Banking and FinanceTop StoriesStashFin raises $40 mn in Series B extensionGBO CorrespondentApril 5, 2021 GBO CorrespondentApril 5, 202101158 The company is planning to use this fund to carry out neobanking pan South Asia
FeaturedReal EstateNamaa Doha launches high-end villas project in QatarGBO CorrespondentApril 5, 2021 GBO CorrespondentApril 5, 202101595 The Pearl currently has all 49 units up for sale through Namaa Doha approved real estate brokerage companies
Ports and ShippingMaersk halted spot bookings after the Suez Canal bloackageGBO CorrespondentApril 1, 2021 GBO CorrespondentApril 1, 202101424 Depending on the market dynamics, the company is expecting significant loss in capacity over the nest few weeks.
FeaturedOil and GasPipeChina begin operations at gas lines and LNG terminal acquired from Kunlun EnergyGBO CorrespondentApril 1, 2021 GBO CorrespondentApril 1, 202101564 Acquired assets from Kunlun Energy include four parallel gas trunk lines and branch lines
FintechTop StoriesLightspeed, SoftBank invest $17 mn in Singapore-fintech EndowusGBO CorrespondentApril 1, 2021 GBO CorrespondentApril 1, 202101314 The newly acquired funds are expected to be used to scale up the Singapore business and expand into other key Asian markets
Ports and ShippingTop StoriesDP World receive the biggest vessel ever to dock in the Dominican RepublicGBO CorrespondentMarch 31, 2021 GBO CorrespondentMarch 31, 202101439 DP World Caucedo completed its $114 mn expansion recently
FeaturedReal EstateAzizi Developments hands over Mina on Palm JumeirahGBO CorrespondentMarch 31, 2021 GBO CorrespondentMarch 31, 202101591 Mina, the luxurious development of Azizi will now home hundreds of owners and tenants with high-class living
FeaturedFintechAlibaba Cloud boosts security for card-based transactionsGBO CorrespondentMarch 29, 2021 GBO CorrespondentMarch 29, 202101151 It is aimed at preventing fraudulent settlements, unauthorised authentications and falsified identity verifications
FeaturedFintechHSBC UK launches SME mobile-first banking serviceGBO CorrespondentMarch 25, 2021 GBO CorrespondentMarch 25, 202101569 HSBC Kinetic is launched to make business banking simpler, faster and more intuitive
FeaturedOil and GasSchlumberger secures contract worth $480 mn with Basara Oil and ExxonMobil in IraqGBO CorrespondentMarch 25, 2021March 25, 2021 GBO CorrespondentMarch 25, 2021March 25, 202102668 Schlumberger won the contract to drill 96 oil wells in southern Iraq