Top StoriesStandard Bank introduces fossil fuels new financing policyGBO CorrespondentDecember 16, 2020 GBO CorrespondentDecember 16, 202001499 The new policy will be implemented strictly towards any form of financing for coal, oil and gas projects
Top StoriesExxonMobil pushes to cut carbon emissions after facing criticismsGBO CorrespondentDecember 15, 2020 GBO CorrespondentDecember 15, 202001461 Exxon aims to cut the intensity of the greenhouse gas emissions from its operated upstream assets by 15 to 20% over the next five years
Top StoriesUncategorizedAmazon Payments Services launches in SaudiGBO CorrespondentDecember 15, 2020December 15, 2020 GBO CorrespondentDecember 15, 2020December 15, 202001854 The Amazon Payment Services started its journey as Payfort in 2013
Top StoriesAabar Investments to sell its stake in RHB BankGBO CorrespondentDecember 15, 2020 GBO CorrespondentDecember 15, 202001733 The Abu-Dhabi-based company first forayed into RHB Bank as a substantial shareholder in 2011
Top StoriesIndia to become the most preferred FDI destinationGBO CorrespondentDecember 15, 2020December 15, 2020 GBO CorrespondentDecember 15, 2020December 15, 202001303 Global SWFs deployed capital worth $14.8 billion in India
Top StoriesEmirates to operate a special one-off A380 service to BahrainGBO CorrespondentDecember 14, 2020December 14, 2020 GBO CorrespondentDecember 14, 2020December 14, 202001345 The newly announced aircraft is to meet the increasing passenger demand ahead of the country’s 49th National Day celebrations
Top StoriesAmundi appoints new CEO; brings changes to management boardGBO CorrespondentDecember 11, 2020 GBO CorrespondentDecember 11, 202002077 Mr Christian Pellis has been serving as the head of third-party distribution at the company over the last seven years
Top StoriesUK GDP hits six months record low as hospitality sector stumbleGBO CorrespondentDecember 11, 2020 GBO CorrespondentDecember 11, 202001531 The GDP surged 0.4 percent in October after expanding 1.1. percent a month earlier
Top Storiesdu to launch blockchain-based paperless property rental agreementGBO CorrespondentDecember 11, 2020 GBO CorrespondentDecember 11, 202001288 The new platform will connect Smart Dubai’s technology arm SDGE with Emirates NBD, Dubai Land Department, and AL Wasl
Top StoriesAramco plans to sell stakes in subsidiaries to foster cash flowGBO CorrespondentDecember 11, 2020 GBO CorrespondentDecember 11, 202001367 The oil major recorded a Q3 slump of 44.6 percent to $11.9 billion