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GBO CorrespondentJuly 30, 2021

Brazilian carrier GOL airlines register a net loss of $414 mn in 2020

GBO CorrespondentJuly 30, 2021
The airline carried 16.7 million passengers last year, compared to the 36.4...
AviationBrazilian airlineCovid-19GOL Linhas AereasLatin America
GBO CorrespondentJuly 30, 2021

Standard Chartered’s Zodia custody has received regulatory approval

GBO CorrespondentJuly 30, 2021
It received approval from the Financial Conduct Authority and has been providing...
Northern TrustSC venturesStandard CharteredZodia Custody
GBO CorrespondentJuly 29, 2021

Saudi Arabia to generate $266 bn from fourth industrial revolution

GBO CorrespondentJuly 29, 2021
Saudi Arabia will rebound with the help of artificial intelligence and smart...
RiyadhSaudi ArabiaSaudi Arabia technologyWorld Economic Forum
GBO CorrespondentJuly 29, 2021

Tech giants announce a combined profit of more than $50 bn

GBO CorrespondentJuly 29, 2021
Apple, Microsoft, and Alphabet have a combined market value of $6.4 tn...
AlphabetappleCovid-19market valuemicrosoft
GBO CorrespondentJuly 28, 2021

LatAm-based payment firm Conductor prepares for US IPO

GBO CorrespondentJuly 28, 2021
The offering might take place as early as this year with new...
ConductorIPOPayments firmTemasekUSVisa
GBO CorrespondentJuly 28, 2021

Convergence Partners provide $120 mn to promote digital inclusion in Africa

GBO CorrespondentJuly 28, 2021
The fund aspires to reach its final target of $250 mn to...
AfricaConvergence PartnersDigital inclusionFundinginternettechnology
GBO CorrespondentJuly 27, 2021

Mastercard and Lloyds team up for open banking API

GBO CorrespondentJuly 27, 2021
Mastercard and Lloyds is teaming up to roll out their PayFrom Bank...
Lloyds BankMastercardPayFrom Bankpayment gateway
GBO CorrespondentJuly 27, 2021

Egyptian proptech startup Nawy raises funding to broaden its services

GBO CorrespondentJuly 27, 2021
The proptech company seven-figure funding from angel investors...
EgyptEgyptian real estateFundingNawyproptechReal EstateSawiris familyseed round
GBO CorrespondentJuly 26, 2021July 26, 2021

African Development Bank approves $99 mn funding for Egypt’s green project

GBO CorrespondentJuly 26, 2021July 26, 2021
The loan was approved to finance the second phase of Egypt’s Electricity...
AfricaAfrica EnergyAfrican Development BankEgyptEgypt energygreen project
GBO CorrespondentJuly 26, 2021July 26, 2021

Iraq signs deal with Lebanon to supply 1 mn tons of fuel

GBO CorrespondentJuly 26, 2021July 26, 2021
The country is going through an economic crash that is threatening its...
EconomyIraqLebanonOil and Gasoil import
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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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