FeaturedFintechBahrain’s GFH acquires 70% stake in Dubai fintech MarshalPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%... Read more
FeaturedTechnologyMUFG to invest over $700 mn in Singapore’s GrabPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 Both parties will jointly develop financial services such as insurance which will be available on Grab’s app... Read more
EnergyFeatured2025: Saudi Arabia to invest $30 bn in renewable energyPritam BordoloiFebruary 19, 2020 by Pritam BordoloiFebruary 19, 2020 The investment is also expected to create additional jobs and boost local manufacturing... Read more
FeaturedTradingGCC: IPOs in Q42019 raises $26 bnPritam BordoloiFebruary 19, 2020February 19, 2020 by Pritam BordoloiFebruary 19, 2020February 19, 2020 Saudi Aramco’s IPO alone raised around $25.6 bn... Read more
FeaturedLogisticsCambodian logitech ShopRunBack secures $900K funding for SE expansionPritam BordoloiFebruary 19, 2020February 19, 2020 by Pritam BordoloiFebruary 19, 2020February 19, 2020 Investors that participated in the funding round include OBOR Capital and Negocia Ventures... Read more
FeaturedInsuranceGreat Eastern, Generali become potential bidders for Axa-AffinBharath KumarFebruary 19, 2020March 18, 2020 by Bharath KumarFebruary 19, 2020March 18, 2020 The first round of bidding is expected to be wrapped up by the end of next month... Read more
FeaturedShipping and PortsDP World to delist from Nasdaq Dubai to focus on long-term strategyBharath KumarFebruary 18, 2020March 18, 2020 by Bharath KumarFebruary 18, 2020March 18, 2020 Parent company Port and Free Zone World will acquire DP World’s 19.55 percent shares traded on the exchange... Read more
EconomyFeaturedJapan’s GDP contracts first time in six years due to sales tax hikeBharath KumarFebruary 18, 2020March 18, 2020 by Bharath KumarFebruary 18, 2020March 18, 2020 Japan’s GDP contracted an annualised 6.3 percent during the period from October to December 2019... Read more
AviationFeaturedWorld’s top aircraft buyers persuade EU to approve Boeing-Embraer dealBharath KumarFebruary 17, 2020March 18, 2020 by Bharath KumarFebruary 17, 2020March 18, 2020 Aircraft buyers are concerned that Embraer’s business might struggle on the back of Airbus’ recent strategic acquisitions... Read more
BankingFeaturedSoftBank targets Latin America with additional $1 billion fundBharath KumarFebruary 17, 2020March 18, 2020 by Bharath KumarFebruary 17, 2020March 18, 2020 SoftBank will target ecommerce, healthcare, fintech, mobility and insurance startups in the region... Read more