FintechTop StoriesPaystack announces official launch in South AfricaGBO CorrespondentMay 6, 2021 GBO CorrespondentMay 6, 202101290 In October 2020, Stripe acquired Paystack for a deal worth more than $200 mn
EconomyTop StoriesTrade between Saudi Arabia and the US reach $20 bn in 2020GBO CorrespondentMay 6, 2021 GBO CorrespondentMay 6, 202101147 The goods exported to Saudi Arabia from the US amounted to $11.2 bn
Banking and FinanceTop StoriesHSBC Malaysia launches EZInvest mobile appGBO CorrespondentMay 6, 2021 GBO CorrespondentMay 6, 202101826 The application lets customers access their investment portfolio 24/7
Oil and GasTop StoriesCheniere and Shell to deliver carbon-neutral US LNG to EuropeGBO CorrespondentMay 5, 2021 GBO CorrespondentMay 5, 202101171 The long-term agreement joins a list of sellers neutralising emissions as buyers commit to environmental targets
TelecomTop StoriesDu raises Dh3.76 bn loan for expansionGBO CorrespondentMay 5, 2021 GBO CorrespondentMay 5, 202101385 The loan is from different banks and split into Dh1.98 bn and Dh1.78 bn
AviationTop StoriesSingapore Airlines raises $1.5 bn from sales and leaseback dealsGBO CorrespondentMay 5, 2021 GBO CorrespondentMay 5, 202101634 The transaction was for 11 aircraft that included seven Airbus A350-900s and four Boeing B787-10s
Banking and FinanceTop StoriesEurope banks to create a payment giant against that of the USGBO CorrespondentMay 3, 2021 GBO CorrespondentMay 3, 202101239 More than 30 largest banks and card processors in Europe have planners to bring down the oligopoly of the US companies
EconomyTop StoriesUAE ranks top 10 in crucial global competitiveness metricsGBO CorrespondentMay 3, 2021 GBO CorrespondentMay 3, 202101378 Federal Competitiveness and Statistics Centre released the report recently
Ports and ShippingTop StoriesSystems down at Senari Port: Container shipping lines face lossGBO CorrespondentMay 3, 2021 GBO CorrespondentMay 3, 202101730 The operating costs of shipping lines also escalated, adding to the loss of sailing revenues
EnergyTop StoriesEngie doubles renewables deployment targets in ChileGBO CorrespondentApril 30, 2021 GBO CorrespondentApril 30, 202101502 It is to develop a 2GW renewable energy portfolio and end coal-dependency by 2025