FinanceTop StoriesBlackRock raises €609 mn for its inaugural European real estate debt strategyGBO CorrespondentAugust 10, 2021 GBO CorrespondentAugust 10, 202101562 BlackRock European Real Estate Debt Fund (ERED) received capital commitments from over 20 different investors
Real EstateTop StoriesDubai’s residential market sees growth as investors returnGBO CorrespondentAugust 10, 2021August 10, 2021 GBO CorrespondentAugust 10, 2021August 10, 202101300 A record 74% year-on-year growth was noted in transaction volume in six months
Oil and GasTop StoriesIndonesia’s Pertamina takes over Chevron’s Rokan BlockGBO CorrespondentAugust 9, 2021 GBO CorrespondentAugust 9, 202101427 Pertamina will invest $2 bn over the next four years to reverse declining production at the legacy asset
EnergyTop StoriesNigerian renewable energy company Daystar Power closes a $20 mn deal from IFCGBO CorrespondentAugust 9, 2021 GBO CorrespondentAugust 9, 202101426 This follows the $38 million series-B funding in January
AviationTop StoriesHungary-based carrier Wizz Air plans to hire 4,600 pilots by 2030GBO CorrespondentAugust 9, 2021 GBO CorrespondentAugust 9, 202101329 The airline also plans to triple the size of the fleet in the next 10 years
HealthcareTop StoriesCloudsoft develops an AI-based tool that detects Covid-19 from the sound of coughGBO CorrespondentAugust 6, 2021 GBO CorrespondentAugust 6, 202101300 The company has collaborated with the UK government to bring an innovative AI-based Covid-19 test
Ports and ShippingTop StoriesSaudi Port Authority records growth in H1 2021GBO CorrespondentAugust 6, 2021 GBO CorrespondentAugust 6, 202101331 Mawani registered an increase of 5.18% and handled 3.6 mn TEU during the first half of 2021
Banking and FinanceTop StoriesNeobank Jupiter receives funding of $45 mn co-led by NubankGBO CorrespondentAugust 6, 2021 GBO CorrespondentAugust 6, 202101477 Jupiter will roll out a BNPL product using its country’s online transaction platform
InsuranceTop StoriesTaiwan non-life market grows by 6.2% to reach $6.8 bn in 2020GBO CorrespondentAugust 5, 2021August 5, 2021 GBO CorrespondentAugust 5, 2021August 5, 202101361 Motor insurance businesses accounted for 54 percent of the total non-life insurance market in premium volume
AviationTop StoriesThe airline industry confirms that 2020 was the worst year on recordGBO CorrespondentAugust 5, 2021 GBO CorrespondentAugust 5, 202101402 A total of 1.8 bn passengers flew in 2020, compared to 4.5 bn passengers in 2019