FinanceChina-based fintech Tencent acquires 5% stake in AfterpayGBO CorrespondentMay 4, 2020 GBO CorrespondentMay 4, 2020 Afterpay’s stock soared more than 35 percent as a result of the...
Top StoriesEquity Bank waives mobile banking transaction fees up to June 30GBO CorrespondentMay 1, 2020 GBO CorrespondentMay 1, 2020 The bank's measures are aligned with the Central Bank of Kenya...
Top StoriesDEWA signs 25-year agreement for 5th phase of Dubai solar parkGBO CorrespondentMay 1, 2020 GBO CorrespondentMay 1, 2020 The agreement is in line with Dubai’s plan to achieve the Dubai...
Top StoriesOil prices might take a massive hit; drop to zero before rebound in 2021GBO CorrespondentApril 30, 2020 GBO CorrespondentApril 30, 2020 Brent prices are expected to range anywhere between $50 and $75 per...
EnergyOman’s flagship petrochemical project nears completionGBO CorrespondentApril 30, 2020 GBO CorrespondentApril 30, 2020 Recently, Oman Oil & Orpic Group announced the completion of a key...
Top StoriesGlobal aviation industry faces cargo capacity shortage: IATAGBO CorrespondentApril 29, 2020 GBO CorrespondentApril 29, 2020 IATA notes that there is a sharp fall in cargo capacity pointing...
Top StoriesMTN Nigeria expands 4G coverage, gains market shareGBO CorrespondentApril 29, 2020 GBO CorrespondentApril 29, 2020 MTN Nigeria added 4.2-million subscribers during Q1 2020...
Top StoriesIDB Invest, Mexican Business Council to offer SMB loans up to $12 bn annuallyGBO CorrespondentApril 28, 2020 GBO CorrespondentApril 28, 2020 Both companies have urged local commercial banks, international investors and development banks to...
EnergyEgypt to invest $114 mn to upgrade electricity network in 2021GBO CorrespondentApril 28, 2020 GBO CorrespondentApril 28, 2020 The investment is for the Sinai and Suez Canal regions and Sharqeya...
EnergyQatar Petroleum reserves LNG ship construction capacity in ChinaGBO CorrespondentApril 27, 2020 GBO CorrespondentApril 27, 2020 Qatar will utilise it for its future LNG carrier fleet requirements...