Top StoriesNigeria’s AGPC raises $260 mn for gas processing plant projectGBO CorrespondentFebruary 3, 2021 GBO CorrespondentFebruary 3, 202101336 The construction cost for the project is expected to be around $650 million, including taxes and finance cost
Top StoriesJeff Bezos to step down as Amazon’s CEO in Q3 Andy Jassy to leadGBO CorrespondentFebruary 3, 2021 GBO CorrespondentFebruary 3, 202101209 The company’s valuation surpassed the $1 trillion-mark last year and is currently worth more than $ 1.6 trillion
EconomyTop StoriesMalaysian economy to slow down with weak GDP growthGBO CorrespondentFebruary 3, 2021February 3, 2021 GBO CorrespondentFebruary 3, 2021February 3, 202101236 The government will integrate its private and public healthcare systems to tackle pandemic-related problems
Top StoriesAbu Dhabi Ports, AMLS to launch international maritime logistic servicesGBO CorrespondentFebruary 3, 2021 GBO CorrespondentFebruary 3, 202101379 The joint venture will be headquartered in Abu Dhabi and will operate under OFCO – Offshore International
Top StoriesTelefonica conducts open RAN trial in the UKGBO CorrespondentFebruary 2, 2021 GBO CorrespondentFebruary 2, 202101327 The Global Open RAN Center of Excellence in the UK has recently carried out an end-to-end testing and interoperability verification
Top StoriesCMA CGM partners with Port of Alexandria for new developmentsGBO CorrespondentFebruary 2, 2021 GBO CorrespondentFebruary 2, 202101591 The new terminal which is spread across an area of 560,000 square meters is slated for a 2022 launch
Top StoriesBitMEX appoints former Bank of China veteranGBO CorrespondentFebruary 2, 2021 GBO CorrespondentFebruary 2, 202101258 Mr Wai Kin Chim was also an independent non-executive director for Standard Chartered Bank in China prior to joining OCBC Wing Hang Bank
Top StoriesAirAsia’ Teleport introduces digital customs clearance for shippersGBO CorrespondentFebruary 2, 2021 GBO CorrespondentFebruary 2, 202101609 The new development has now made the Teleport Commerce Malaysia Sdn Bhd as an approved forwarding agent by the Royal Malaysian Customs Department
Top StoriesMAI Capital takes over HWFA,strengthens its acquisitions portfolioGBO CorrespondentFebruary 1, 2021February 2, 2021 GBO CorrespondentFebruary 1, 2021February 2, 202101554 MAI Capital has carried out 10 acquisition since 2017, out of which four were carried out last year
Oil and GasTop StoriesGlobal oil consumption in 2020 recorded 9% slump, says EIAGBO CorrespondentFebruary 1, 2021February 1, 2021 GBO CorrespondentFebruary 1, 2021February 1, 202101303 The consumption is expected to surge 6 percent to 5.6 million bpd this year compared to 2020