African Development Bank commits Covid-19 support for multiple nations
In its latest development, the bank has granted loans worth $97.675 million to Rwanda
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Revolut raises $80 mn from fresh funding round
Revolut raises $80 mn from fresh funding
Li Auto seeks to raise $950 mn in its US IPO debut
The move marks one of the biggest US listings by Chinese companies this year
Abu Dhabi to house the world’s largest solar plant
EWEC has formed a consortium of four companies for the project’s development
SABB completes Tier II SAR-denominated Sukuk offering
Each Sukuk will value SAR 1 mn
BNP Paribas Wealth Management appoints new Asia Pacific chief
Steven Billiet will take over his new role from 8 August 2020
Orange rolls out mobile banking service in Ivory Coast
The launch will help the company’s digital lending business grow
NMC Health seeks $250 mn fresh funding to stay afloat
The healthcare operator is facing debt allegations
Flipkart takes over Walmart’s wholesale business in India
The acquisition puts Flipkart in line with Amazon and Reliance JioMart
Kiwapower plans to foray into Mexican energy market
The cost of each plant would range between $400,000 and $500,000