Azul focuses on having 100% next-generation aircraft by 2026
The airline will use planes such as the Embraer E2, Airbus A320neos, and A321neos for commercial service
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Greece and Saudi Arabia sign major maritime transport deal
The deal includes developing commercial maritime navigation and increasing the traffic of commercial ships
Rapyd acquires Hong-Kong based Neat to expand SME trade capabilities across Asia
By integrating Neat into the network, some SMEs will be able to incorporate new businesses in minutes
Africa Blockchain Lab raises $6mn to bring innovation to Africa
The company will use these funds to launch its crypto wallet VIBRA
Bawabat Al Sharq Mall’s CSR initiatives wins international recognition
The mall was awarded the Best Shopping Mall: CSR Initiatives in the UAE at Global Business Outlook Awards 2021
ADNOC and Reliance invests $2bn for chemicals in JV
This is going to be Reliance’s first investment in the MENA region
Visa and Belvo announces strategic partnership for open finance offerings
In June, Visa announced that it has participated in Belvo’s $43 million Series A funding
UAE’s non-oil economy registered solid growth in November
This growth is the strongest in the last two-and-a-half years
Bitcoin returns to $50,000 after the market comes back to balance
Bitcoin rose 1.5% after firming overnight in line with equity markets and other assets
Revolut received a CMS license from the Monetary Authority of Singapore
The company is also looking forward to implementing its stock trading feature during the first half of 2022