Nigerian renewable energy company Daystar Power closes a $20 mn deal from IFC
This follows the $38 million series-B funding in January
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Hungary-based carrier Wizz Air plans to hire 4,600 pilots by 2030
The airline also plans to triple the size of the fleet in the next 10 years
Cloudsoft develops an AI-based tool that detects Covid-19 from the sound of cough
The company has collaborated with the UK government to bring an innovative AI-based Covid-19 test
Saudi Port Authority records growth in H1 2021
Mawani registered an increase of 5.18% and handled 3.6 mn TEU during the first half of 2021
Neobank Jupiter receives funding of $45 mn co-led by Nubank
Jupiter will roll out a BNPL product using its country’s online transaction platform
Taiwan non-life market grows by 6.2% to reach $6.8 bn in 2020
Motor insurance businesses accounted for 54 percent of the total non-life insurance market in premium volume
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
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