Tuesday, January 26, 2021

Magazine

Banking

Bank ABC Signs Acquisition Deal with Lebanese BLOM Bank for $480 Million

Howden and Steadfast Join Hands to Launch Australian Broking Operation

BeGroup & VPBank Join Hands to Launch New E-Banking Solution

Papua New Guinea with $250 Million COVID-19 Loan ADB Supports

Lightnet Group Builds Partnership with Siam Commercial Bank

Dubai Islamic Bank Completes Noor Bank Integration Successfully

Tarabut Gateway Launches Open Banking Platform in UAE

Monzo Launches Premium Cards for Customers at £15 Per Month

Philippine Central Bank Expectant of $6 Billion Surplus in 2020
Finance

Kuaishou Technology All Set to Raise $5.4 Billion in IPO

Tower Capital Asia Raises $250 Million on First Closing on Southeast Asian Fund

China Economy Rises 2.3% in 2020 From Coronavirus Gains

KKR & Co Closes Asian-Pacific Infrastructure Fund at US$3.9 Billion

London Lifts Ban on Swiss Stock Trading Following the Split

Amazon, JP Morgan, Berkshire Hathaway Put a Lid on Joint Venture Haven

Tamkeen Cushions Private Sector With $2.2 Billion Support

Abu Dhabi’s Securities Exchange Signs MOU With Tel Aviv Stock Exchange

Chase and Air Canada Announce Partnership for Issuance of U.S. Credit Card
Technology

UK and Japan Sign £12M Worth Nuclear Decommissioning Deal

Ethio Telecom Reports 12% Growth in H1 Revenue Worth $693 Million

Nokia Bags 5G Contract from Proximus Luxembourg

Cisco Acquires Two European Companies to Boost User Engagement

Amazon Launches IP Accelerator for SMBs Across Europe

US Government Grants Qualcomm Permission to Sell 4G Chips to Huawei

EU Council Appropriates Set of Conclusions on Future EU Intellectual Property Policy

Mexico-Based C3ntro Telecom Selects Tejas Networks to Upgrade Broadband Network

Intel Enters Into Agreement with SK Hynix to Sell its NAND Business for $9 Billion
Insurance

QIIG and SAP Partner up on Digital Transformation Deal

UnitedHealth’s Optum Signs Acquisition Deal for Change Healthcare for $13 Billion

Prudential Vietnam and SeABank Extend Bancassurance Partnership

French Insurer AXA Sells Gulf Business for $269 Million

Aviva Plc Sells Italian Life Insurance Venture to Partner UBI Banca

Beazley Launches Specialized Commercial Insurance Solutions in Latin America

Pacific Prime Singapore Joins WBN as Latest Member for Asia Pacific Region

AIG Splits Life Insurance Business; Zaffino to Become Next CEO

Doha Bank Rebrands Subsidiary DBAC as Sharq Insurance
Energy

DP World Signs Agreement to Develop New Superport in Senegal

Macquarie Approves £3 Billion Funding of U.K. Green Projects

PT PJBI and Masdar Establish Joint Venture for First Indonesian Floating Solar Power Plant

Petrobras Emphasizes Carbon Cuts as Equinor Considers Offshore Renewables

Abu Dhabi Gives Green Signal to ADNOC to Bolster Muruban Futures

Australia’s NSW Reveals $23 Billion Renewable Energy Boost

MAN Energy Solutions Introduce World’s First LPG-Powered Retrofit

IT Giant Wipro Signs Five-Year Contract with Europe’s Third Largest Power Generator

Dubai Utility Sector Draws Investments Worth $11 Billion Through PPP Law
Real Estate

Abu Dhabi and Aldar Properties Join Hands to Develop $12.25 Billion Worth of Projects

What Brexit Means for Property Market: Key Issues in 2021

BNP Paribas REIM Acquires Nursing Home Property for European HPF Fund

Alter Domus Partners with Yardi to Improve Real Estate Operations

Abu Dhabi’s ADQ and Aldar Sign MoU for Emirate’s Projects

Invesco Real Estate Acquires GAM Investment Property Debt Fund Finance

Aviva Investors to Invest GBP 10 Billion into UK Real Estate for Next Three Years

