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GBO CorrespondentSeptember 21, 2020

SAMA approves digital payment licence for two Saudi fintechs

GBO CorrespondentSeptember 21, 2020
The total number of POS transactions hiked by 38.5% annually to stand...
FintechMiddle EastSaudi Arabia
GBO CorrespondentSeptember 21, 2020

Global refiners plan to reduce oil production in spring

GBO CorrespondentSeptember 21, 2020
China, the second-largest fuel consumer has been walloped the most by the...
ChinaMiddle EastOil and Gasoil refinersthe US
GBO CorrespondentSeptember 21, 2020

Life Science Vision Capital to invest $70 mn in Indian science startups and healthcare

GBO CorrespondentSeptember 21, 2020
The latest investment has already received a commitment of nearly half of...
HealthcareIndiaLife Science Vision CapitalUK
GBO CorrespondentSeptember 18, 2020

Standard Bank adds partners to its cardless transaction application

GBO CorrespondentSeptember 18, 2020
The payments platform allows customers to send and receive money without the...
AfricaSouth AfricaStandard Bank
GBO CorrespondentSeptember 18, 2020

ZTO Express to raise HK$12.1 billion as part of secondary listing in Hong Kong

GBO CorrespondentSeptember 18, 2020
The company is seeking retail investors to sell 2.25 million shares...
ChinaEconomyHong Kong
GBO CorrespondentSeptember 18, 2020

BP will add 20 GW of solar and wind generating capacity by 2025

GBO CorrespondentSeptember 18, 2020
The company has inked a 1.1-billion deal with Norway’s Equinor to acquire...
BPRenewable energysolar energyWind Energy
GBO CorrespondentSeptember 18, 2020

Shurooq plans to boost Sharjah’s economy through large scale projects

GBO CorrespondentSeptember 18, 2020
The organisation has partnered with global firms to launch new projects and...
Middle EastSharjah. The Sharjah Investment and Development AuthorityThe UAE
GBO CorrespondentSeptember 17, 2020

OPEC+ nations seek rebound in crude oil supply after production cuts

GBO CorrespondentSeptember 17, 2020
Brent crude recorded a loss of 10 percent in the past two...
Middle EastOil and GasThe UAE
GBO CorrespondentSeptember 17, 2020

DP World plans to privatise Israel’s Haifa Port

GBO CorrespondentSeptember 17, 2020
Both companies will establish direct shipping route from Dubai’s massive Jebel Ali...
AsiaDP WorldIsraelThe UAE
GBO CorrespondentSeptember 17, 2020

Indonesia injects Rp 37.38 tn capital into state-owned enterprises to boost economy

GBO CorrespondentSeptember 17, 2020
Indonesia’s budget for 2021 is less than the current year’s Rp 51...
EconomyIndonesiaSouth Asia
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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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