PIF ramps up stake in ACWA Power from 33.6% to 50%
ACWA aims to achieve its target of more than $10 billion in new investments this year
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Covid-19 sees bike hailing startup SafeBoda quit Kenya
The startup, which entered Kenya in 2018 will cease operations on November 27
Chinese ride-hailing DiDi forays into Argentina
The services are launched at La Plata, in the capital and in the province of Buenos Aires
Petrobras to sell 50% stake in the famed Marlim oil cluster
The Marlim cluster is located in the Campos Basin, offshore Brazil
Brazil to roll out new payment system to eliminate bureaucracy
The new system is likely to replace the large swath of payment options for Brazilians
Libya exceeds oil output by 1.2 million barrels per day
The oil production surged from below 100,000 bpd during the blockade to as much as 500,000 bpd in the middle of October
Abu Dhabi International Airport tests AI-based system for swift process
The passenger traffic levels have recorded an 88 percent slump compared to a year earlier: IATA
Vietnamese banks ramp up foreign ownership ratio to foster financial growth
TechcomBank’s board of directors increased its ownership limit to 22.5% of its charter capital
Saudi’s PIF to invest capital worth $40 billion annually in 2021-22
The sovereign wealth fund has supported ultra-class projects such as the leading tourism project at the Red sea
Tamweel Al Oula is experiencing a paradigm shift
The company has built a virtual communication mechanism to deepen engagements with customers across the Kingdom of Saudi Arabia
