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GBO CorrespondentNovember 16, 2021

GFH Financial Group acquires 60% stake in UAE-based MSH

GBO CorrespondentNovember 16, 2021
GFH spent more than $100 mn to buy the stakes of the...
DubaiGFH Financial GroupHealthcareMiddle EastMiddle East healthcareMSHstakeUAE
GBO CorrespondentNovember 15, 2021

Dubai residential capital value increase by 31% in October

GBO CorrespondentNovember 15, 2021
Villas in Arabian Ranches, Jumeirah Islands, The Lakes and The Meadows record...
DubaiDubai real estateprice increaseReal Estateresidential propertyValuStrat Price Index
GBO CorrespondentNovember 15, 2021

Arabian Pipes signs SAR 66 mn deal with Aramco to provide steel pipes

GBO CorrespondentNovember 15, 2021
The contract has a duration of 14 months...
Arabian PipesAramcocontractOil PricesOPECSaudi Arabia
GBO CorrespondentNovember 15, 2021

Mastercard partners with New Orleans to bring financial inclusion

GBO CorrespondentNovember 15, 2021
The program offers financial inclusion, access to emergency disbursements, incentives to drive...
card programFinancial InclusionMastercardNew Orleanspartnership
GBO CorrespondentNovember 12, 2021

Embraer and Widerøe collaborate to provide sustainable flying to Scandinavia

GBO CorrespondentNovember 12, 2021
The partnership will bring Embraer’s eVTOL vehicles to Norway within the next...
BrazilcollaborationNorway Embraersustainable flyingWiderøe
GBO CorrespondentNovember 12, 2021

High oil demand might dampen recovery: OPEC

GBO CorrespondentNovember 12, 2021
The regulatory body expects oil demand to average 99.49 million barrels per...
energy pricesglobal oil demandOil and GasOil PricesOPECrecovery
GBO CorrespondentNovember 12, 2021November 12, 2021

Singapore’s TSLC raises $25 mn to expand its digital lending operations

GBO CorrespondentNovember 12, 2021November 12, 2021
The fintech startup also aims to launch its mobile-first credit-led platform in...
Abu Dhabi Global MarketARV InvestmentFintechFundingSingaporeThe Social Loan Company
GBO CorrespondentNovember 11, 2021

Lori Systems has partnered with Moove to propel vehicle financing in Africa

GBO CorrespondentNovember 11, 2021
Truck financing in Africa is less than 1%...
Africa truck financinge-logisticsLori systemsMoovetruck financing
GBO CorrespondentNovember 11, 2021

Mashreq Bank and US regulator reaches a $100 mn settlement

GBO CorrespondentNovember 11, 2021
US regulator DFS determined that Mashreq's OFAC compliance program is enough...
DFSMashreq bankOFACsettlementUAEUS Sudan sanctionsUS treasury
GBO CorrespondentNovember 11, 2021

UK BNPL firm Zilch eyes US expansion after $110 mn funding

GBO CorrespondentNovember 11, 2021
The funding round was led by Ventura Capital and Gauss Venture and...
FintechFundingGauss VentureUK fintechVentura CapitalZilch
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The ‘Brexit Bill’ United Kingdom is still payingBrexit has caused missed growth opportunities, suppressed investments, higher prices, and constrained ambition…

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