the COVID-19 crisis...
Abu Dhabi Investment Authority buys 1.16% stake in Jio for $752 mn
So far, Reliance has now sold just over 21% of Jio Platforms...
ECB announces new pandemic stimulus worth $676 bn to fight Covid-19
This takes the total pandemic stimulus to $1.52 trn...
Mubadala Investment to buy 1.85% stake in Reliance Jio for $1.21 bn
So far, Reliance has sold a combined 19% interest in Jio...