Thailand SEC allows Bitkub to resume services after suspension
Securities and Exchange Commission of Thailand has recently allowed Bitkub Online to resume services according to the media. The crypto exchange company will be accepting
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Saudi startups raise $76 mn in the first quarter of 2021
Compared to the previous quarter, this is about a 137.5 percent increase and the raised funds were about $32 million
Japan and UAE partner on hydrogen technology, supply chain
The partnership is expected to currently reflect on the rising interest in investing in hydrogen to fight climate change
IMF approves $2.34 bn in financing for Kenya
The implementation of a 16% increase in VAT is to help the country to continue responding to the Covid-19 pandemic and limit public borrowing
Paymob secures $18.5 mn funding to expand in Saudi Arabia
The expansion at home is planned as the pandemic spurs a surge in cashless transactions
Apple to pay $3.4 mn over iPhone obsolescence in Chile
Around 150,000 users in Chile sued the company claiming underperformance after a software update
Access Bank plans trade finance expansion with Grobank acquisition
The lender recently received regulatory approval to acquire a controlling stake in Grobank
Container volume in major Chinese ports up by 10.8% in March
In late March, export container increased by 8.7% while the domestic volume saw an increase of 18 %
Kenya Airways suspends flights to UK
The announcement was made after the UK announced Kenya to the “red list” of countries and barred travellers.
Kashima offshore wind project in Japan to be accelerated by 3 energy companies
A completed wind farm is expected to give clean energy enough to power about 70,000 Japanese households each year