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GBO CorrespondentAugust 9, 2021

Nigerian renewable energy company Daystar Power closes a $20 mn deal from IFC

GBO CorrespondentAugust 9, 2021
This follows the $38 million series-B funding in January...
Daystar PowerFundingIFCNigerian clean energysolar energy
GBO CorrespondentAugust 9, 2021

Hungary-based carrier Wizz Air plans to hire 4,600 pilots by 2030

GBO CorrespondentAugust 9, 2021
The airline also plans to triple the size of the fleet in...
AirbusAviationCovid-19Europelow-cost airlineWizz Air
GBO CorrespondentAugust 6, 2021

Cloudsoft develops an AI-based tool that detects Covid-19 from the sound of cough

GBO CorrespondentAugust 6, 2021
The company has collaborated with the UK government to bring an innovative...
Artificial IntelligenceCloudsoftCough in a boxCovid-19UK Covid-19
GBO CorrespondentAugust 6, 2021

Saudi Port Authority records growth in H1 2021

GBO CorrespondentAugust 6, 2021
Mawani registered an increase of 5.18% and handled 3.6 mn TEU during...
MawaniSaudi Ports and shippingSaudi Ports AuthoritySaudi Vision 2030
GBO CorrespondentAugust 6, 2021

Neobank Jupiter receives funding of $45 mn co-led by Nubank

GBO CorrespondentAugust 6, 2021
Jupiter will roll out a BNPL product using its country’s online transaction...
Brazildigital servicesFundingIndiaJupiterneobankNubank
GBO CorrespondentAugust 5, 2021August 5, 2021

Taiwan non-life market grows by 6.2% to reach $6.8 bn in 2020

GBO CorrespondentAugust 5, 2021August 5, 2021
Motor insurance businesses accounted for 54 percent of the total non-life insurance...
Covid-19fire insurancegrowthMotor insurancenon-life insuranceTaiwanTaiwan insurance
GBO CorrespondentAugust 5, 2021

The airline industry confirms that 2020 was the worst year on record

GBO CorrespondentAugust 5, 2021
A total of 1.8 bn passengers flew in 2020, compared to 4.5...
Covid-19IATAthe aviation sectorworst hit
GBO CorrespondentAugust 5, 2021

Dumat Al-Jandal wind turbine trial begins in Saudi Arabia

GBO CorrespondentAugust 5, 2021
The project is set to become the largest wind farm in the...
Clean EnergyCO2 emissionsMiddle EastMiddle East renewable energyRenewable energySaudi ArabiaSaudi renewable energyWind project
GBO CorrespondentAugust 4, 2021

UAE’s non-oil sectors register a two-year high

GBO CorrespondentAugust 4, 2021
The IHS Markit Purchasing Managers' Index rose to 54.0 in July from...
Covid-19IHS Markitnon-oil sectorUAEUAE Economy
GBO CorrespondentAugust 4, 2021

Saudi Aramco expects high profits after finishing strong in the first half

GBO CorrespondentAugust 4, 2021
Experts forecast that Aramco might see a net income of $23.7 bn...
AramcoCovid-19Oil companyOil PricesSaudi ArabiaSaudi Arabia oil sector
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Trump’s $2 trillion deals recast US-Gulf relationsBeyond the dollar signs, Donald Trump’s Middle East agreements are poised to reshape the region’s development trajectory…

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