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GBO CorrespondentMarch 18, 2020

Nigeria-based Zenith Bank denies merger speculations with Union Bank

GBO CorrespondentMarch 18, 2020
Merger speculations erupted in Nigeria after central bank announced recapitalisation of the...
AfricaAfrica BankingAfrican banksBankingNigeriaNigeria bankingNigerian banks
GBO CorrespondentMarch 17, 2020

Dubai Islamic Bank agrees to increase foreign ownership limit to 40%

GBO CorrespondentMarch 17, 2020
Currently the foreign ownership limit in the bank is 25%...
Abu Dhabi Islamic BankDubaiEmirates NBDFirst Abu Dhabi BankIslamic BankingMiddle EastMiddle East Islamic bankingUAE
GBO CorrespondentMarch 17, 2020

QEWC shareholders approve proposed cash dividend

GBO CorrespondentMarch 17, 2020
The firm seeks to implement all projects in line with local and...
KahramaaQatarQatar Electricity and Water CompanyQatar utilities
GBO CorrespondentMarch 16, 2020

Dubai Islamic Bank approves increase in foreign ownership limit

GBO CorrespondentMarch 16, 2020
The bank's shareholders have approved foreign ownership limit of shares to 40...
Abu Dhabi BankAbu Dhabi Islamic BankBankingBanksDubai Islamic BankEmirates NBDIslamic banksUAE banks
GBO CorrespondentMarch 16, 2020

First Bank considers merger ahead of an industry recapitalisation

GBO CorrespondentMarch 16, 2020
The bank is in talks with Heritage Bank and Polaris Bank...
AfricaAfrican bankingBankingFirst BankNigeriaNigerian bankingNigerian banks
GBO CorrespondentMarch 13, 2020

France to partially use Huawei equipment for its 5G rollout

GBO CorrespondentMarch 13, 2020
French authorities' decide to use some of Huawei gear despite the US...
5G networkFranceFrance 5GHuaweiHuawei 5GtechnologyTelecommunications
GBO CorrespondentMarch 13, 2020

Mubadala increases its ownership in Thailand’s Manora oil field to 70%

GBO CorrespondentMarch 13, 2020
Mubadala acquired a 10% interest in the offshore block from Northern Gulf...
Middle EastMubadalaOil and GasSoutheast AsiaSoutheast Asia oil and gasThailand
GBO CorrespondentMarch 12, 2020

Wirecard to process GrabPay ewallet transactions for businesses

GBO CorrespondentMarch 12, 2020
Micro, small and medium enterprises in the Philippines, Malaysia and Singapore will...
FintechGrabGrabPaypayment appride-hailing appSoutheast AsiatechnologyWirecard
GBO CorrespondentMarch 12, 2020

Deutsche Bank may delay debts repayment, other lenders may follow suit

GBO CorrespondentMarch 12, 2020
The bank will delay repayment on $1.25 bn of bonds...
BankingBondsDeutsche bankEuropeEurope bankingEuropean banksGerman banksGermany
GBO CorrespondentMarch 11, 2020

Indonesia annuls increase in BPJS Kesehatan health insurance premiums

GBO CorrespondentMarch 11, 2020
The Supreme Court said increase in premium should be on a par...
BPJS KesehatanHealthcarehealthcare insuranceIndonesia
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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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