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GBO CorrespondentJanuary 18, 2021

Bahrain-based Rain Financial raises $6 mn in Series A funding

GBO CorrespondentJanuary 18, 2021
The fresh capital will be utilised by Rain to expand its presence...
BahrainCurrencyDIFC Fintech FundMiddle EastMiddle East Venture PartnersRain Financial
GBO CorrespondentJanuary 18, 2021

DoF partners Daman, FAB to launch DH 6 bn package for SME’s

GBO CorrespondentJanuary 18, 2021
DoF will partner national health insurer Daman and First Abu Dhabi Bank...
Abu DhabiDoFEconomyFABMiddle EastTESSthe Emirates
GBO CorrespondentJanuary 15, 2021

Digital disruption to boost Insurtech sector in the UAE

GBO CorrespondentJanuary 15, 2021
According to a research report, around 67% of insurers want to collaborate...
InsuranceInsurtechMiddle EastUAE
GBO CorrespondentJanuary 14, 2021

Zain deploys second phase of its 5G network in Saudi Arabia

GBO CorrespondentJanuary 14, 2021
Zain KSA rolled out its first phase of 5G network in October...
5GTelecomZainZain telecom
GBO CorrespondentJanuary 13, 2021

Revolut applies for banking license in the UK

GBO CorrespondentJanuary 13, 2021
The company aims to launch a financial super app after acquiring the...
Financial Conduct AuthorityRevoluttechnology
GBO CorrespondentJanuary 13, 2021

South Africa’s oil refiner’s future in jeopardy after oil refiners’ halts operations

GBO CorrespondentJanuary 13, 2021
Glencore’s Astron Energy has halted operations due to an explosion in July...
AfricaAstron EnergyEngenOil and GasPetrobrasSouth Africa
GBO CorrespondentJanuary 13, 2021

Vietnam’s telecom major Viettel plans to enter market in Cuba, North Korea

GBO CorrespondentJanuary 13, 2021
The company has plans to acquire 20 percent stake in an unnamed...
AmericasCubaNorth KoreaSouth AsiaTelecommunicationsVietnam
GBO CorrespondentJanuary 13, 2021

Dubai-based property developer Seven Tides records $152 million sales in 2020

GBO CorrespondentJanuary 13, 2021
Transactions worth over $19.6 billion were recorded in Dubai in 2020...
AsiaDubaiMiddle EastPropertySeven TidesThe UAE
GBO CorrespondentJanuary 12, 2021

Denmark-based shipping major UltraShip to deploy FOS for its vessels

GBO CorrespondentJanuary 12, 2021
The contract between UltraShip and Wartsila Voyage was signed in the fourth...
DenmarkEuropeShippingUltraShipWartsila Voyage
GBO CorrespondentJanuary 12, 2021January 12, 2021

Shell restarts Prelude offshore project after a year

GBO CorrespondentJanuary 12, 2021January 12, 2021
The development comes at a time when economies such as China has...
AustraliaEuropeOil and GasPrelude offshore projectShell
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GBO Apr-Jun 2025 IssueCURRENT
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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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Oil slips as Kurdistan crude exports resume, OPEC+ plans output hike


US agrees South Korea not a currency manipulator, Seoul says


China’s BYD forecasts exports to top 20% of 2025 sales, SCMP reports

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