Airlines to lose $84 bn due to the pandemic: IATA
Revenue would likely fall to $419 bn from $838 bn last year
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UK fintech investments increase 500% over last five years
The country has even beat the US which recorded investment growth of 170 percent, while Europe recorded a 133 percent increase
Dubai residential properties value sees a 11.5% drop in May
The weighted average residential capital value per sq ft in Dubai in May fell below the Dh900 mark for the first time since the early
Total is testing a cutting-edge shipping technology in Brazil
The company is testing a ship-to-ship offloading technology on Lapa field
JD.com to raise HK$31.4 bn by listing in Hong Kong
The ecommerce giant will be offering 133 mn shares at a maximum price of HK$236 each
Seoul-Beijing based Bespin Global secures $75 mn funding
The funding round was led by South Korean SK Telecom
BNP Paribas, CIC, and Eurazeo launches $446 mn Cooperation Fund
The fund will invest in European companies looking to expand in China
Nigeria startup Sparkle receives digital banking licence
The startup is also collaborating with Visa, Microsoft and PwC Nigeria to gain industry expertise
South Africa-based healthtech BusyMed secures funding
The funds came from local venture capital firm LionPride
South Africa resumes domestic air travel for businesses
The country is also weighing options to resurrect its flag carrier with state funds