EnergyTop StoriesAfrican Development Bank approves $99 mn funding for Egypt’s green projectGBO CorrespondentJuly 26, 2021July 26, 2021 GBO CorrespondentJuly 26, 2021July 26, 202101092 The loan was approved to finance the second phase of Egypt’s Electricity and Green Growth Support programme
Oil and GasIraq signs deal with Lebanon to supply 1 mn tons of fuelGBO CorrespondentJuly 26, 2021July 26, 2021 GBO CorrespondentJuly 26, 2021July 26, 202101022 The country is going through an economic crash that is threatening its market stability
Asset ManagementFeaturedJP Morgan will provide five cryptocurrency funds to clientsGBO CorrespondentJuly 23, 2021July 26, 2021 GBO CorrespondentJuly 23, 2021July 26, 202101404 It will be available to all JP Morgan’s wealth management clients looking for investment advice
TelecomTop StoriesSpain shells out $1.1 bn during the latest 5G auction raiseGBO CorrespondentJuly 23, 2021July 26, 2021 GBO CorrespondentJuly 23, 2021July 26, 202101456 The massive $1.1 bn donations will also help the operators deliver better non-standalone (NSA) 5G both indoors and outdoors
Business LeadersTop StoriesEmirates airline expects up to 30,000 US visitors every month after Dubai Expo 2020GBO CorrespondentJuly 23, 2021July 26, 2021 GBO CorrespondentJuly 23, 2021July 26, 202101322 According to official reports, Emirates airlines has already recovered 50% of the tourism witnessed pre-pandmeic
InsuranceTop StoriesSouth African insurtech startup, CTRL receives $2.3 mn from Naspers FoundryGBO CorrespondentJuly 22, 2021July 26, 2021 GBO CorrespondentJuly 22, 2021July 26, 202101462 The insurtech company is aiming to provide insurance advice of a real-life broker through an app
TechnologyTop StoriesPayU and CELO partners up to bring stablecoin payments to merchantsGBO CorrespondentJuly 22, 2021July 26, 2021 GBO CorrespondentJuly 22, 2021July 26, 202101495 They will launch a new stablecoin option for PayU’s 450,000 merchant customers using cUSD
Business LeadersTop StoriesSafaricom appoints new chief enterprise business officerGBO CorrespondentJuly 21, 2021July 27, 2021 GBO CorrespondentJuly 21, 2021July 27, 202101681 Kris Senanu, who previously served at Telkom Kenya, has been appointed by Safaricom
Real EstateTop StoriesAbu Dhabi property price rises 2.1% in Q2 during Covid-19 reboundGBO CorrespondentJuly 21, 2021July 26, 2021 GBO CorrespondentJuly 21, 2021July 26, 202101414 Consultants from ValuStrat price index mentioned that the growth has been consecutively rising since the last three months
EconomyTop StoriesWorld Bank Group deploys $157 bn to fight Covid-19 pandemicGBO CorrespondentJuly 21, 2021July 27, 2021 GBO CorrespondentJuly 21, 2021July 27, 202101277 The world economy is expected to grow by 5.6% in 2021