Banking and FinanceTop StoriesMastercard partners with New Orleans to bring financial inclusionGBO CorrespondentNovember 15, 2021 GBO CorrespondentNovember 15, 202101423 The program offers financial inclusion, access to emergency disbursements, incentives to drive economic growth, empower underbanked residents
AviationTop StoriesEmbraer and Widerøe collaborate to provide sustainable flying to ScandinaviaGBO CorrespondentNovember 12, 2021 GBO CorrespondentNovember 12, 202101253 The partnership will bring Embraer’s eVTOL vehicles to Norway within the next few years
Oil and GasTop StoriesHigh oil demand might dampen recovery: OPECGBO CorrespondentNovember 12, 2021 GBO CorrespondentNovember 12, 202101226 The regulatory body expects oil demand to average 99.49 million barrels per day in Q4 2021
FintechTop StoriesSingapore’s TSLC raises $25 mn to expand its digital lending operationsGBO CorrespondentNovember 12, 2021November 12, 2021 GBO CorrespondentNovember 12, 2021November 12, 202101385 The fintech startup also aims to launch its mobile-first credit-led platform in the Middle East
LogisticsTop StoriesLori Systems has partnered with Moove to propel vehicle financing in AfricaGBO CorrespondentNovember 11, 2021 GBO CorrespondentNovember 11, 202101477 Truck financing in Africa is less than 1%
Banking and FinanceTop StoriesMashreq Bank and US regulator reaches a $100 mn settlementGBO CorrespondentNovember 11, 2021 GBO CorrespondentNovember 11, 202101639 US regulator DFS determined that Mashreq's OFAC compliance program is enough
FintechTop StoriesUK BNPL firm Zilch eyes US expansion after $110 mn fundingGBO CorrespondentNovember 11, 2021 GBO CorrespondentNovember 11, 202101271 The funding round was led by Ventura Capital and Gauss Venture and it comes eight months after a Series B at a $500 million valuation
Business LeadersTop StoriesDubai Financial Market appoints new CEOGBO CorrespondentNovember 10, 2021 GBO CorrespondentNovember 10, 202101738 Hamed Ahmed Ali’s appointment comes as a part of new efforts to inspire new leaders
Banking and FinanceTop StoriesVisa introduces sustainability feature for cardholdersGBO CorrespondentNovember 10, 2021 GBO CorrespondentNovember 10, 202101275 This feature will allow customers to understand how their spending affects the environment
Ports and ShippingTop StoriesSaudi Mawani Port to see investments worth $2.4 bnGBO CorrespondentNovember 9, 2021 GBO CorrespondentNovember 9, 202101386 72 international and local companies intend to work on new contracts