Top StoriesAfrican banks suffer due to a surge in bad loans provisionGBO CorrespondentNovember 25, 2020 GBO CorrespondentNovember 25, 202001209 KCB’s net profit slumped 43 percent to $109 million in the first nine months compared to $192 million in the period last year
Top StoriesGermany’s economy rebounds as GDP soars in Q3GBO CorrespondentNovember 25, 2020 GBO CorrespondentNovember 25, 202001386 Higher household spending and soaring exports have supported the country's economic recovery
Top StoriesJade Merchant Bank acquires 150,000-sq-ft property from BAE SystemsGBO CorrespondentNovember 25, 2020 GBO CorrespondentNovember 25, 202001900 The property is suitable for both commercial offices and R&D space and is very well designed for tenants
Top StoriesDubai-based startup Distichain plans to foray into Australia and the USGBO CorrespondentNovember 25, 2020 GBO CorrespondentNovember 25, 202001223 The platform in the US is expected to be launched in partnership with HotelSupplyB2B.com
Top StoriesdHedge receives funds worth $1.15 mn from Framework Ventures, othersGBO CorrespondentNovember 24, 2020 GBO CorrespondentNovember 24, 202001367 There will be 33 fund managers operating in the platform in the initial stage
Top StoriesSouth Africa’s Pick n Pay launches MVNO service called PnP MobileGBO CorrespondentNovember 24, 2020 GBO CorrespondentNovember 24, 202001556 The customers will be rewarded with 250 MB to 2.5 GB of data every month
Top StoriesBrazil’s economy shows signs of rebound in Q3GBO CorrespondentNovember 24, 2020 GBO CorrespondentNovember 24, 202001492 The GDP of South America’s number one economy has surged a record 9 percent in the third quarter
Top StoriesSamsung Heavy Industries secures $2.5 billion major ship block dealGBO CorrespondentNovember 24, 2020 GBO CorrespondentNovember 24, 202001515 The equipment and the ship blocks are scheduled for delivery by 2025
Top StoriesSaudi plans to become the largest exporter of hydrogenGBO CorrespondentNovember 24, 2020 GBO CorrespondentNovember 24, 202001368 The Kingdom shipped the world’s first blue hydrogen cargo to Japan in September
Top StoriesAI adoption in healthcare is surging, says expertsGBO CorrespondentNovember 23, 2020 GBO CorrespondentNovember 23, 202001412 The survey result also indicates that confidence in AI is burgeoning, with two-thirds of the respondents believe that it has the potential to process medical