SE Asia ride hailing giants Grab and Gojek hold merger talks
Reportedly, Gojek wants a 50% stake in the new entity; however, Grab wants to hold a controlling stake...
Category : Featured
UAE-based telco Etisalat acquires German cybersecurity firm Help AG
Help AG acquisition will help Etisalat to protect its cloud, IoT, AI and big data line of business against sophisticated cyber threats...
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...
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...