FeaturedTechnologyAdnoc Distribution’s app sees 9 mn contactless transactionsPritam BordoloiMay 20, 2020 by Pritam BordoloiMay 20, 2020 Adnoc provides four secure contactless payment options through its smart application, including Mobile Pay and RFID... Read more
EconomyFeaturedHong Kong’s unemployment rate highest in over a decade at 5.2%Pritam BordoloiMay 20, 2020 by Pritam BordoloiMay 20, 2020 The underemployment rate hit 3.1%, the highest in more than 15 years... Read more
FeaturedFintechAnt Financial invests $73.5 mn in Myanmar fintech Wave MoneyPritam BordoloiMay 20, 2020 by Pritam BordoloiMay 20, 2020 Wave Money will use the funds to improve financial inclusion in Myanmar... Read more
FeaturedPorts and ShippingKPA offers extension period for free storage of cargo containersInternational Finance Business DeskMay 19, 2020May 19, 2020 by International Finance Business DeskMay 19, 2020May 19, 2020 Importers and exporters will face charges ranging between $30 and $90 per day for cargo at the port beyond the extension period... Read more
AviationFeaturedDnata, Etihad Airways partner to promote Abu DhabiInternational Finance Business DeskMay 19, 2020May 19, 2020 by International Finance Business DeskMay 19, 2020May 19, 2020 The new partnership will enable Dnata to gain a competitive advantage and develop an extensive portfolio of brands... Read more
FeaturedOil & GasTotal cancels plans to acquire Occidental’s Ghana assetsInternational Finance Business DeskMay 19, 2020May 19, 2020 by International Finance Business DeskMay 19, 2020May 19, 2020 Struggling market condition in part has led to cancellation of the deal... Read more
AviationFeaturedBritish Airways to take delivery of its first Boeing 787-10Pritam BordoloiMay 19, 2020 by Pritam BordoloiMay 19, 2020 The new Dreamliner variant will join the existing 787-8 and 787-9 aircraft that are already part of the carrier’s fleet... Read more
FeaturedFintechKoinWorks secures $10 mn funding to help SMEs raise funds onlinePritam BordoloiMay 19, 2020 by Pritam BordoloiMay 19, 2020 The funding round for KoinWorks was led by Lendable... Read more
FeaturedHealthcareSingapore-based healthtech Holmusk secures $21.5 mn fundingPritam BordoloiMay 19, 2020 by Pritam BordoloiMay 19, 2020 Holmusk will use the funds to invest in the Real-World Evidence platform to accelerate drug development and data-driven medicine... Read more
FeaturedFinanceOkolea International restructures loans for 40,000 clientsInternational Finance Business DeskMay 18, 2020May 19, 2020 by International Finance Business DeskMay 18, 2020May 19, 2020 Clients can receive up to Sh1 mn loans instantly into their banks accounts using the app... Read more