Oil surges to 2018 highs forth OPEC+ meeting
The dispute between Iran and the US over a nuclear deal is delaying the surge in Iranian oil exports
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UK bans world’s largest crypto exchange Binance
As the global curbing against digital currencies increased, the UK also warned its consumers about the platform
UAE launches public health management system
The platform is developed in partnership with Etisalat and Health Matrix
Maersk launches emission-free trains to decarbonise supply chains
Maersk partners with ERS/BoxXpress.de to operate emission-free electric container trains
GIB Global Investment Digital Bank mulls digital banking in Vietnam
The bank will partner with a Vietnam-based telecom Vimo and a local payments provider GPay by GCG Asia.
Egypt plans to upgrade its seaport to boost international trade
The cost of upgrading the seaports is estimated to be around $4 billion and it covers 58 projects
Saudi central bank to extend deferred payment programme for SMEs
The extension will help the SMEs impacted by the Covid-19 pandemic crisis for another three months from July
ADB approves $160.5 mn to refinance solar plant in Vietnam
The financing structure includes $24.5 mn from ADB, $128 mn from the syndicated loan (B loan) and $8 mn from Leading Asia’s Private Infrastructure Fund
WHO plans mRNA Covid-19 vaccine hub in South Africa
This will help poor and middle-income countries to learn how to produce the Covid-19 vaccine and acquire a license
Malaysia and Egypt collaborates to promote vaccine rollout
Malaysia’s Foreign Minister said an area of interest to Malaysia is the production of Sinovac Covid-19 vaccines from Egypt