Asset ManagementTop StoriesAl Dhabi Capital starts MENA-based equities fundGBO CorrespondentSeptember 9, 2021 GBO CorrespondentSeptember 9, 202101490 The asset manager is based in Abu Dhabi Global Market
AviationFeaturedEthiopian Airlines to bring back Boeing 737 MAX back to service in JanuaryGBO CorrespondentSeptember 8, 2021September 8, 2021 GBO CorrespondentSeptember 8, 2021September 8, 202101116 Chief executive Tewolde GebreMariam is convinced that the aircraft is safe to fly
CurrencyFeaturedBitcoin crashes 17% after El Salvador makes it legal tenderGBO CorrespondentSeptember 8, 2021 GBO CorrespondentSeptember 8, 20210962 The crypto fell as low as $43,050 on Tuesday
Banking and FinanceTop StoriesStanChart partners with Singapore Union to launch a digital-only bankGBO CorrespondentSeptember 7, 2021September 7, 2021 GBO CorrespondentSeptember 7, 2021September 7, 202101410 The lender will invest $107mn and own 60% of the bank in partnership with BetaPlus
EconomyTop StoriesSouth American nations growing by 5.9% in 2021:UNGBO CorrespondentSeptember 7, 2021 GBO CorrespondentSeptember 7, 202101319 The UN projected a slowdown of 2.9% in 2022
TechnologyTop StoriesChinese ride-hailing firm Cao Cao raises $589 mn for market expansionGBO CorrespondentSeptember 7, 2021September 7, 2021 GBO CorrespondentSeptember 7, 2021September 7, 202101815 Cao Cao will develop its own purpose-built vehicles for ride hailing
InsuranceTop StoriesKenyan insurtech MotiSure launches API platform to provide personal accident coverGBO CorrespondentSeptember 6, 2021 GBO CorrespondentSeptember 6, 202101459 The company sampled over 400 bike riders on why they did not sign up for pre-existing insurance solutions
TelecomTop StoriesSafaricom Ethiopia launches recruitment drive before its launchGBO CorrespondentSeptember 6, 2021 GBO CorrespondentSeptember 6, 202101600 The company aims to build a team of 100 employees by June 2022
Oil and GasTop StoriesOil Giant ADNOC sells a minimum 7.5% stake in Abu Dhabi IPOGBO CorrespondentSeptember 6, 2021 GBO CorrespondentSeptember 6, 202101391 This is the second public flotation of the Abu Dhabi owned oil company
CurrencyTop StoriesFour central banks test digital currency for cross-border transactionsGBO CorrespondentSeptember 3, 2021 GBO CorrespondentSeptember 3, 202101368 The Central banks of Australia, Malaysia, Singapore and South Africa team up with regulators to develop prototypes of shared platforms