FeaturedHealthcareSaudi German Hospitals opens first hospital in DammamBharath KumarMarch 6, 2020March 18, 2020 by Bharath KumarMarch 6, 2020March 18, 2020 It is Saudi German Hospitals’ 11th facility in the region, with a capacity of 300 beds... Read more
AviationFeaturedCoronavirus may lead to losses of $4.9 bn for Middle East airlinesPritam BordoloiMarch 6, 2020 by Pritam BordoloiMarch 6, 2020 With new coronavirus cases being reported in the Middle East, passenger numbers are expected to drop by 23%... Read more
FeaturedTelecomMalaysia’s telcos to enhance 4G connectivity ahead of 5G rolloutBharath KumarMarch 6, 2020March 18, 2020 by Bharath KumarMarch 6, 2020March 18, 2020 Celcom, Digi and Maxis sign an agreement for fibre infrastructure development... Read more
CurrencyFeaturedBahrain mulls issuing digital version of its currencyPritam BordoloiMarch 6, 2020 by Pritam BordoloiMarch 6, 2020 The Central Bank of Bahrain is conducting a study on the possibilities... Read more
BankingFeaturedMaruhan Japan Bank seeks to become the most trusted bank in LaosBharath KumarMarch 6, 2020March 18, 2020 by Bharath KumarMarch 6, 2020March 18, 2020 The bank plans to drive financial inclusion and deliver premium customer services through automation and digitisation... Read more
AviationFeatured2020: Coronvairus to see African airlines lose $40 mn in revenuePritam BordoloiMarch 5, 2020 by Pritam BordoloiMarch 5, 2020 Many African airlines such as EgyptAir, RwandAir and Kenya Airways have suspended flights to China... Read more
BankingFeaturedEmirates NBD reduces transaction fees in line with the UAE’s coronavirus initiativesBharath KumarMarch 5, 2020March 18, 2020 by Bharath KumarMarch 5, 2020March 18, 2020 These measures are being implemented to mitigate economic impact caused by the coronavirus epidemic... Read more
FeaturedOil & GasSaudi urges Opec+ to cut 1.5 mn bpd as coronavirus affects oil demandBharath KumarMarch 5, 2020March 18, 2020 by Bharath KumarMarch 5, 2020March 18, 2020 the Kingdom has pushed for a larger cut compared to Goldman Sach’s recommendation of 600,000 to I mn bpd... Read more
EnergyFeaturedUAE is first Mideast country to produce nuclear energyPritam BordoloiMarch 5, 2020 by Pritam BordoloiMarch 5, 2020 UAE officially starts power operation at the Barakah nuclear power plant... Read more
BankingFeaturedPhilippines’ first digital bank Tonik to go live in JulyPritam BordoloiMarch 5, 2020 by Pritam BordoloiMarch 5, 2020 Tonik is 60% owned by Tonik Financial while the remaining 40% is owned by two Singaporean family offices... Read more