Deloitte plans to sell its UK restructuring division
The company handles one of the leading restructuring businesses in the UK
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Nigerian banks roll out new response code system in Ghana
The new QR-based payments system is developed by Western Telecoms and Engineering
Iraqi government plans to boost processing capacity of its oil refiners
Baiji refinery’s capacity is expected to increase from 75,000 bpd to 280,000 bpd
Investcorp, CR Capital Management acquires majority stake in City Super Group
The new partnership will pave the way for the Bahrain-based company to ramp up its expansion across China
Luxembourg raises €1.5 bn euros through sustainability bond
The selling of green bonds by Luxembourg marks its efforts towards the development of sustainable finance and support cleantech projects
UK’s first ever Quantum computer will be launched soon
The 10 mn government and industry investment backed supercomputer will be developed by leading tech company Rigetti
China ramps up 5G network establishment as it gears up for commercial launch
This year, 119 out of 197 new smartphone models released in China were 5G phones
Mexico plans to halt new oil exploration and production
Mexico will possibly reduce its production target due to low oil production cause by the pandemic
Spain’s Bankia and Caixabank plan to establish a merger
The banks are planning to establish a merger worth $709 bn in assets
Saudi sees faster economic revival from pandemic
The Kingdom remains cautious due to fragile growth and other factors such as geopolitical tensions