Business LeadersTop StoriesGoogle hires PayPal executive to expand crypto footprintGBO CorrespondentJanuary 21, 2022January 22, 2022 GBO CorrespondentJanuary 21, 2022January 22, 202201353 Google has hired Arnold Goldberg to help reset ambitions for banking and payments
Banking and FinanceTop StoriesTurkey and UAE Central banks sign currency swap agreement of $5 bnGBO CorrespondentJanuary 20, 2022 GBO CorrespondentJanuary 20, 202201615 The deal plans to promote bilateral trade and financial cooperation
Real EstateTop StoriesAldar unveils $490 mn sustainable city project in Abu DhabiGBO CorrespondentJanuary 20, 2022 GBO CorrespondentJanuary 20, 202201593 The construction of the 864-unit development will begin the fourth quarter
AviationTop StoriesDubai’s Emirates suspends some flights to the US over 5G concernsGBO CorrespondentJanuary 19, 2022 GBO CorrespondentJanuary 19, 202201163 Emirates will switch to the larger aircraft for Los Angeles and New York but keep flying the 777 to Washington
FintechTop StoriesUgandan fintech startup Asaak raises $30 million to offer motor financingGBO CorrespondentJanuary 19, 2022 GBO CorrespondentJanuary 19, 202201553 The funding round was led by new and existing investors like Resolute Ventures and Social Capital
FintechTop StoriesGhanian fintech Float raises $17 mn to power cash flow in AfricaGBO CorrespondentJanuary 18, 2022 GBO CorrespondentJanuary 18, 202201343 The financing will be used to improve the cash management platform and new business products
TechnologyTop StoriesAmazon reverses its decision to ban Visa credit cardsGBO CorrespondentJanuary 18, 2022 GBO CorrespondentJanuary 18, 202201312 A deal is being made between the two but the future is uncertain
Real EstateTop StoriesReal estate prices in Kuwait saw a decent increase in 2021GBO CorrespondentJanuary 17, 2022 GBO CorrespondentJanuary 17, 202201691 Some residential districts, inhabited by the citizens, witnessed a rise of more than 35% in rates of plots
Islamic FinanceTop StoriesEgypt completes $3bn loans of green and Islamic financingGBO CorrespondentJanuary 17, 2022 GBO CorrespondentJanuary 17, 202201443 The loans were provided by Emirates NBD and First Abu Dhabi Bank
Business LeadersTop StoriesMasterCard appoints a new independent directorGBO CorrespondentJanuary 14, 2022 GBO CorrespondentJanuary 14, 202201359 The firm announced that they have appointed Harit Talwar and his term is effective from April1, 2022