Top StoriesEgypt’s Beltone to launch out non-banking financial servicesGBO CorrespondentAugust 19, 2020 GBO CorrespondentAugust 19, 202001619 The bank’s second quarter profit slumped by 52 percent from 25.2 million EGP to 12.1 million EGP within one year
Top StoriesBahrain sees economy revival amid Covid-19 pandemicGBO CorrespondentAugust 19, 2020 GBO CorrespondentAugust 19, 202001493 The country’s non-oil sectors which were seriously hampered by the pandemic are demonstrating better performance
Top StoriesAnt to launch consumer finance firm in China’s ChongqingGBO CorrespondentAugust 19, 2020 GBO CorrespondentAugust 19, 202001601 The company will team up with TransInfo Technology and Nanyang Commercial Bank
Top StoriesEuropean oil majors complete oil drilling EgyptGBO CorrespondentAugust 18, 2020 GBO CorrespondentAugust 18, 202001879 The oil well has the capacity to produce mass production of gas as it delivered up to 32 MMSCFD of gas during testing
Top StoriesToyota partners with Amazon for Cloud-based platformGBO CorrespondentAugust 18, 2020 GBO CorrespondentAugust 18, 202001859 The platform will help Toyota manage and monetise data from cars around the world
Top StoriesUAE to sign African continental free trade agreement in 2021GBO CorrespondentAugust 18, 2020 GBO CorrespondentAugust 18, 202001787 The agreement will pave the way for businesses across sectors to grow on the continent
Top StoriesChina, Hong Kong see surge in share market after $100 billion capital infusionGBO CorrespondentAugust 18, 2020 GBO CorrespondentAugust 18, 202001415 The Hang Seng Index rose 0.7 percent, while the Shanghai Composite Index surged 2.3 percent
Top StoriesTemasek acquires$4.8 billion worth stake in BlackRockGBO CorrespondentAugust 17, 2020 GBO CorrespondentAugust 17, 202001804 The investment will make the Singaporean bank among the top five largest holders in BlackRock
Top StoriesThe UK registers unexpected surge in home sales amid covid-19GBO CorrespondentAugust 17, 2020 GBO CorrespondentAugust 17, 202001342 The average asking prices in the UK is 4.6 percent in July and August
Top StoriesAdnoc to enter Indian lubricant market amid Covid-19 pandemicGBO CorrespondentAugust 17, 2020 GBO CorrespondentAugust 17, 202001513 The company’s net profits slumped 22.4 percent to Dh 910 million in the first quarter