Saudi Mawani Port to see investments worth $2.4 bn
72 international and local companies intend to work on new contracts
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Standard Chartered and Starling Bank partner for green projects
Titled the Shoal platform, it lets customers choose from options like renewable energy, clean water, and community development
InfraCo and Helios launch climate-focused Africa vehicle CLEAR
CLEAR will finance climate-aligned infrastructure and growth activities, and will also work towards achieving United Nations Sustainable Development Goals
Aldar unveils free-hold residential project Dahlias at Yas Acres
The developer will launch 120 villas, duplexes, and townhouses for sale
JP Morgan and Oliver Wyman predict that CBDCs can save $100 bn in transaction costs
In a report published by both the firms, they estimate that corporate wholesale payments amount to $24 tn a year
UAE and IRENA unveil climate finance platform at COP26
Both the UAE and IRENA is planning to deploy 1.5 GW of clean renewable energy generation and storage by 2030
Siam Commercial Bank buys 51% stake in crypto exchange Bitkub for $537 mn
The deal between the two is expected to be completed by 2022 and is subject to regulatory approval
Brazil’s Azul eyeing to buy LATAM airlines as it plans restructuring
The Brazilian carrier also mentioned that they are ready to make an offer if the creditors fail to agree on the restructuring plan
Indonesia’s Q3 GDP growth rate slows down due to Covid-19
Southeast Asia’s biggest economy only grew 3.76% between July-September
Etisalat Enterprise Digital appoints new chief executive to drive digital strategy
Salvador Anglada has more than 25 years of experience in the telecom and IT industry