HB International announces the biggest satellite play over Pakistan
LAHORE, PAKISTAN: HB International has signed a contract with EAST Satellite Holdings Pty Ltd for a hybrid ultra-high throughput geostationary satellite over Pakistan through ESRA,...
EIG agrees to but 10% stake in Australia Pacific LNG for $1.59bn
WASHINGTON: EIG has entered into a definitive agreement to acquire a 10% interest in Australia Pacific LNG Pty Limited (APLNG) from Origin Energy Limited for...
Three US-listed tech companies explore listing in Hong Kong
Three US-listed tech companies explore listing in Hong KonBEIJING: Ride-hailing firm Didi Global and two other U.S.-listed tech companies explore listings in Hong Kong, the...
TPL Group’s Rider raises $2.3 million in seed funding round
KARACHI, PAKISTAN: TPL Group backed Rider, a tech-led last mile delivery partner for e-commerce retailers, has raised $2.3 million in a seed round led by...
TripleBlind Lands $24 Million in Series A Funding
KANSAS CITY: TripleBlind, the private data sharing company that offers proprietary cryptographically-enforced data privacy solution, announced today it has received $24 million in an oversubscribed...
Kosmos Energy acquires additional Ghana interests from OXY for $550mn
DALLAS, TEXAS: Kosmos Energy has acquired an additional 18% interest in the Jubilee field and an additional 11% interest in the TEN fields in Ghana...
Mobilink Bank recognized as ‘Best Retail Bank in Pakistan’ by RBI
ISLAMABAD: Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has won the prestigious Retail Banker International (RBI) Asia Trailblazer Award 2021 for being the...
CinCor Pharma raises $143 million in Series B Financing
LONDON, UK: RTW Venture Fund Limited notes the announcement by CinCor Pharma Inc. on 12 October 2021 of its completion of a US$143 million Series...
Airtel Africa appoints Tsega Gebreyes new non-executive director
LAGOS, NIGERIA: Airtel Africa Plc announced the appointment of Tsega Gebreyes as an Independent Non-Executive Director with immediate effect. Ms Gebreyes is the founding partner...
IBM Board approves separating Kyndryl
ARMONK, N.Y.: IBM announced that its board of directors has approved the previously announced separation of Kyndryl, the company’s managed infrastructure services business. To effect...
Kingmaker Footwear resumes production at Vietnam factory
HONG KONG: Kingmaker Footwear Holdings Limited has resumed production at the group’s factory in Binh Duong Province, Vietnam. Kingmaker Footwear had earlier notified temporary production halt at...
valU wins “Fintech Company of the Year” at Entrepreneur Middle East’s Tech Innovation Awards 2021
CAIRO, EGYPT: valU, Egypt’s leading buy-now pay-later fintech platform, announced that it was recognized as the “Fintech Company of the Year” at the Tech Innovation...