UK to enter recession after GDP slumps by 21%
The first quarter saw a decline in the economy by 2.2 %...
GBO Correspondent
Saudi company Elm to acquire Tabadul for an undisclosed amount
As a part of the deal, Elm will acquire 100 % shares...
Beike to raise $2 billion for its US IPO debut
Beike would be valued at the top of its IPO range at...
Access Bank takes over Namibian firm Cavmont Capital
As a part of the agreement, Capricorn will inject $300 million into...
Glencore scraps dividend after recording Q1 loss
The company has faced debt worth $3.2 billion due to the pandemic...
ICON Corporate Finance becomes lead advisor for Africa fintech deal
The deal is expected to boost Africa's mobile money development as it...
Oman, Tethys Oil ink exploration and production deal
Tethys Oil will carry out exploration in southern Oman...
MTN seeks to foray into Africa by ending its Middle Eastern operations
Currently, there are 257 MTN million customers in 21 countries...
England’s economic revival will take time: BoE
A 9.5 percent plunge in the economy is expected this year...
HSBC slashes bonus pool by $600 million in Q1
The bonus pool shrank despite a 55 percent surge in the bank’s...