Islamic FinanceTop StoriesMalaysian Touch ‘n Go’s GO+ fund is now shariah-compliantGBO CorrespondentAugust 20, 2021 GBO CorrespondentAugust 20, 202101659 Touch n’ Go Group’s management also noted that GO+ fund is Malaysia’s first sharia-compliant electronic wallet product
Banking and FinanceTop StoriesQatar’s top banks report a net profit of $3.2 bn during H1 2021GBO CorrespondentAugust 19, 2021 GBO CorrespondentAugust 19, 202101478 The net profit surge is due to a rise in interest and non-interest incomes that supported improved earnings
TelecomTop StoriesEtisalat Group offers $505 mn to fully acquire Etisalat Investment North AfricaGBO CorrespondentAugust 19, 2021 GBO CorrespondentAugust 19, 202101790 Etisalat has acquired an 8.7% stake in Etisalat Investment North Africa (EINA) held by the Abu Dhabi Fund for Development
InsuranceTop StoriesHSBC buys AXA’s Singapore insurance business for $575 mnGBO CorrespondentAugust 19, 2021 GBO CorrespondentAugust 19, 202101516 HSBC plans on expanding its Southeast Asia presence through this deal
TechnologyTop StoriesMoya is gearing up to become the super app of choice in South AfricaGBO CorrespondentAugust 18, 2021August 18, 2021 GBO CorrespondentAugust 18, 2021August 18, 202103029 The app has close to 5 million active users in South Africa and 2 million uses the app daily
EnergyTop StoriesSheikh Mohammed inaugurates solar plant as the city inches closer to achieve clean energyGBO CorrespondentAugust 18, 2021August 18, 2021 GBO CorrespondentAugust 18, 2021August 18, 202101635 Sheikh Mohammed inaugurated the 300MW first stage of the 900MW fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park
TelecomTop StoriesNokia, Sercomtel, and Embrapa come together to test 5G network in BrazilGBO CorrespondentAugust 17, 2021 GBO CorrespondentAugust 17, 202101258 The project is supported by the state of Parana, along with the federal ministries of communication and agriculture
EconomyTop StoriesEgypt’s external debt rises up to $134.8 bn in March 2021GBO CorrespondentAugust 17, 2021 GBO CorrespondentAugust 17, 202101130 Data showed that Egypt’s short-term debt also increased, standing at $13.2 bn from $11.9 bn in the previous quarter
TechnologyTop StoriesMicrosoft to use Ethereum blockchain to combat piracyGBO CorrespondentAugust 17, 2021 GBO CorrespondentAugust 17, 202101404 The company is using a new system named Argus and is calling it as the first public anti-piracy system
EnergyTop StoriesSaudi Aramco joins ACWA Power’s solar project in SudairGBO CorrespondentAugust 16, 2021 GBO CorrespondentAugust 16, 202102093 The solar power plant has the capacity of 1.5 GW