FeaturedOil & GasMubadala, OMW sign $4.68bn deal for Borealis acquisitionBharath KumarMarch 13, 2020March 18, 2020 by Bharath KumarMarch 13, 2020March 18, 2020 OMV will acquire 39 percent of Mubadala's stake in Borealis through the partnership... Read more
FeaturedHealthcareUAE healthtech Okadoc to expand into Saudi with $10 million fundingBharath KumarMarch 12, 2020March 18, 2020 by Bharath KumarMarch 12, 2020March 18, 2020 Okadoc has partnered with Dubai Healthcare City and onboarded some of the top healthcare providers in the country... Read more
FeaturedFintechEgyptian fintech Khazna secures funding from Algebra VenturesPritam BordoloiMarch 12, 2020March 12, 2020 by Pritam BordoloiMarch 12, 2020March 12, 2020 The startup will provide its services to 20 mn Egyptians who have access to a mobile phone but no access to financial services... Read more
AviationFeaturedEtihad to transfer all its Beijing flights to Daxing International Airport in JuneBharath KumarMarch 12, 2020March 18, 2020 by Bharath KumarMarch 12, 2020March 18, 2020 Flights to and from Abu Dhabi and Beijing, and flights to and from Beijing to Nagoya will be moved to Beijing's iconic airport in June... Read more
BankingFeaturedKenya’s Co-op Bank to acquire Jamii Bora as part of consolidation plansBharath KumarMarch 12, 2020March 18, 2020 by Bharath KumarMarch 12, 2020March 18, 2020 The acquisition will strengthen Co-op Bank asset base to over Sh 462 billion... Read more
FeaturedOil & GasAdnoc to supply over 4 mn bpd from April as global oil price plungesPritam BordoloiMarch 12, 2020March 12, 2020 by Pritam BordoloiMarch 12, 2020March 12, 2020 The oil giant is also speeding up its original target to produce 5 mn bpd of oil by 2030... Read more
EnergyFeaturedTotal to develop 25 MV solar projects in ThailandPritam BordoloiMarch 12, 2020 by Pritam BordoloiMarch 12, 2020 The company plans to produce more than 25 GW of renewable energy globally by 2025... Read more
FeaturedTelecomData falls: Vodacom to cut data price by 30% as part of social contractBharath KumarMarch 11, 2020March 18, 2020 by Bharath KumarMarch 11, 2020March 18, 2020 The Competition Commission has ordered the telecom giant to revise pricing on internet connectivity in South Africa... Read more
FeaturedLogisticsXPO to acquire Kuehne+Nagel’s non-core UK logistics assetsPritam BordoloiMarch 11, 2020March 11, 2020 by Pritam BordoloiMarch 11, 2020March 11, 2020 The deal is expected to close in the second half of this year... Read more
FeaturedPorts and ShippingDP World reduces business fees up to 70% in JafzaBharath KumarMarch 11, 2020March 18, 2020 by Bharath KumarMarch 11, 2020March 18, 2020 The move is in an effort to push ease of doing business in the UAE... Read more