EnergyFeaturedDEWA sets world record in saving water and electricityPritam BordoloiFebruary 10, 2020 by Pritam BordoloiFebruary 10, 2020 DEWA recorded 1.86 minutes in electricity customer minutes lost (CML) in Dubai... Read more
FeaturedHealthcareMubadala mulls buying Jadwa’s healthcare assets in UAEPritam BordoloiFebruary 7, 2020February 7, 2020 by Pritam BordoloiFebruary 7, 2020February 7, 2020 Mubadala is reportedly working on a deal with Rothschild... Read more
FeaturedTechnologySaudi Aramco buys shares in blockchain oil trading company VaktPritam BordoloiJanuary 29, 2020February 3, 2020 by Pritam BordoloiJanuary 29, 2020February 3, 2020 Aramco buys $5 mn in new shares which will be used to upgrade Vakt’s platform and also plan for expansion in SE Asia... Read more
FeaturedTechnologyStandard Chartered invests in Singapore blockchain platform ContourPritam BordoloiJanuary 29, 2020January 29, 2020 by Pritam BordoloiJanuary 29, 2020January 29, 2020 Contour aims at digitalising the letter of credit process... Read more
FeaturedTechnologyDubai blockchain market to reach Dh437 mn in 5 yearsPritam BordoloiJanuary 27, 2020January 28, 2020 by Pritam BordoloiJanuary 27, 2020January 28, 2020 The growth rate of Dubai’s blockchain market in 2018 was higher than the global average of 19%... Read more
FeaturedTechnologySingapore to digitalise trade, to collaborate with multiple MNCsPritam BordoloiJanuary 23, 2020 by Pritam BordoloiJanuary 23, 2020 The Singaporean government is teaming up with MasterCard, StanChart, DBS Bank and others... Read more
FintechUOB’s private equity unit co-leads S$42.2 mn funding of Thai fintechBharath KumarJanuary 10, 2020 by Bharath KumarJanuary 10, 2020 UOB was among the top three investors in the funding round for Lightnet... Read more
BankingMastercard, SABB partner to enhance international paymentsInternational Finance DeskDecember 18, 2019 by International Finance DeskDecember 18, 2019 SABB customers can send money to more than 100 countries through Mastercard Send for Cross-Border... Read more
FintechSoftBank invests $100 mn in Mexican fintech KonfioInternational Finance DeskDecember 4, 2019January 7, 2020 by International Finance DeskDecember 4, 2019January 7, 2020 This is Softbank’s third investment in Mexico reflecting its interest to promote new technologies... Read more
FintechChina fintech OneConnect skips HK, to raise $100 mn in US IPOPritam BordoloiNovember 15, 2019 by Pritam BordoloiNovember 15, 2019 The startup will list its shares either on the New York Stock Exchange or the Nasdaq Global Market... Read more