Top StoriesWealth ManagementDubai loses 1,600 millionaires in 2020GBO CorrespondentMarch 1, 2021 GBO CorrespondentMarch 1, 202101759 The number of millionaires in Dubai grew prior to the pandemic. 53,700 individuals possessed at least $1 million in net worth in 2018
EconomyTop StoriesChina’s manufacturing activity growth slows downGBO CorrespondentMarch 1, 2021 GBO CorrespondentMarch 1, 202101394 The report indicates that China’s manufacturing activity dipped to 50.9 in February compared to January’s 51.5
Banking and FinanceTop StoriesAmartha secures $50 mn from LendableGBO CorrespondentMarch 1, 2021 GBO CorrespondentMarch 1, 202101223 The funding will also be utilised to support micro-entrepreneurs in rural areas who intend to launch their own business
TechnologyTop StoriesScottish startup Boundary to roll out smart-home alarmGBO CorrespondentFebruary 26, 2021 GBO CorrespondentFebruary 26, 202101539 The new alarm system is compatible with smart homes systems such as Google Homes and Alexa and also can be integrated with other systems as
Banking and FinanceTop StoriesZenith Bank’s asset base grew 34% in 2020GBO CorrespondentFebruary 26, 2021March 17, 2021 GBO CorrespondentFebruary 26, 2021March 17, 202101334 Zenith Bank’s revenue surge of ₦696.450 billion from ₦662.251 billion, driven by a 12.2 percent surge in net interest income
EnergyGlobal LNG demand to surge steadily by 2040GBO CorrespondentFebruary 26, 2021February 26, 2021 GBO CorrespondentFebruary 26, 2021February 26, 202101600 The reports indicate that global LNG demand recorded growth to 360 million tons in 2020 compared to 358 million tons the year earlier
EconomyTop StoriesHong Kong government to issue fresh stimulusGBO CorrespondentFebruary 26, 2021 GBO CorrespondentFebruary 26, 202101180 As part of the stimulus package, each city resident, will get funds worth HK$5,000 in the form of digital spending coupons
AviationTop StoriesEuropean Airlines seeks to embark operationsGBO CorrespondentFebruary 25, 2021 GBO CorrespondentFebruary 25, 202101280 The government of various economies is being cautious about a fast return to flying after nearly a year of the pandemic that has been jeopardising
EnergyTop StoriesIberdrola to invest $182 bn to boost capacityGBO CorrespondentFebruary 25, 2021 GBO CorrespondentFebruary 25, 202101373 Iberdrola plans to establish 150 projects in Spain as part of the European Union’s (EU) recovery funds
Top StoriesDubai South Properties launches new projectGBO CorrespondentFebruary 25, 2021 GBO CorrespondentFebruary 25, 202101191 The Pulse Villas is home to 268 units and is spread across a built-up area ranging between 1,894 square ft and 2,720 sq ft