Saudi Arabia Imposes 5% Tax, Exempts VAT from Property Deals

FAB and Aldar Properties Partner to Offer Consumer Card Payments for Customers
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Insurance

QIIG and SAP Partner up on Digital Transformation Deal

by The Global Economics

January 18, 2021

Insurance

UnitedHealth’s Optum Signs Acquisition Deal for Change Healthcare for $13 Billion

January 7, 2021

Insurance

Prudential Vietnam and SeABank Extend Bancassurance Partnership

December 21, 2020

Insurance

French Insurer AXA Sells Gulf Business for $269 Million

December 2, 2020

Home Category Insurance

Insurance

Aviva Plc Sells Italian Life Insurance Venture to Partner UBI Banca

by The Global Economics

November 24, 2020

U.K. insurer #Aviva, as a plan to restructure the firm, has decided to sell its stake...

Insurance

Beazley Launches Specialized Commercial Insurance Solutions in Latin America

by The Global Economics

November 15, 2020

#UK-based specialist insurer, #Beazley, has launched its offerings in Latin America that provides a host of...

Insurance

Pacific Prime Singapore Joins WBN as Latest Member for Asia Pacific Region

by The Global Economics

November 3, 2020

In the recent announcement by Worldwide Broker Network (WBN), brokerage firm #PacificPrimeSingapore joins as the newest...

Insurance

AIG Splits Life Insurance Business; Zaffino to Become Next CEO

by The Global Economics

October 27, 2020

On Monday, in the light of the UK’s Prudential Plans undergoing restructuring, the American International Group...

Insurance

Doha Bank Rebrands Subsidiary DBAC as Sharq Insurance

by The Global Economics

September 2, 2020

In an announcement on Tuesday, Doha Bank said that it has rebranded its subsidiary Doha Bank...

Insurance

French-Based Ardian Acquires Finaxy From Equistone Partners

by The Global Economics

August 1, 2020

Being one of the top 10 French brokers, Finaxy has positioned itself in market segments and...

Insurance

Indian Insurtech PolicyBazaar Makes for $3.5bn IPO in 2021

by The Global Economics

July 25, 2020

With an array of services and products, the insurance provider will go public and tap into...

Insurance

Nasdaq Dubai Welcomes DP World with Listing of US$1.5 Billion Sukuk

by The Global Economics

July 17, 2020

The listing carves a significant position as the largest UAE debt issuer on Nasdaq Dubai

Insurance

Allianz Completes Acquisition of Brazilian Insurer SulAmérica

by The Global Economics

July 14, 2020

The complete deal will position Allianz in the top 3 insurers in property and casualty insurance...

Insurance

Orient Insurance Postpones Saudi Arabia Expansion Plans to 2022

by The Global Economics

July 7, 2020

Orient Insurance, one of the largest insurers in the United Arab Emirates, has announced to postpone...

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Finance

Kuaishou Technology All Set to Raise $5.4 Billion in IPO

China-based #Kuaishou Technology has planned to raise at least US$5.4 billion (HK$41.9 billion) in the supposedly #Hong Kong’s largest public ...

January 25, 2021

Real Estate

Abu Dhabi and Aldar Properties Join Hands to Develop $12.25 Billion Worth of Projects

The Abu Dhabi Council has made approvals for a partnership framework between the #Abu Dhabi Government and Aldar Properties for ...

January 23, 2021

Technology

UK and Japan Sign £12M Worth Nuclear Decommissioning Deal

The UK and #Japan have joined hands in a new collaboration named #LongOps, termed as “world-leading alliance” to explore new ...

January 22, 2021

Technology

Ethio Telecom Reports 12% Growth in H1 Revenue Worth $693 Million

Ethiopia’s state-run Ethio Telecom has reported a 12% growth in the first-half revenue to end-December worth 25.6 billion birr ($693 ...

January 21, 2021

Finance

Tower Capital Asia Raises $250 Million on First Closing on Southeast Asian Fund

In an announcement, Singapore-based Tower Capital Asia has reported of the first closing on its Southeast Asian private equity fund- ...

January 20, 2021

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The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.