AviationFeaturedEgypt set to resume regular commercial flight operationsInternational Finance Business DeskJune 15, 2020 by International Finance Business DeskJune 15, 2020 IATA estimates global airlines to lose $84.3 billion in 2020 and has projected a positive outlook for the industry in 2021... Read more
BankingFeaturedAbsa Bank restructures over 50,000 loan facilities for KenyansInternational Finance Business DeskJune 15, 2020 by International Finance Business DeskJune 15, 2020 Absa Bank's restructuring is part of its commitment to protect customers from the adverse effects of the coronavirus pandemic... Read more
FeaturedOil & GasAramco acquires 70% stake in SABIC for $69.1 bnPritam BordoloiJune 15, 2020 by Pritam BordoloiJune 15, 2020 The payments will be funded in part by four bonds issued by Aramco to the PIF... Read more
FeaturedTechnologyThailand-based proptech ZmyHome secures $1 mn fundingPritam BordoloiJune 15, 2020 by Pritam BordoloiJune 15, 2020 The funding round was led by led by South Korean VC firm BonAngels Venture Partners... Read more
EnergyFeaturedMainstream achieves 30% progress in Andes Renovables projectInternational Finance Business DeskJune 12, 2020 by International Finance Business DeskJune 12, 2020 The Andes Renovables project comprises construction of four renewable energy parks in Chile... Read more
BankingFeaturedGoldman Sachs temporarily closes Marcus for new UK customersInternational Finance Business DeskJune 12, 2020 by International Finance Business DeskJune 12, 2020 Since the start of the pandemic, deposits worth $5.1 billion flooded the account, with Marcus now holding an approximate total of $27 billion... Read more
FeaturedOil & GasGlobal investment in oil and gas to see 29% decline from last yearInternational Finance Business DeskJune 12, 2020 by International Finance Business DeskJune 12, 2020 On an estimate, energy companies will spend $383 billion this year on oil and gas drilling and pumping... Read more
EconomyFeaturedUAE central bank expects recovery of economic activities in H2Pritam BordoloiJune 12, 2020 by Pritam BordoloiJune 12, 2020 It also expects the stimulus packages announced by the government to have high impact... Read more
AviationFeaturedVietnam Airlines to resume international operations in JulyPritam BordoloiJune 12, 2020June 12, 2020 by Pritam BordoloiJune 12, 2020June 12, 2020 The carrier resumed all domestic operations earlier this month... Read more
EconomyFeaturedThailand’s economy to contract by 8.9% in 2020: ExpertsPritam BordoloiJune 12, 2020 by Pritam BordoloiJune 12, 2020 Productivity, confidence and consumer spending will remain low in the period ahead... Read more