The global shipping industry is making record profits
The latest jump has been caused because of a 333% hike in the shipping cost
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Arab Petroleum Investment Corporation plans to invest $1 bn in green energy projects
The two-year investment is a part of its low-carbon footprint energy transition strategy
Kuwait Oil Company to invest $1.6 bn on oil exploration in the next five years
The company aims to increase production to four mn bpd by 2040
Viva Colombia to start flying to Argentina
The airline received authorisation to launch a few routes between the two countries
MTN announces mobile money partnership with Flutterwave
The partnership will enable businesses to receive payment via MTB Mobile Money (MoMo)
Dubai Financial Market introduces three new futures equity contract
The new contract will include stocks of Dubai Investments, DFM Company and Shuaa Capital
Egyptian fintech MNT-Halan receives funding of $120 mn to drive further innovation
The funding round was attended by investors like Apis Growth Fund II, Development Partners International and Lorax Capital partners
Addi secures $75 mn funding to bring BNPL to Latin America
The company will use these funds to scales its operations in Colombia and Brazil
Al Dhabi Capital starts MENA-based equities fund
The asset manager is based in Abu Dhabi Global Market
Ethiopian Airlines to bring back Boeing 737 MAX back to service in January
Chief executive Tewolde GebreMariam is convinced that the aircraft is safe to fly