China seeks to increase ownership limit for foreign insurers
The move comes in an effort to open up the financial market to foreign investments...
Category : Featured
Mombasa port sees steady operations despite Covid-19 pandemic
The port has recorded 5.9 mn metric tonnes higher than the 5.7 mn metric tonnes target set for the period between January and February...
Kenya’s Ilara Health launches readiness package to tackle coronavirus
The package includes a Covid-19 health assessment tool and clinical decision support software...
Saudi Arabia-Russia agree to slash oil output and end the oil price war
The parties agreed to cut production by about 10 million barrels a day in May and June...
Beijing-based Ksher secures $10 mn in a fresh funding round
MindWorks Capital led the funding round for the Chinese fintech...
Dubai Petroleum, Shelf Drilling mutually agree to terminate contract early
The original termination of the contract was supposed to take place in January 2022...
Frasers Property temporarily shuts down assets in UK, Germany
Its decision to shut down the hotels in the two countries is in an effort to curb the Cover-19 pandemic...
DBS becomes the only non-Chinese bank for Haier’s digital financing
The bank and Haier's relief efforts in digital financing is aimed to help many businesses to cope with challenging times...
Petrobras discovers oil in the Campos basin offshore Brazil
The oil giant will conduct a thorough study of the well to better target exploratory activities in the area...
China’s Huayin Health secures $85 mn funding from GL Capital
The company will increase investment in talent cultivation, research cooperation with third-party institutions, and the application of AI technology...