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GBO CorrespondentJuly 5, 2021

Kuwait cancels the $2 bn Jurassic gas project

GBO CorrespondentJuly 5, 2021
The move is being made to cut down on the capital expenditure...
Covid-19KuwaitKuwait Oil CompanyMiddle EastOil and gas industry
GBO CorrespondentJuly 5, 2021

Emirates Airlines expected to return to full capacity by mid-2022

GBO CorrespondentJuly 5, 2021
Airlines head Tim Clark also mentioned that once the pandemic is over,...
AirlinesAviationCovid-19EmiratesMiddle Eastern airlinesTim ClarkUAEUAE Aviation
GBO CorrespondentJuly 2, 2021

Africa Coast to Europe begins internet cable operations in South Africa

GBO CorrespondentJuly 2, 2021
The cable interconnects at three data centres of Teraco across South Africa...
Africa Coast to Europeinternet cablesSouth AfricaTeraco
GBO CorrespondentJuly 2, 2021

Mercado Bitcoin raises $200 mn from SoftBank to scale operations

GBO CorrespondentJuly 2, 2021
The funds will also be used to expand its product offerings and...
2TM GroupLatin America bitcoinMercado BitcoinSoftBankSoftBank Latin America Fund
GBO CorrespondentJuly 2, 2021

EDPR purchases China’s 28 MW Trina Solar in Vietnam

GBO CorrespondentJuly 2, 2021
The deal marks the entry of EDPR into the Vietnamese market with...
ChinaEDP RenovaveisEDPRSoutheast AsiaVietnam energyVietnam renewable energyVietnam Solar
GBO CorrespondentJuly 2, 2021July 2, 2021

Islamic finance industry to grow by 10-12% in 2021-2022: S&P Global

GBO CorrespondentJuly 2, 2021July 2, 2021
The growth is predicted despite some countries‘ GDP growth anticipated to be...
Islamic financeMohamed DamakS&P Global Ratingssukuk market
GBO CorrespondentJuly 1, 2021July 2, 2021

MDaaS Global secures $2.3 mn in seed fund to launch new healthtech product

GBO CorrespondentJuly 1, 2021July 2, 2021
The fund from the seed extension round is also expected to be...
Africahealthtech productMDaaS GlobalNigeriaNigeria HealthcareSentinelX
GBO CorrespondentJuly 1, 2021

Future FinTech announces new unit in Dubai for crypto trading

GBO CorrespondentJuly 1, 2021
The firm has planned to provide full financial service in the blockchain...
Blockchaincrypto asset managementCryptocurrencyFTFTFuture FinTech Group
GBO CorrespondentJuly 1, 2021July 2, 2021

Malaysia’s AirAsia boosts its cargo operations with a new freighter aircraft

GBO CorrespondentJuly 1, 2021July 2, 2021
It has purchased its first freighter, 737-800F and two newly converted A320s...
AirAsiaFreighter planesMalaysia AirAsiaMalaysia Logistics
GBO CorrespondentJune 30, 2021

FDI inflows of South Africa reduces to R6.1 bn in first quarter

GBO CorrespondentJune 30, 2021
FDI inflow in the last quarter of 2020 was at R16 billion...
FDIFDI InflowSouth AfricaSouth Africa foreign direct investment
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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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