Top StoriesUAE launches initiative to strengthen Islamic financeGBO CorrespondentMay 8, 2020 GBO CorrespondentMay 8, 202001395 The initiative was launched by the Ministry of Finance in partnership with Dubai Islamic Economic Development Centre and the Islamic Development Bank
Top StoriesNigerian healthtech Helium Health secures funding for expansionGBO CorrespondentMay 8, 2020 GBO CorrespondentMay 8, 202001461 The startup raised $10 mn in Series A funding
Top StoriesSheraa launches $1 mn fund to help startups cope with the pandemicGBO CorrespondentMay 7, 2020 GBO CorrespondentMay 7, 202001561 Sheraa is part of Sharjah's initiative to build a sustainable startup ecosystem in the emirate
Real EstateDubai records real estate transactions worth Dh3.62 bn in AprilGBO CorrespondentMay 7, 2020 GBO CorrespondentMay 7, 202001308 The market recorded 1824 transactions in the month of April
Top StoriesVisa becomes Nium’s new investor in its recent equity funding roundGBO CorrespondentMay 6, 2020 GBO CorrespondentMay 6, 202001431 It is reported that Nium is Visa's third investment following Gojek and Grab in Southeast Asia
Top StoriesZEP-RE urge African insurers for greater technological adaptationGBO CorrespondentMay 6, 2020 GBO CorrespondentMay 6, 202001552 Digitalisation of insurance process has become important due to the coronavirus pandemic
Top StoriesAbu Dhabi Ports join leading port authorities to continue east-west tradeGBO CorrespondentMay 5, 2020 GBO CorrespondentMay 5, 202001548 It has collaborated with 19 of world's leading port authorities to allow merchant ships carry out operations
Top StoriesEthiopian Airlines digitalises services to bring convenience amid pandemicGBO CorrespondentMay 5, 2020 GBO CorrespondentMay 5, 202001404 State-owned Ethiopian Airlines has digitalised its services to provide convenience to its cargo customers, the media reported. The carrier launched a mobile app and chatbot-assisted
Top StoriesBrazil launches blockchain platform PIER for foreign banksGBO CorrespondentMay 4, 2020 GBO CorrespondentMay 4, 202001673 It is reported that the cost of building the platform was $250,000
FinanceChina-based fintech Tencent acquires 5% stake in AfterpayGBO CorrespondentMay 4, 2020 GBO CorrespondentMay 4, 202002743 Afterpay’s stock soared more than 35 percent as a result of the acquisition