AviationFeaturedEtihad’s revamp push sees the carrier sell 38 aircraft for $1 bnPritam BordoloiFebruary 5, 2020 by Pritam BordoloiFebruary 5, 2020 The carrier will sell 22 Airbus A330s and 16 Boeing 777-300ERs to investment firm KKR and leasing firm Altavair AirFinance... Read more
FeaturedPorts and ShippingDP World handles 71.25 mn teu containers globally in 2019Pritam BordoloiFebruary 5, 2020 by Pritam BordoloiFebruary 5, 2020 The port operator handles volumes of 31.76 mn teu for APAC, 30.04 mn teu for Europe, MEA, and 9.45 mn teu for Americas and Australia... Read more
FeaturedInsuranceAmerican insurance firms invest RM31 bn in MalaysiaPritam BordoloiFebruary 5, 2020 by Pritam BordoloiFebruary 5, 2020 36% of the investments went into government bonds, 19% into infrastructure, and 7% into stocks... Read more
FeaturedOil & GasPetrobras and Chevron to sell 100% stake in the Papa-Terra oilfieldPritam BordoloiFebruary 4, 2020February 4, 2020 by Pritam BordoloiFebruary 4, 2020February 4, 2020 Petrobras owns 62.5% of the oilfield and Chevron holds the remain 37.5%... Read more
BankingFeaturedDeposits in Saudi Arabian banks increase by 7.3% in 2019Pritam BordoloiFebruary 4, 2020February 4, 2020 by Pritam BordoloiFebruary 4, 2020February 4, 2020 Savings and term deposits increase by 13.2% year-on-year in 2019 to SR 501.67 bn... Read more
FeaturedWealth ManagementGrab enters wealth management with Bento acquisitionPritam BordoloiFebruary 4, 2020February 20, 2020 by Pritam BordoloiFebruary 4, 2020February 20, 2020 Bento Invest will be rebranded as Grab Invest and new products will be available in Singapore by mid-2020... Read more
FeaturedTelecomMTN to invest $1.6 bn in Nigeria to boost connectivityPritam BordoloiFebruary 3, 2020February 3, 2020 by Pritam BordoloiFebruary 3, 2020February 3, 2020 This follows the Nigerian government’s decision to drop charges against MTN Group for alleged unpaid taxes worth $2 bn... Read more
FeaturedHealthcareUAE spearheading MEA’s smart hospitals marketPritam BordoloiFebruary 3, 2020February 3, 2020 by Pritam BordoloiFebruary 3, 2020February 3, 2020 According to experts, the market will be worth $2.1 bn by 2023... Read more
BankingFeaturedCIMB Philippines virtual bank provides AI-backed onboardingPritam BordoloiFebruary 3, 2020February 3, 2020 by Pritam BordoloiFebruary 3, 2020February 3, 2020 While the process earlier took more than 15 minutes, now it can be completed in less than five minutes... Read more
FeaturedReal EstateMasdar to launch UAE’s first ‘sustainable’ REITPritam BordoloiJanuary 31, 2020February 3, 2020 by Pritam BordoloiJanuary 31, 2020February 3, 2020 The sustainable real estate investment trust is expected to have an initial valuation between Dh950 mn and Dh1 bn... Read more