FeaturedOil & GasSingapore’s KrisEnergy sells 30% Andaman II stake to BP for $15 mnInternational Finance Business DeskApril 8, 2020April 8, 2020 by International Finance Business DeskApril 8, 2020April 8, 2020 The Andaman II PSC is an exploration block over the North Sumatra Basin spanning 7,400 square kilometre... Read more
FeaturedLogisticsLogistics startup kwik secures funding to scale up in NigeriaInternational Finance Business DeskApril 8, 2020 by International Finance Business DeskApril 8, 2020 Founder of French video games company Ubisoft invested in the Lagos-based startup... Read more
AviationFeaturedGSV offers to buy ailing Malaysia Airlines for $2.5 bnInternational Finance Business DeskApril 8, 2020 by International Finance Business DeskApril 8, 2020 A European bank has reportedly agreed to fund the deal... Read more
FeaturedFintechHong Kong-based fintech Neat secures $11 mn funding to fuel expansionInternational Finance Business DeskApril 8, 2020 by International Finance Business DeskApril 8, 2020 Investors who took part in the funding round includes Pacific Century, Visa and MassMutual Ventures... Read more
FeaturedTelecomSafaricom, Vodacom complete M-Pesa acquisitionInternational Finance Business DeskApril 7, 2020 by International Finance Business DeskApril 7, 2020 The telcos completed the acquisition of the M-PESA brand, along with its product development and support services from Vodafone Group... Read more
FeaturedTechnologyChina to increase R&D for digital yuan: central bankInternational Finance Business DeskApril 7, 2020 by International Finance Business DeskApril 7, 2020 The same was discussed during the recently held 2020 national telecom conference... Read more
FeaturedFintechHuawei launches its payment services in SingaporeInternational Finance Business DeskApril 7, 2020 by International Finance Business DeskApril 7, 2020 The new service is being launched in partnership with UnionPay... Read more
FeaturedReal EstateTikehau Capital, City Developments raise stake in IREIT GlobalInternational Finance Business DeskApril 7, 2020 by International Finance Business DeskApril 7, 2020 The two companies will jointly acquire a 26.04 percent stake in IREIT Global... Read more
FeaturedReal EstateEmaar donates $27 million to Social Solidarity Fund to fight Covid-19International Finance Business DeskApril 6, 2020April 6, 2020 by International Finance Business DeskApril 6, 2020April 6, 2020 Emaar has donated the amount to the Social Solidarity Fund launched by Dubai Islamic Affairs and Charitable Work Department... Read more
AviationFeaturedAirlines in UAE could lose $5.36 bn in revenue due to coronavirusInternational Finance Business DeskApril 6, 2020 by International Finance Business DeskApril 6, 2020 IATA reports that around 287,863 jobs could be cut in the UAE aviation sector... Read more