Koscom acquires 92.66 percent stake in HSBC Fund Services Korea
The latest deal marks the company’s first acquisition activity since its inception in 1977
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England’s Co-operative Bank implements new measures on the back of economic downswing
The bank will slash 350 jobs and shut down 18 branches with a greater focus on digital banking
Nasdaq Dubai signs deal to list Chinese companies in its stock market
Nasdaq Dubai, Zhongtai Financial International and Tian Tai Law Firm will provide support and guidance to Chinese companies
Software provider Aveva acquires OSIsoft for $5 bn
The deal will pave the way for Aveva to expand its presence in new markets
Total signs security pact with Mozambique to establish natural gas project
The new project will generate $50 billion revenue for Mozambique in the next 25 years
ADQ invests in series A funding for Verloop.io
The funding is led by Alpha Wave Incubation
Singapore’s Lightnet signs deal with SEBA bank for remittance services
SEBA bank will serve as the banking counterparty for the Singaporean company
Brazil’s Q2 GDP stumbles 9.4 percent
The country’s GDP slumped 9.4% in April-June in quarter-on-quarter terms
Africa’s ESPartners to provide Covid-19 assistance for SMEs
The development is a part of the African Resilience Initiative for Entrepreneurs
Saudi’s SWCC signs MoU with Fluid Technology Solutions
The American company install an advanced gadget in desalination plants owned by SWCC