England’s Co-operative Bank implements new measures on the back of economic downswing
The bank will slash 350 jobs and shut down 18 branches with a greater focus on digital banking
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Nasdaq Dubai signs deal to list Chinese companies in its stock market
Nasdaq Dubai, Zhongtai Financial International and Tian Tai Law Firm will provide support and guidance to Chinese companies
Software provider Aveva acquires OSIsoft for $5 bn
The deal will pave the way for Aveva to expand its presence in new markets
Total signs security pact with Mozambique to establish natural gas project
The new project will generate $50 billion revenue for Mozambique in the next 25 years
ADQ invests in series A funding for Verloop.io
The funding is led by Alpha Wave Incubation
Singapore’s Lightnet signs deal with SEBA bank for remittance services
SEBA bank will serve as the banking counterparty for the Singaporean company
Brazil’s Q2 GDP stumbles 9.4 percent
The country’s GDP slumped 9.4% in April-June in quarter-on-quarter terms
Africa’s ESPartners to provide Covid-19 assistance for SMEs
The development is a part of the African Resilience Initiative for Entrepreneurs
Saudi’s SWCC signs MoU with Fluid Technology Solutions
The American company install an advanced gadget in desalination plants owned by SWCC
Sunpower ink 76.8 million yuan deal with Chongqing Iron & Steel Company
Sunpower has won its second tender to work for the Chinese steel manufacturer