Saudi Arabia to launch digital real estate platform in Q4 2021
The government plans on digitising $100 mn worth of real estate assets
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Ethiopian Airlines and Boeing to make Ethiopia the African ‘aviation hub’
Both parties have signed an MoU to make Ethiopia the aviation hub that will attract jobs
UAE to lower diesel and petrol prices from September 1
After six months of increased rates, motorists will pay less for both petrol and diesel at the fuel pumps
AIA Singapore appoints new chief distribution officer
Chin Chung Wen’s role will be officially effective from October 1st and will report to Wong Sze Keed
Ethiopia telecom partners with ZTE for 4G services
Ambo is one of the latest cities to receive 4G services
Abu Dhabi Insurtech startup Hala secures $5 mn from Mubadala to support its expansion plan
Hala will use the money to unveil new products and expand further in Middle East
Indonesia’s BNPL giant Kredivo enters Vietnamese market
This is also Kredivo’s first foray into international market
Accounts court gives nod to conduct 5G auction in Brazil
Out of nine judges, eight voted in favour of the proposal and only one member to follow the recommendation of the court’s expert consultants
Oil prices to reach $75/barrel by end of 2021
Oil demand rose by 3.8 million barrels per day in June, which is three times more than usual
Matrix starts virtual trading platform in Abu Dhabi
The project is expected to drive blockchain and fintech innovation