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GBO CorrespondentJuly 12, 2021

CBDC can enhance cross-border payments efficiency

GBO CorrespondentJuly 12, 2021
Hong Kong and Singapore leading in CBDC efforts, BIS mentioned that countries...
BISCBDCcross-border paymentsCryptocurrencyDigital PaymentHong KongIMFSingapore
GBO CorrespondentJuly 9, 2021

Saudi Aramco to raise billions from asset sales

GBO CorrespondentJuly 9, 2021
Saudi Aramco raised around $12.4 bn by selling the leasing rights over...
Middle EastoilOil and GasSaudi ArabiaSaudi AramcoUAE
GBO CorrespondentJuly 9, 2021

Google to enter fintech space in Japan with Pring acquisition

GBO CorrespondentJuly 9, 2021
Besides acquiring the cashless payment company, Google will also invest around $180...
digital walletFintechgoogleGoogle PayJapanJapanese Fintech
GBO CorrespondentJuly 8, 2021

Transport and Logistics to contribute 10% of Saudi GDP by 2030

GBO CorrespondentJuly 8, 2021
Crown Prince Mohammed bin Salman launched a brand new transport and logistics...
Saudi ArabiaSaudi economySaudi GDPSaudi VisionTransport and Logistics
GBO CorrespondentJuly 8, 2021

Visa reports over $1bn in crypto spending in H1 2021

GBO CorrespondentJuly 8, 2021
Currently, the company is partnered with Coinbase, Circle and BlockFi to allow...
BitcoinCoinbasecrypto walletsCryptocurrencyspendingVisa
GBO CorrespondentJuly 7, 2021

LATAM Airlines’ bankruptcy period extended till mid-September

GBO CorrespondentJuly 7, 2021
The South American Airlines had the deadline of presenting its restructuring plan...
AviationBankruptcyCovid-19 pandemicLatam AirlinesSouth America
GBO CorrespondentJuly 7, 2021

Didi co-founders lose $1.5 bn as global shares plunge

GBO CorrespondentJuly 7, 2021
Cheng Wei and Jean Liu lost the massive amount in just two...
ChinaDidi Globaltechnology
GBO CorrespondentJuly 6, 2021

Droppa partners with Elite Truck hire to expand service offerings

GBO CorrespondentJuly 6, 2021
The partnership comes as a result of increasing national demand...
Africa logisticsAfrica logistics startupDroppaElite Truck hireLogisticsSouth AfricaSouth Africa Logistics
GBO CorrespondentJuly 6, 2021

Green finance in the MENA region stands at $6.4 bn in H1 2021

GBO CorrespondentJuly 6, 2021
It has already exceeded the total debt issuance from last year...
debt issuanceGreen financeMENAUAEUAE finance
GBO CorrespondentJuly 6, 2021

Nigerian neobank FairMoney raises $42 mn to add new products like savings, stock trading, and crypto

GBO CorrespondentJuly 6, 2021
The bank aims to provide underbanked people access to digital financial services...
FairMoneyFintechneobankNigerian bankingNigerian startupSeries BStartup
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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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