EconomyTop StoriesChina economy improves: yuan hits three-year highGBO CorrespondentMay 11, 2021 GBO CorrespondentMay 11, 202101314 The currency rose 0.3% to 6.4114, a dollar
Ports and ShippingTop StoriesCongo port concession terms amended: DP WorldGBO CorrespondentMay 10, 2021 GBO CorrespondentMay 10, 202101398 This will help to develop the trade and logistic sector of the nation
FintechTop StoriesAmazon brings digital payment to its ME customers in partnership with ZurichGBO CorrespondentMay 10, 2021 GBO CorrespondentMay 10, 202101192 This partnership with Zurich will help customers pay their insurance premiums digitally without incurring conversion fees
EnergyTop StoriesDutch government to spend $2.4 bn on carbon storage projectGBO CorrespondentMay 10, 2021 GBO CorrespondentMay 10, 202101152 The consortium includes the oil majors Royal Dutch Shell and ExxonMobil
TelecomTop StoriesGlobe Telecom’s 5G coverage to span across Nordics and AsiaGBO CorrespondentMay 10, 2021 GBO CorrespondentMay 10, 202101497 It aims to achieve #1stWorldNetwork of 5G coverage across the globe
FintechTop StoriesFlextock raises $3.25 mn, largest pre-seed funding in MENAGBO CorrespondentMay 7, 2021 GBO CorrespondentMay 7, 202101923 The investors in the round include Egyptian VC Foundation Ventures, Y Combinator, MSA Capital and CRE Ventures
Real EstateTop StoriesReal estate sale volume in Jordan increases by 34%in 2021GBO CorrespondentMay 7, 2021 GBO CorrespondentMay 7, 202101383 Sales of apartments increased by 19% and land sales rose by 39% compared to the same period in 2019
ShippingTop StoriesChina may hit Singapore bunker demandGBO CorrespondentMay 7, 2021 GBO CorrespondentMay 7, 202101558 A news Covid-19 cluster was discovered on board a bunker vessel
FintechTop StoriesPaystack announces official launch in South AfricaGBO CorrespondentMay 6, 2021 GBO CorrespondentMay 6, 202101276 In October 2020, Stripe acquired Paystack for a deal worth more than $200 mn
EconomyTop StoriesTrade between Saudi Arabia and the US reach $20 bn in 2020GBO CorrespondentMay 6, 2021 GBO CorrespondentMay 6, 202101144 The goods exported to Saudi Arabia from the US amounted to $11.2 bn