Saudi Aramco plans $110 bn investment to develop Jafurah gas field
The field is estimated to have a gas volume of 200 trillion cubic feet...
Category : Featured
Nairobi’s Inland Container Depot sees 62.4% cargo growth
The growth is attributed to Kenya’s improved Standard Gauge Railway and port services...
Morgan Stanley to acquire online trading firm Etrade for $13 bn
The acquisition will allow Morgan Stanley to tap into Etrade’s 5.2 mn retail investors...
Samsung wins $952 mn contract to develop power plant in the UAE
Samsung and Marubeni will jointly develop the 2,400 MW combined cycle power plant in Fujairah...
Axiata in talks with 11 parties for digital banking licence in Malaysia
The digital bank could go online by mid-2021...
Barclays challenged by ShareAction to end fossil fuel investment
Barclays has been Europe’s biggest lender for fossil fuel projects since the 2015 Paris Climate Agreement...
Coronavirus epidemic could speed up the launch of digital yuan
Government has seized and quarantined old paper notes to prevent the spread of virus...
Coronavirus could see Asian airlines lose $27.8 bn in revenue
According to the International Air Transport Association, Chinese carriers alone could suffer losses of around $12.8 bn...
Global fintech deals fall by 4% as China suffers
3,472 fintech deals were recorded with a total value of $53.3 bn in 2019...
Safaricom might award contract to Huawei for its 5G rollout this year
Safaricom involving Huawei in its 5G network could hinder talks on a free trade agreement between the US and Kenya...