FeaturedOil & GasAramco to cut refinery runs to sustain high oil output through MayPritam BordoloiMarch 20, 2020 by Pritam BordoloiMarch 20, 2020 Aramco to continue supplying crude at a record rate of 12.3 bpd... Read more
EnergyFeaturedSaudi Electricity is set to launch new power generation subsidiaryInternational Finance Business DeskMarch 19, 2020 by International Finance Business DeskMarch 19, 2020 The company will focus on installing 10 million smart meters within 15 months... Read more
AviationFeaturedSouth African Airways cancels 162 flights till March endPritam BordoloiMarch 19, 2020 by Pritam BordoloiMarch 19, 2020 The carrier cancelled 38 international flights and 124 domestic flights... Read more
FeaturedInvestment and fundingKames Capital suspends property income funds over market uncertaintyInternational Finance Business DeskMarch 19, 2020March 19, 2020 by International Finance Business DeskMarch 19, 2020March 19, 2020 The company will focus on installing 10 million smart meters within 15 months... Read more
BankingFeaturedSingapore-based MatchMove led consortium to venture into digital bankingPritam BordoloiMarch 19, 2020 by Pritam BordoloiMarch 19, 2020 The fintech is teaming up with Singapura Finance and two others to apply for a digital banking licence... Read more
FeaturedOil & GasAdnoc awards contracts worth $1.65 bn for gas development projectsPritam BordoloiMarch 19, 2020 by Pritam BordoloiMarch 19, 2020 The contracts are awarded to Petrofac and a JV between Petrofac and Sapura Energy... Read more
BankingFeaturedAion Digital and Qarar partner to transform credit markets in MEInternational Finance Business DeskMarch 18, 2020 by International Finance Business DeskMarch 18, 2020 The partnership will enable traditional and challenger banks to offer instant financing to customers... Read more
AviationFeaturedIATA: Airlines need $250 bn bailout package to survive Covid-19 outbreakPritam BordoloiMarch 18, 2020March 19, 2020 by Pritam BordoloiMarch 18, 2020March 19, 2020 Global air travel down by 94 percent... Read more
AviationFeaturedAirbus to stop production in France and SpainInternational Finance Business DeskMarch 18, 2020 by International Finance Business DeskMarch 18, 2020 The planemaker will temporarily suspend production to implement stringent health and safety conditions... Read more
FeaturedFintechMubadala acquires a 3.4% stake in UK fintech FinablrPritam BordoloiMarch 18, 2020 by Pritam BordoloiMarch 18, 2020 The acquisition is made MIC Capital Partners, a fund owned by Mubadala Investment Company... Read more