EnergyTop StoriesEDPR purchases China’s 28 MW Trina Solar in VietnamGBO CorrespondentJuly 2, 2021 GBO CorrespondentJuly 2, 202101516 The deal marks the entry of EDPR into the Vietnamese market with a value of $36 mn
Islamic FinanceTop StoriesIslamic finance industry to grow by 10-12% in 2021-2022: S&P GlobalGBO CorrespondentJuly 2, 2021July 2, 2021 GBO CorrespondentJuly 2, 2021July 2, 202101385 The growth is predicted despite some countries‘ GDP growth anticipated to be lower than what had been observed historically
HealthcareTop StoriesMDaaS Global secures $2.3 mn in seed fund to launch new healthtech productGBO CorrespondentJuly 1, 2021July 2, 2021 GBO CorrespondentJuly 1, 2021July 2, 202101298 The fund from the seed extension round is also expected to be used for upscaling its business in Nigeria
FintechTop StoriesFuture FinTech announces new unit in Dubai for crypto tradingGBO CorrespondentJuly 1, 2021 GBO CorrespondentJuly 1, 202101459 The firm has planned to provide full financial service in the blockchain space to attract investors
LogisticsTop StoriesMalaysia’s AirAsia boosts its cargo operations with a new freighter aircraftGBO CorrespondentJuly 1, 2021July 2, 2021 GBO CorrespondentJuly 1, 2021July 2, 202101412 It has purchased its first freighter, 737-800F and two newly converted A320s with the passenger seats removed
EconomyTop StoriesFDI inflows of South Africa reduces to R6.1 bn in first quarterGBO CorrespondentJune 30, 2021 GBO CorrespondentJune 30, 202101516 FDI inflow in the last quarter of 2020 was at R16 billion according to the South African Reserve Bank
InsuranceTop StoriesSwiss Re’s iptiQ and ImmoScout24 to launch digital loss-of-rent insuranceGBO CorrespondentJune 30, 2021July 1, 2021 GBO CorrespondentJune 30, 2021July 1, 202101682 The new product will provide private landlords with protection against the financial uncertainties from tenancy agreements.
Ports and ShippingTop StoriesChina United Lines add new services to Southeast Asia and BrazilGBO CorrespondentJune 30, 2021 GBO CorrespondentJune 30, 202101945 The new service will be directly connecting Ningbo in China with Santos in Brazil
Banking and FinanceTop StoriesLinklogis partners with Sunway to acquire Malaysia digital banking licenseGBO CorrespondentJune 30, 2021June 30, 2021 GBO CorrespondentJune 30, 2021June 30, 202101743 In this venture, Sunway will own a majority stake
Real EstateTop StoriesEmaar Properties to issue benchmark sukukGBO CorrespondentJune 29, 2021 GBO CorrespondentJune 29, 202101279 Dubai Islamic Bank, Emirates NBD, First Abu Dhabi Bank, Mashreq Bank and Standard Chartered Bank are appointed as joint lead arrangers