Aramco mulls selling pipeline stake to raise cash
Aramco needs cash to deal with the slump in oil prices and the coronavirus pandemic...
Category : Featured
Singapore’s Doctor Anywhere secures $27 mn funding for expansion
Investors who took part in the funding round include Australian VC fund Square Peg, EDBI, and IHH Healthcare...
Gulf airlines see 20% spike in cargo demand for essential supplies
Mainly, food and medical supplies are in great demand globally...
Saudi Arabia to develop $1.8 bn chemical plant in the kingdom
The project will be developed by Saudi Arabia’s Advanced Petrochemicals and South Korea’s SK Gas Petrochemical...
Coronavirus, oil price war take its toll on African oil producers
Recently, Congo reached out to OPEC for an emergency meeting to find a way to keep member nations from sinking into recession...
Dubai’s Limitless seeks legal and financial advisory for restructuring plan
The firm’s discussion with legal and financial advisors are in the final stages to work on the plan...
China injects $7.1 bn into its banking system, cuts interest rates
The central bank reduced the interest rate on 7-day reverse repurchase agreements to 2.2% from 2.4%...
South African Airways suspends all operations amid Coronavirus pandemic
The carrier has suspended both international and domestic flights until May 31...
LSE waives of registration fees for market makers to deal with coronavirus
The stock exchange also allowed companies listed on its market to defer payment of dividends for up to 30 days...
Singapore Airlines raises S$19 bn to survive the coronavirus crisis
The airlines’ biggest shareholder Temasek will underwrite the sale of shares and convertible bonds for up to S$15 bn...