TelecomTop StoriesVodafone Egypt to pay EGP10 bn to shareholdersGBO CorrespondentJune 8, 2021 GBO CorrespondentJune 8, 202101438 The deal agreement will also be bringing changes to the dividend policy of Vodafone Egypt
EnergyTop StoriesRaizen to acquire Shell’s lubricant business in BrazilGBO CorrespondentJune 8, 2021 GBO CorrespondentJune 8, 202101409 Raizen will also acquire a blending plant and a terminal in the state of Rio de Janeiro
FintechTop StoriesPhilippines AirAsia partners with GCash to benefit travellersGBO CorrespondentJune 8, 2021June 8, 2021 GBO CorrespondentJune 8, 2021June 8, 202101329 The deal anticipates the demand for air travel to jump once the quarantine restrictions relax
FinanceTop StoriesUK ranks second in Europe for FDIGBO CorrespondentJune 7, 2021 GBO CorrespondentJune 7, 202101245 UK secured 975 FDI projects while France and Germany secured 985 and 930 respectively
Banking and FinanceTop StoriesGCC banks recovering fast from Covid-19: ReportGBO CorrespondentJune 7, 2021 GBO CorrespondentJune 7, 202101312 The profit amount has reached $8.4 bn in the first quarter of 2021
AviationTop StoriesAfrican carriers lose Sh1.1 tn due to Covid-19 in 2020GBO CorrespondentJune 7, 2021 GBO CorrespondentJune 7, 202101381 The drop in the number of scheduled passengers fell from 95 mn in 2019 to 34.7 mn
Oil and GasTop StoriesRe-labelled Venezuela crude worth $3.5 bn enters China in 12 monthsGBO CorrespondentJune 7, 2021 GBO CorrespondentJune 7, 202101154 The fuel taxes can upend the flow of the sanctioned crude to China
EconomyTop StoriesSaudi Arabia’s privatisation plan to raise $55 bnGBO CorrespondentJune 4, 2021 GBO CorrespondentJune 4, 202101247 The plan includes identifying 160 projects in 16 sectors like asset sales and public-private partnerships
Islamic BankingTop StoriesIslamic banks to boost Malaysia’s growth: S&P GlobalGBO CorrespondentJune 4, 2021 GBO CorrespondentJune 4, 202101496 Islamic banking could easily double loan growth at 10 to 12 percent or higher
EnergyTop StoriesEnergy Chamber joins OPEC-Africa Energy DialogueGBO CorrespondentJune 4, 2021June 4, 2021 GBO CorrespondentJune 4, 2021June 4, 202101332 OPEC-Africa Energy Dialogue was hosted to promote continent-wide cooperation initiatives