The airline industry confirms that 2020 was the worst year on record
A total of 1.8 bn passengers flew in 2020, compared to 4.5 bn passengers in 2019
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Dumat Al-Jandal wind turbine trial begins in Saudi Arabia
The project is set to become the largest wind farm in the Middle East
UAE’s non-oil sectors register a two-year high
The IHS Markit Purchasing Managers' Index rose to 54.0 in July from 52.2 in June
Saudi Aramco expects high profits after finishing strong in the first half
Experts forecast that Aramco might see a net income of $23.7 bn in the first half of 2021
Indonesian lending platform Kredivo going public after $2.5 bn SPAC merger
The credit firm secured proceeds amounting to $430 mn
Egypt’s domestic liquidity is currently valued at $213.9 bn
The official data showed an increase in liquidity growth at 1.9% per month
Aldar Properties sell out spots in the second phase of Al Gurm development
The construction of the second phase begins in November and all plots come with a beachfront
Nigerian e-health expands across 11 new cities across Africa
The Nigerian e-health startup will provide its pharmacy inventory-management service to the new cities
Over 300,000 account holders invested in Robinhood IPO
Robinhood said 301,573 users participated in the IPO and raised over $2 bn
QIA invests $200 mn in Airtel Africa’s mobile money business
This deal comes just after a few months it had inked a similar deal to sell a 3.75% stake in its mobile money unit