TelecomTop StoriesSafaricom Ethiopia launches recruitment drive before its launchGBO CorrespondentSeptember 6, 2021 GBO CorrespondentSeptember 6, 202102006 The company aims to build a team of 100 employees by June 2022
Oil and GasTop StoriesOil Giant ADNOC sells a minimum 7.5% stake in Abu Dhabi IPOGBO CorrespondentSeptember 6, 2021 GBO CorrespondentSeptember 6, 202101829 This is the second public flotation of the Abu Dhabi owned oil company
CurrencyTop StoriesFour central banks test digital currency for cross-border transactionsGBO CorrespondentSeptember 3, 2021 GBO CorrespondentSeptember 3, 202101737 The Central banks of Australia, Malaysia, Singapore and South Africa team up with regulators to develop prototypes of shared platforms
EconomyTop StoriesEgypt to launch a digital tax collection platform in SeptemberGBO CorrespondentSeptember 3, 2021 GBO CorrespondentSeptember 3, 202101736 The latest tax collection platform will collect and document taxes of all entities online
LogisticsTop StoriesAlibaba’s logistics arm Cainiao to strengthen its logistics services in SingaporeGBO CorrespondentSeptember 3, 2021 GBO CorrespondentSeptember 3, 202101866 In order to do so, Cainiao Network has partnered with Grocery Logistics of Singapore
TechnologyTop StoriesChainEx launches an automated instant trade-on deposit featureGBO CorrespondentSeptember 2, 2021 GBO CorrespondentSeptember 2, 202101929 The company will also allow traders and residents from other countries to access the ZAR market
Banking and FinanceTop StoriesUAE’s major lenders announce $4 bn profit during H1: Moody’sGBO CorrespondentSeptember 2, 2021 GBO CorrespondentSeptember 2, 202101835 Moody’s reported that four major bank’s combined net profit increased from last year, but returns on assets remain below pre-pandemic levels
Business LeadersTop StoriesBank of England appoints former Goldman Sachs expert as chief economistGBO CorrespondentSeptember 2, 2021September 2, 2021 GBO CorrespondentSeptember 2, 2021September 2, 202101618 Huw Pill will become the chief economist of the Bank of England after working at Goldman Sachs till 2018
EnergyTop StoriesSharjah Sustainable City becomes the first community to show smart energy storage solutionsGBO CorrespondentSeptember 1, 2021September 2, 2021 GBO CorrespondentSeptember 1, 2021September 2, 202101601 SEE institute signed an MoU with German company Hager to test and deploy the latest technology
TelecomTop StoriesBrazil gets fiber training centre under Huawei Senai partnershipGBO CorrespondentSeptember 1, 2021 GBO CorrespondentSeptember 1, 202101990 The project is expected to solve the labour crisis