Top StoriesEFG Hermes, PayTabs launch cutting-edge payment platform in EgyptGBO CorrespondentApril 14, 2020 GBO CorrespondentApril 14, 202001438 PayTabs Egypt platform will provide merchants and businesses with QR codes and gateway methods among other payment acceptance methods
Top StoriesKenya signs deal with Ethiopian Airlines to operate cargo flightsGBO CorrespondentApril 14, 2020 GBO CorrespondentApril 14, 202001309 Ethiopian Airlines will fly cargos using six of its passenger planes from Mombasa to Nairobi, Asia and Europe
Top StoriesUAE urges banks to extend support to private sectorGBO CorrespondentApril 13, 2020 GBO CorrespondentApril 13, 202001250 Previously, the central bank provided over Dh 61 billion in the form of lowered cash reserve requirement to support businesses and individuals
Top StoriesLaSalle raises $681 mn for China-focused logistics fundGBO CorrespondentApril 13, 2020 GBO CorrespondentApril 13, 202001565 The fund, which was launched in 2019, secured $359 mn in initial commitment
Top StoriesUK-based healthtech SilverCloud raises $16 million in fundingGBO CorrespondentApril 10, 2020 GBO CorrespondentApril 10, 202001282 MemorialCare Innovation Fund led the funding round
Top StoriesSouth Africa plans to launch funding for lending schemeGBO CorrespondentApril 9, 2020 GBO CorrespondentApril 9, 202001424 The National Treasury is exploring all possibilities to launch the scheme to help banks cope with Covid-19
Top StoriesAerodyne makes strategic investment in MidEast drone companyGBO CorrespondentApril 9, 2020 GBO CorrespondentApril 9, 202001843 Aerodyne Group invested in FEDS Group, the largest drone solutions provider in the Middle East
Top StoriesDHA provides medicine home delivery service across the UAEGBO CorrespondentApril 8, 2020 GBO CorrespondentApril 8, 202001537 Its medicine home delivery service Dawa’ee is rolled out across the UAE to help citizens cope with the Covid-19 pandemic
Top StoriesOPEC and partners mulls cutting production for the next three monthsGBO CorrespondentApril 8, 2020 GBO CorrespondentApril 8, 202001147 They might decide to cut oil output by about 4.3 million bpd
Top StoriesSingapore-based VC Antler to commit $500k for startups tackling Covid-19GBO CorrespondentApril 7, 2020 GBO CorrespondentApril 7, 202001431 The VC firm is expected to invest in five different startups