China band trading of cryptocurrency by banking firms
Investors are warned against speculative crypto trading
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Dubai real estate hits new high during Ramadan
The sales volume transactions reached $2.7 bn
Quantify climate risk, BOE tells businesses
Banks and insurers underestimated the potential impact of climate change on their businesses
Mitsui OSK plans to ship Ammonia
MOL is to participate in a joint development study on the ammonia fuel supply chain
Gojek and Tokopedia merge to create a new tech giant
The firms together generated transactions worth $22 bn in 2020
Wrisk raises €5.3 mn to scale the platform
The investment was led by QBN Capital
Hapag-Lloyd East Africa to launch shipping service in Kenya and Tanzania
It will enable customers to experience improved connectivity between Asia and East Africa
Fatfish Group acquires 55% of Malaysian Pay Direct
Fatfish had finalised the deal for $470,000
UN forecasts global economy to grow by 5.4% in 2021
UN raised a warning that the increasing Covid cases and the scarcity of the vaccines threaten overall recovery
Dubai non-oil private sector inches closer to pre-Covid-19 growth levels
It is a sign that the nation’s economy is closing in on the growth trajectory from pre-pandemic time