Egypt to invest $114 mn to upgrade electricity network in 2021
The investment is for the Sinai and Suez Canal regions and Sharqeya governorate
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Qatar Petroleum reserves LNG ship construction capacity in China
Qatar will utilise it for its future LNG carrier fleet requirements
Apple plans to release Mac computers using its own chips in 2021
Intel's presence across Apple's product line will reduce if the latter's move to build its own Mac chips become successful
Emirates announces passenger flights to Europe, Africa and SE Asia
Emirates will fly to Frankfurt, Jakarta, Johannesburg, Lagos, London, Tunis, Madrid and Manila
ESR and partners form $1 bn JV to invest in South Korea logistics assets
The partners include Dutch pension administrator APG and Canada Pension Plan Investment Board
Barclays rolls out loan scheme for large businesses in the face of Covid-19
The bank will offer up to £50 mn for businesses with a turnover of more than £250 mn
SoftBank invests $150 mn in Didi Chuxing’s ride-hailing unit Qingju
The bike-sharing firm has raised more than $1 bn in its latest funding round
Facebooks eyes Indonesia with potential mobile payments launch
Facebook is planning to apply for a regulatory approval to launch mobile payments in partnership with three local fintech companies
Singapore’s Temasek invests in French insurtech Alan
The insurtech raised around $54.4 million in the funding round
DSOA offers relief package for stakeholders affected by Covid-19 pandemic
Exemptions, incentives, and flexible payment are offered to businesses, commercial tenants and residents in buildings owned by the authority