Alibaba’s logistics unit Cainiao launches China-South Korea freight route
Cainiao Network will run the service route between Shandong province in China and South Korea six times a week
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Saudi Arabia’s Ministry of Health approves Sinovac and Sinopharm Covid-19 vaccine
People who have been vaccinated with Sinovac or Sinopharm will be accepted in Saudi Arabia
Saudi Arabia’s IT sector to hit $27 bn in the next four years
IoT is predicted to grow by 26% of compound annual rate in the Kingdom
UK growth slows down due to staff shortage
Labor crisis has caused restaurants to close down and pushed back UK’s economic recovery
African fintech OPay raises $400 mn funding to expand in the Middle East
The latest funding round was led by Softbank
Visa joins the NFT bandwagon after buying CryptoPunk
Visa bought the company for $150,000 in Ethereum
Alder Properties launches the Magnolia at Yas Acres
Construction will begin in Q4 2021 and is expected to be completed in Q3 2024
China’s Three Gorges buys UAE’s wind, solar developer Alcazar
This deal will be backed by Mubadala Investment Company
Ionova Life Science secures $100 mn to fast track oncology drug research
The new round was jointly led by Tsing Song Funds and Shenzen Funds group
Citigroup announce changes in Brazil investment banking hierarchy
Citibank hired Claudia Guimaraes from Banco Bradesco for its investment banking team