FeaturedReal EstateGCC real estate investments reach $1 trillion by early 2020Bharath KumarMarch 4, 2020March 18, 2020 by Bharath KumarMarch 4, 2020March 18, 2020 The region’s real estate market is expected to rebound in 2020 or 2021... Read more
Business LeadersFeaturedUBS CEO Sergio Ermotti to become Swiss Re chairmanPritam BordoloiMarch 4, 2020 by Pritam BordoloiMarch 4, 2020 Sergio Ermotti is due to step down as chief executive of UBS Group in November... Read more
FeaturedTelecomMTN subscriber base reaches 64.3 mn in 2019Pritam BordoloiMarch 4, 2020 by Pritam BordoloiMarch 4, 2020 Active subscribers also rose to 25.2 million, representing a 34.9% increase from 2018... Read more
FeaturedInsuranceSouth Africa’s King Price buys Stangen, targets life insurancePritam BordoloiMarch 4, 2020 by Pritam BordoloiMarch 4, 2020 King Price bought Stangen from African Phoenix Investments for R140 mn... Read more
FeaturedHealthcareHealthcare investor Quadria raises $595 mn in second fund closingBharath KumarMarch 4, 2020March 18, 2020 by Bharath KumarMarch 4, 2020March 18, 2020 The amount raised in the second fund exceeded its initial target of $400 million... Read more
FeaturedInsuranceLloyd’s crypto-insurance policy to protect investors against hacksBharath KumarMarch 4, 2020March 18, 2020 by Bharath KumarMarch 4, 2020March 18, 2020 Lloyd's syndicate Atrium developed the policy in collaboration with Coincover... Read more
FeaturedLogisticsLocalisation of Kenya’s SGR operations reach 80%Bharath KumarMarch 3, 2020March 18, 2020 by Bharath KumarMarch 3, 2020March 18, 2020 The SGR line was launched in 2014 to connect Kenya, Uganda, Rwanda and South Sudan... Read more
FeaturedTechnologyNational Bank of Fujairah and Ripple to facilitate cross border paymentsPritam BordoloiMarch 3, 2020 by Pritam BordoloiMarch 3, 2020 The UAE-based bank will use RippleNet to facilitate remittance payments to India through Indus Ind Bank... Read more
BankingFeaturedHSBC combines wealth and retail banking to create new global businessBharath KumarMarch 3, 2020March 18, 2020 by Bharath KumarMarch 3, 2020March 18, 2020 The decision to merge its banking units comes as it prepares to slash 35,000 jobs globally... Read more
FeaturedLogisticsDubai’s logistics startup iMile secures $10 mn funding to expand in MEPritam BordoloiMarch 3, 2020March 3, 2020 by Pritam BordoloiMarch 3, 2020March 3, 2020 The round was led by an unnamed venture capital firm active in the Chinese logistics market... Read more