Alder Properties launches the Magnolia at Yas Acres
Construction will begin in Q4 2021 and is expected to be completed in Q3 2024
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China’s Three Gorges buys UAE’s wind, solar developer Alcazar
This deal will be backed by Mubadala Investment Company
Ionova Life Science secures $100 mn to fast track oncology drug research
The new round was jointly led by Tsing Song Funds and Shenzen Funds group
Citigroup announce changes in Brazil investment banking hierarchy
Citibank hired Claudia Guimaraes from Banco Bradesco for its investment banking team
TecPlata signs agreement to link Port of Santa Fe to Asia, Brazil
The service would make a minimum of two calls per month using 500-TEU barges operated by Newport Management
Malaysian Touch ‘n Go’s GO+ fund is now shariah-compliant
Touch n’ Go Group’s management also noted that GO+ fund is Malaysia’s first sharia-compliant electronic wallet product
Qatar’s top banks report a net profit of $3.2 bn during H1 2021
The net profit surge is due to a rise in interest and non-interest incomes that supported improved earnings
Etisalat Group offers $505 mn to fully acquire Etisalat Investment North Africa
Etisalat has acquired an 8.7% stake in Etisalat Investment North Africa (EINA) held by the Abu Dhabi Fund for Development
HSBC buys AXA’s Singapore insurance business for $575 mn
HSBC plans on expanding its Southeast Asia presence through this deal
Moya is gearing up to become the super app of choice in South Africa
The app has close to 5 million active users in South Africa and 2 million uses the app daily