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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
GBO CorrespondentJanuary 12, 2021

Egypt records 5.1% inflation slump in 2020

GBO CorrespondentJanuary 12, 2021
The report indicates a 10.1 percent slump in the price of vegetables,...
AfricaCentral Bank of EgyptEconomyEgypt
GBO CorrespondentJanuary 12, 2021

Oman eyes fresh loans up to $2 bn from regional and local banks

GBO CorrespondentJanuary 12, 2021
The Sultanate held talks with different banks for the development in November...
Gulf International BankHSBCMiddle EastOman
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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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