Banking and FinanceTop StoriesHSBC to roll out BaaS platformGBO CorrespondentOctober 20, 2021 GBO CorrespondentOctober 20, 202101395 This will enable customers to create and provide business banking services through their own platforms
InsuranceTop StoriesSingaporean taxi operator ComfortDelGro launches Covid-19 insurance for its passengersGBO CorrespondentOctober 20, 2021 GBO CorrespondentOctober 20, 202101317 For 30 cents per ride, passengers using ComfortRide are covered for accidents that result in death or permanent total disability
FintechTop StoriesCybersource and EBANX partner in Brazil for global e-commerce merchantsGBO CorrespondentOctober 19, 2021 GBO CorrespondentOctober 19, 202101095 Cybersource’s clients around the world will be able to access EBANX's payment solutions for Brazil
FintechTop StoriesPaySika raises $350,000to launch a neobank in West AfricaGBO CorrespondentOctober 19, 2021 GBO CorrespondentOctober 19, 202101690 The funding round was led by investors from Britain, France, and Nigeria
EnergyTop StoriesSingapore electricity price hike wrecks havoc as energy providers exit marketGBO CorrespondentOctober 19, 2021 GBO CorrespondentOctober 19, 202101369 Experts have predicted that power retailers have suffered losses in millions in the last two weeks
EconomyTop StoriesOman’s economy to grow by 2.2% in 2021:IIFGBO CorrespondentOctober 18, 2021 GBO CorrespondentOctober 18, 202101541 IIF mentioned they expect fiscal deficit to narrow to 2.3% of GDP in 2021 and 1.3% in 2022
Oil and GasTop StoriesOil prices hit their highest levels since 2014 as demand recoversGBO CorrespondentOctober 18, 2021 GBO CorrespondentOctober 18, 202101144 Brent crude oil futures rose 87 cents, or 1%, to $85.73/ barrel on Monday
AviationTop StoriesSingapore Airlines to scale up its flight operations to and from AustraliaGBO CorrespondentOctober 18, 2021 GBO CorrespondentOctober 18, 202101159 The airline also announced it will bring back A380s
FinanceTop StoriesSaudi Fransi Leasing paves innovative leasing services in Saudi ArabiaGBO CorrespondentOctober 15, 2021 GBO CorrespondentOctober 15, 202102060 The increased use of technology and internet has helped the Saudi car rental industry grow and is projected to reach $2490 mn by 2026
EconomyTop StoriesDubai’s property market undervalued, UBS report saysGBO CorrespondentOctober 15, 2021 GBO CorrespondentOctober 15, 202101484 Increased oil prices and the economic rebound has supported the country’s recovery