EconomyTop StoriesUAE’s non-oil economy registered solid growth in NovemberGBO CorrespondentDecember 7, 2021 GBO CorrespondentDecember 7, 2021 This growth is the strongest in the last two-and-a-half years...
CurrencyTop StoriesBitcoin returns to $50,000 after the market comes back to balanceGBO CorrespondentDecember 7, 2021December 7, 2021 GBO CorrespondentDecember 7, 2021December 7, 2021 Bitcoin rose 1.5% after firming overnight in line with equity markets and...
FintechTop StoriesRevolut received a CMS license from the Monetary Authority of SingaporeGBO CorrespondentDecember 7, 2021 GBO CorrespondentDecember 7, 2021 The company is also looking forward to implementing its stock trading feature...
Banking and FinanceTop StoriesCentral Bank of Bahrain offers a digital payments platformGBO CorrespondentDecember 6, 2021December 6, 2021 GBO CorrespondentDecember 6, 2021December 6, 2021 The bank plans to offer a digital Dinar which is expected to...
Oil and GasTop StoriesEgypt to launch natural gas-powered buses in 2022GBO CorrespondentDecember 6, 2021 GBO CorrespondentDecember 6, 2021 Production of the bus fleets is expected to begin in mid-2022...
EnergyTop StoriesACWA Power signs MoU with Natixis for projects worth $2 bnGBO CorrespondentDecember 6, 2021 GBO CorrespondentDecember 6, 2021 Natixis has previously underwritten a number of ACWA projects, including the Sakaka...
Business LeadersTop StoriesAlibaba appoints new CFO amidst reshuffling of e-commerce leadershipGBO CorrespondentDecember 6, 2021 GBO CorrespondentDecember 6, 2021 Toby Xu will succeed Maggie Wu as the company’s CFO from April...
FintechTop StoriesSaudi Aramco’s Wa’ed invests $5.5 mn in fintech LamaaGBO CorrespondentDecember 3, 2021 GBO CorrespondentDecember 3, 2021 Lamaa will use these funds to boost its trading platform and fuel...
FintechTop StoriesMicrosoft and BNPL provider Zip announces new partnershipGBO CorrespondentDecember 3, 2021 GBO CorrespondentDecember 3, 2021 The Zip option on the Edge browsers will let users enter an...
HealthcareTop StoriesGFH Financial group acquires medical offices in the US worth $200 mnGBO CorrespondentDecember 2, 2021 GBO CorrespondentDecember 2, 2021 This deal increases the value of the company’s healthcare portfolio to $400...