Cathay Airways set to receive $5 billion lifeline to avoid collapse
The struggling airline will sell HK$19.5 billion of preference shares along with HK$1.95 billion of warrants to the government...
Category : Featured
EnergyPro to raise $2.5 mn to foray into India’s energy market
India is a prime market for energy efficiency programmes — and seeks to reduce carbon emissions footprint by 33.5 percent by 2030...
Saudi Arabia uses blockchain to transfer funds into local banks
The move was a part of the Saudi central bank’s plan to explore latest technological innovation...
UAE-based Fintech TPAY Mobile acquires 100% stake in Turkey’s Payguru
The deal is subject to the approval of the Central Bank of the Republic of Turkey and the Competition Authority...
Vietnamese fintech F88 secures $6 mn funding for expansion
F88’s investors include Mekong Enterprise Fund III and Granite Oak...
Ripple introduces UK’s first consumer-owned wind farm
For consumers, owing a small part of a large-scale project could be up to 75 percent cheaper than investing in rooftop solar...
Petroleum dealers in Africa hoard fuel products
The Energy and Petroleum Regulatory Authority has issued a warning with financial penalties, jail terms and permanent revocation of licences...
Bank of America acquires 1.51% stake in Emirates NBD
The deal is expected to cost around Dh900 mn...
Vietnam-based proptech Propzy secures $25 mn funding
The funding round led by real estate private equity firm Gaw Capital and SoftBank Ventures Asia...
Singapore-based fintech Wallex secures funding for expansion
The startup will also use the funds to enhance its core offerings...