BankingFeaturedBanks will seek blockchain adoption in next three to five yearsBharath KumarFebruary 25, 2020March 18, 2020 by Bharath KumarFebruary 25, 2020March 18, 2020 JP Morgan in its report notes that blockchain is vital to fast payments and digital currency... Read more
BankingFeaturedTonik secures $6 mn funding to launch digital bank in the PhilippinesPritam BordoloiFebruary 25, 2020 by Pritam BordoloiFebruary 25, 2020 Investors who took part in the funding round include Insignia Ventures Partners and Credence partners... Read more
FeaturedTechnologySE Asia ride hailing giants Grab and Gojek hold merger talksPritam BordoloiFebruary 25, 2020 by Pritam BordoloiFebruary 25, 2020 Reportedly, Gojek wants a 50% stake in the new entity; however, Grab wants to hold a controlling stake... Read more
FeaturedTechnologyUAE-based telco Etisalat acquires German cybersecurity firm Help AGPritam BordoloiFebruary 24, 2020 by Pritam BordoloiFebruary 24, 2020 Help AG acquisition will help Etisalat to protect its cloud, IoT, AI and big data line of business against sophisticated cyber threats... Read more
FeaturedOil & GasSaudi Aramco plans $110 bn investment to develop Jafurah gas fieldBharath KumarFebruary 24, 2020March 18, 2020 by Bharath KumarFebruary 24, 2020March 18, 2020 The field is estimated to have a gas volume of 200 trillion cubic feet... Read more
FeaturedLogisticsNairobi’s Inland Container Depot sees 62.4% cargo growthBharath KumarFebruary 24, 2020March 18, 2020 by Bharath KumarFebruary 24, 2020March 18, 2020 The growth is attributed to Kenya’s improved Standard Gauge Railway and port services... Read more
BankingFeaturedMorgan Stanley to acquire online trading firm Etrade for $13 bnBharath KumarFebruary 24, 2020March 18, 2020 by Bharath KumarFebruary 24, 2020March 18, 2020 The acquisition will allow Morgan Stanley to tap into Etrade’s 5.2 mn retail investors... Read more
EnergyFeaturedSamsung wins $952 mn contract to develop power plant in the UAEPritam BordoloiFebruary 24, 2020 by Pritam BordoloiFebruary 24, 2020 Samsung and Marubeni will jointly develop the 2,400 MW combined cycle power plant in Fujairah... Read more
BankingFeaturedAxiata in talks with 11 parties for digital banking licence in MalaysiaPritam BordoloiFebruary 24, 2020February 24, 2020 by Pritam BordoloiFebruary 24, 2020February 24, 2020 The digital bank could go online by mid-2021... Read more
EnergyFeaturedBarclays challenged by ShareAction to end fossil fuel investmentBharath KumarFebruary 21, 2020March 18, 2020 by Bharath KumarFebruary 21, 2020March 18, 2020 Barclays has been Europe’s biggest lender for fossil fuel projects since the 2015 Paris Climate Agreement... Read more