Top StoriesSAMA approves digital payment licence for two Saudi fintechsGBO CorrespondentSeptember 21, 2020 GBO CorrespondentSeptember 21, 202002104 The total number of POS transactions hiked by 38.5% annually to stand at 502 million
Top StoriesGlobal refiners plan to reduce oil production in springGBO CorrespondentSeptember 21, 2020 GBO CorrespondentSeptember 21, 202001887 China, the second-largest fuel consumer has been walloped the most by the pandemic
Top StoriesLife Science Vision Capital to invest $70 mn in Indian science startups and healthcareGBO CorrespondentSeptember 21, 2020 GBO CorrespondentSeptember 21, 202001826 The latest investment has already received a commitment of nearly half of the corpus
Top StoriesStandard Bank adds partners to its cardless transaction applicationGBO CorrespondentSeptember 18, 2020 GBO CorrespondentSeptember 18, 202002267 The payments platform allows customers to send and receive money without the need to have a bank account number
Top StoriesZTO Express to raise HK$12.1 billion as part of secondary listing in Hong KongGBO CorrespondentSeptember 18, 2020 GBO CorrespondentSeptember 18, 202002154 The company is seeking retail investors to sell 2.25 million shares
Top StoriesBP will add 20 GW of solar and wind generating capacity by 2025GBO CorrespondentSeptember 18, 2020 GBO CorrespondentSeptember 18, 202001588 The company has inked a 1.1-billion deal with Norway’s Equinor to acquire half of its offshore wind assets in the US
Top StoriesShurooq plans to boost Sharjah’s economy through large scale projectsGBO CorrespondentSeptember 18, 2020 GBO CorrespondentSeptember 18, 202001580 The organisation has partnered with global firms to launch new projects and vowed to remain available to investment opportunities
Top StoriesOPEC+ nations seek rebound in crude oil supply after production cutsGBO CorrespondentSeptember 17, 2020 GBO CorrespondentSeptember 17, 202001514 Brent crude recorded a loss of 10 percent in the past two weeks
Top StoriesDP World plans to privatise Israel’s Haifa PortGBO CorrespondentSeptember 17, 2020 GBO CorrespondentSeptember 17, 202002516 Both companies will establish direct shipping route from Dubai’s massive Jebel Ali port to Eilat
Top StoriesIndonesia injects Rp 37.38 tn capital into state-owned enterprises to boost economyGBO CorrespondentSeptember 17, 2020 GBO CorrespondentSeptember 17, 202001576 Indonesia’s budget for 2021 is less than the current year’s Rp 51 trillion