iKala raises $17 million to expand into new Southeast Asian markets
Wistron Digital Technology is the primary investor for iKala in the venture
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Petrobras begins new development for Santos Basin oil project
Metro field produces 26,000 bpd of crude oil, daily
Egypt’s Beltone to launch out non-banking financial services
The bank’s second quarter profit slumped by 52 percent from 25.2 million EGP to 12.1 million EGP within one year
Bahrain sees economy revival amid Covid-19 pandemic
The country’s non-oil sectors which were seriously hampered by the pandemic are demonstrating better performance
Ant to launch consumer finance firm in China’s Chongqing
The company will team up with TransInfo Technology and Nanyang Commercial Bank
European oil majors complete oil drilling Egypt
The oil well has the capacity to produce mass production of gas as it delivered up to 32 MMSCFD of gas during testing
Toyota partners with Amazon for Cloud-based platform
The platform will help Toyota manage and monetise data from cars around the world
UAE to sign African continental free trade agreement in 2021
The agreement will pave the way for businesses across sectors to grow on the continent
China, Hong Kong see surge in share market after $100 billion capital infusion
The Hang Seng Index rose 0.7 percent, while the Shanghai Composite Index surged 2.3 percent
Temasek acquires$4.8 billion worth stake in BlackRock
The investment will make the Singaporean bank among the top five largest holders in BlackRock