FinanceTop StoriesNomura recruits dozens of private bankers for wealth management driveGBO CorrespondentJanuary 20, 2020 GBO CorrespondentJanuary 20, 20200784 The Japanese firm plans to increase the wealth it manages by five times to $50 billion by March 2026 by boosting its Asia presence
Top StoriesSaudi Arabia sees 1,131 new foreign companies setting shop in 2019GBO CorrespondentJanuary 20, 2020 GBO CorrespondentJanuary 20, 20200679 The fourth quarter was especially seen to be the busiest period with an increase of 305 companies from 238 in the previous year
Top StoriesQatar Airways enters into codeshare alliance with Deutsche BahnGBO CorrespondentJanuary 17, 2020 GBO CorrespondentJanuary 17, 20200678 The airline presently runs 35 flights in a week between Doha and Frankfurt, Berlin and Munich
Top StoriesEtisalat to launch CloudTalk for SMEs in UAEGBO CorrespondentJanuary 17, 2020 GBO CorrespondentJanuary 17, 20200998 The telecom giant will launch the cloud-based communication service in collaboration with Ribbon Communications
FinanceBrazilian unicorn fintech EBANX trials digital wallet serviceGBO CorrespondentJanuary 17, 2020 GBO CorrespondentJanuary 17, 20200629 EBANX became a unicorn, worth over $1 billion last year after a second-round investment by FTV Capital
TechnologyTop StoriesMaybank downgrades Thailand telcos to ‘neutral’ on 5G rolloutGBO CorrespondentJanuary 16, 2020 GBO CorrespondentJanuary 16, 20200771 Maybank’s telecom outlook is weak owing to Thais average income profile
Top StoriesGulf Capital targets healthcare with $100 mn IVI-RMA acquisitionGBO CorrespondentJanuary 15, 2020 GBO CorrespondentJanuary 15, 202001181 IVI-RMA Middle East is the fastest growing IVF service provider in the GCC
EnergyAramco faces heat from banks on incentives after thin IPO dealGBO CorrespondentJanuary 14, 2020 GBO CorrespondentJanuary 14, 20200596 Aramco plans to sell 450 million shares, increasing the size of its IPO to $29.4 billion
Top StoriesKfW Bank to back 10,000 African SMEs with $33 mn credit facilityGBO CorrespondentJanuary 14, 2020 GBO CorrespondentJanuary 14, 202001111 The German bank will support the African Guarantee Fund aimed at improving SME financing across the continent
FinanceStandard Chartered forges deal with Chinese fintech LinklogisGBO CorrespondentJanuary 13, 2020 GBO CorrespondentJanuary 13, 20200738 The bank has set up its digital banking centres in the African nations of Uganda, Tanzania, Ghana and Kenya.