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 an equity purchase price of…

NNR October 25, 2021

Wire

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 Wall Street Journal reported on…

NNR October 21, 2021

Wire

TPL Group’s Rider raises $2.3 million in seed funding round

Salman Allana, Founder and CEO of Rider, said: "We're excited about the investors we have on board – they collectively bring unparalleled logistics industry expertise and emerging markets exposure”. KARACHI,…

NNR October 20, 2021

Wire

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 Series A funding led by…

NNR October 18, 2021

Wire

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 from Occidental Petroleum (OXY) for…

NNR October 14, 2021

Wire

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 'Best Retail Bank in Pakistan',…

NNR October 13, 2021

Wire

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 B financing round. The Company,…

NNR October 13, 2021

Wire

Airtel Africa appoints Tsega Gebreyes new non-executive director

Ms Gebreyes is the founding partner of Satya Capital Ltd., a private investment firm specialising in Africa-related investments. LAGOS, NIGERIA: Airtel Africa Plc announced the appointment of Tsega Gebreyes as…

NNR October 13, 2021

Wire

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 the separation the IBM board…

NNR October 12, 2021

Wire

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 the factory after the report…

NNR October 12, 2021

Wire

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 Awards 2021, hosted by Entrepreneur…

NNR October 11, 2021

Wire

AppLovin to acquire Twitter’s MoPub business for $1.0bn

PALO ALTO: AppLovin Corporation, a leading marketing software company, has entered into a definitive agreement to acquire Twitter Inc.’s MoPub business for approximately $1 billion. The closing of the transaction…

NNR October 7, 2021