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Uber completes $3.1bn deal for Dubai’s Careem

Uber completes $3.1bn deal for Dubai’s Careem

Careem Networks has now become a wholly-owned subsidiary of Uber, preserving its brand Uber on Friday confirmed the official close of its acquisition of Dubai-based car hailing app Careem for…

‘Bangladesh economy to outshine Malaysia, Singapore, Hong Kong by 2024’

‘Bangladesh economy to outshine Malaysia, Singapore, Hong Kong by 2024’

A report of the Centre for Economics and Business Research Bangladesh’s economy will outshine the economy of Malaysia, Hong Kong and Singapore with its presence as the 30th largest economy…

China’s State Grid acquires stake in Oman Electricity

China’s State Grid acquires stake in Oman Electricity

Beijing-based company will acquire the stake in a deal that values Oman Electricity Transmission Co at about $2 billion State Grid Corporation of China has reached an agreement to acquire…

66 businesses awarded National Export Trophy

66 businesses awarded National Export Trophy

The Ministry of Commerce and the Export Promotion Bureau (EPB) jointly organized the function The government on Sunday awarded National Export Trophy to 66 companies for their outstanding performance in…

Axiata Digital launches integrated marketing business- ada

Axiata Digital launches integrated marketing business- ada

Dhaka, 6 May 2018: Axiata Digital- a subsidiary of Axiata Group Berhad, has recently launched, ada, an integrated digital marketing business unlocking brand potential in digital. The new business will…

Square Pharma to go for a manufacturing plant in Kenya

Square Pharma to go for a manufacturing plant in Kenya

Square Pharmaceuticals Limited, one of the major pharmaceuticals companies in Bangladesh, is set to build a factory in Kenya’s Athi River, a town outside Kenya’s capital Nairobi. The installation of…

Toyota planning 10 purely electric vehicles by 2020s

Toyota planning 10 purely electric vehicles by 2020s

Toyota Motor Corp plans to offer more than 10 purely electric vehicle models in its lineup by the early 2020s, marking the Japanese automaker’s commitment to that growing technology sector.…

India business growing at over 100 per cent: Uber

India business growing at over 100 per cent: Uber

NEW DELHI: US-based cab aggregator Uber today said its India business has grown over 100 per cent year-on-year, driven by strong adoption of services like Pool and expansion into smaller…

JPMorgan’s Dimon aiming for China venture with full control

JPMorgan’s Dimon aiming for China venture with full control

JPMorgan Chase & Co Chief Executive Officer (CEO) Jamie Dimon, who in December agreed to exit a minority-owned Chinese investment-banking joint venture, said the US bank is seeking to find…

TVS Motor lines up new models, earmarks

TVS Motor lines up new models, earmarks

TVS Motor Company is lining up new model launches and investments in product development and capacity expansion that will grow its market share in two-wheelers. The two- and three-wheeler manufacturer…

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