UK growth slows down due to staff shortage
Labor crisis has caused restaurants to close down and pushed back UK’s economic recovery
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African fintech OPay raises $400 mn funding to expand in the Middle East
The latest funding round was led by Softbank
Visa joins the NFT bandwagon after buying CryptoPunk
Visa bought the company for $150,000 in Ethereum
Alder Properties launches the Magnolia at Yas Acres
Construction will begin in Q4 2021 and is expected to be completed in Q3 2024
China’s Three Gorges buys UAE’s wind, solar developer Alcazar
This deal will be backed by Mubadala Investment Company
Ionova Life Science secures $100 mn to fast track oncology drug research
The new round was jointly led by Tsing Song Funds and Shenzen Funds group
Citigroup announce changes in Brazil investment banking hierarchy
Citibank hired Claudia Guimaraes from Banco Bradesco for its investment banking team
TecPlata signs agreement to link Port of Santa Fe to Asia, Brazil
The service would make a minimum of two calls per month using 500-TEU barges operated by Newport Management
Malaysian Touch ‘n Go’s GO+ fund is now shariah-compliant
Touch n’ Go Group’s management also noted that GO+ fund is Malaysia’s first sharia-compliant electronic wallet product
Qatar’s top banks report a net profit of $3.2 bn during H1 2021
The net profit surge is due to a rise in interest and non-interest incomes that supported improved earnings