EnergyTop StoriesChina’s Three Gorges buys UAE’s wind, solar developer AlcazarGBO CorrespondentAugust 23, 2021 GBO CorrespondentAugust 23, 202101290 This deal will be backed by Mubadala Investment Company
HealthcareTop StoriesIonova Life Science secures $100 mn to fast track oncology drug researchGBO CorrespondentAugust 23, 2021 GBO CorrespondentAugust 23, 202101464 The new round was jointly led by Tsing Song Funds and Shenzen Funds group
Business LeadersTop StoriesCitigroup announce changes in Brazil investment banking hierarchyGBO CorrespondentAugust 20, 2021 GBO CorrespondentAugust 20, 202101909 Citibank hired Claudia Guimaraes from Banco Bradesco for its investment banking team
Ports and ShippingTop StoriesTecPlata signs agreement to link Port of Santa Fe to Asia, BrazilGBO CorrespondentAugust 20, 2021 GBO CorrespondentAugust 20, 202101152 The service would make a minimum of two calls per month using 500-TEU barges operated by Newport Management
Islamic FinanceTop StoriesMalaysian Touch ‘n Go’s GO+ fund is now shariah-compliantGBO CorrespondentAugust 20, 2021 GBO CorrespondentAugust 20, 202101621 Touch n’ Go Group’s management also noted that GO+ fund is Malaysia’s first sharia-compliant electronic wallet product
Banking and FinanceTop StoriesQatar’s top banks report a net profit of $3.2 bn during H1 2021GBO CorrespondentAugust 19, 2021 GBO CorrespondentAugust 19, 202101451 The net profit surge is due to a rise in interest and non-interest incomes that supported improved earnings
TelecomTop StoriesEtisalat Group offers $505 mn to fully acquire Etisalat Investment North AfricaGBO CorrespondentAugust 19, 2021 GBO CorrespondentAugust 19, 202101768 Etisalat has acquired an 8.7% stake in Etisalat Investment North Africa (EINA) held by the Abu Dhabi Fund for Development
InsuranceTop StoriesHSBC buys AXA’s Singapore insurance business for $575 mnGBO CorrespondentAugust 19, 2021 GBO CorrespondentAugust 19, 202101498 HSBC plans on expanding its Southeast Asia presence through this deal
TechnologyTop StoriesMoya is gearing up to become the super app of choice in South AfricaGBO CorrespondentAugust 18, 2021August 18, 2021 GBO CorrespondentAugust 18, 2021August 18, 202102996 The app has close to 5 million active users in South Africa and 2 million uses the app daily
EnergyTop StoriesSheikh Mohammed inaugurates solar plant as the city inches closer to achieve clean energyGBO CorrespondentAugust 18, 2021August 18, 2021 GBO CorrespondentAugust 18, 2021August 18, 202101620 Sheikh Mohammed inaugurated the 300MW first stage of the 900MW fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park