Anne Florentyna

68 published stories

Anne Florentyna, Business Correspondent reports on sector wide company news that moves the overall economy, mostly hailing from Middle East and that are around the Asia Pacific region. She is passionate about research and loves to question than believe in theories. Anne previously worked with Reuters News as a U.S. Consumer and Retail Correspondent based in Bengaluru, India.

Finance

Arthur J. Gallagher & Co to Acquire Lifesure Group

Global insurance brokerage firm Arthur J. Gallagher & Co said it will acquire UK based insurance company Lifesure Group Ltd on Tuesday. Gallagher said as part of the deal, it will also acquire Lifesure’s affiliated company Barnes Commercial, an insurance broker serving small-to-medium businesses. However, the terms of the transaction were not disclosed. Paul Reid, […]

Anne Florentyna5 September 20231 min read

Technology

ProductME Presents “Unveiling Data Analytics Insights” on September 11

ProductME will be hosting an event on the topic of “Unveiling Data Analytics Insights” on September 11, 2023 from 6:00 pm to 9:00 pm at Rove Downtown, Dubai. About the Upcoming Event: Amid the dynamic business environment, informed decisions are the bedrock of success. ProductME’s upcoming event involves a captivating panel discussion that delves into […]

Anne Florentyna4 September 20232 min read

Technology

Astra Tech to launch Alipay+ with Ant Group in UAE

Consumer technology holding group Astra Tech said it will partner with Ant Group, one of the world’s largest digital payment platforms on Monday. This collaboration is aimed to witness the integration of global cross-border digital payment system Alipay+ through the PayBy, one of the leading contactless and cashless mobile payment provider in UAE. Astra Tech […]

Anne Florentyna4 September 20231 min read

Finance

Navigator Rebrands to GROW with Singlife

Navigator Investment Services Ltd, an integrated investment platform rebranded its label ‘Navigator’ to GROW with Singlife with an objective to invest on technology to provide tailored services on Monday. The initiative is aimed to reaffirm its commitment to provide its clients a solid investment experience as they work towards their financial goals. The company said […]

Anne Florentyna4 September 20231 min read

Energy

Italy based Eni in plans to invest $7.7 Bln in Egypt’s energy sector

Egyptian President Abdel Fattah Al-Sisi met with Claudio Descalzi, chief executive of Italian oil and gas firm Eni, and other senior officials of the company on Sunday, reported the Daily News Egypt. Tarek El-Molla, Egyptian minister of petroleum and mineral resources also was present in the meeting along with some senior officials from Eni, based […]

Anne Florentyna4 September 20231 min read

Technology

SAP GROW to Accelerate Cloud Adoption across South Africa

Multinational software firm SAP Africa said to launch GROW with SAP in South Africa, a new offering to help midsize customers adopt cloud enterprise resource planning (ERP). This the company said will enable speed, predictability and continuous innovation. The company said GROW with SAP customers would get the same best practices, while benefiting from rapid […]

Anne Florentyna25 August 20231 min read

Real Estate

Middle Eastern Investors to Bet $120 bn in Egypt’s Real Estate Market

Global real estate consultancy, Knight Frank MENA released the Africa Horizons 2023/24 Report, an analysis that highlights Africa’s remarkable post-pandemic recovery. With a focus on Egypt, this report reveals a renewed surge in global interest in the continent, underscored by substantial investment commitments from major global powers including the US, UK, South Korea, UAE, Saudi […]

Anne Florentyna21 August 20232 min read

Oil and Gas

Nigeria’s Ogbonnaya says Country Requires $20bn Annual Investment in Gas Infrastructure to Boost Expansion

Nigeria requires an estimated $20 billion annual investment in gas infrastructure to boost expansion, said Dr Orji Ogbonnaya, executive secretary of Nigeria Extractive Industries Transparency Initiative (NEITI), reported in the Nigerian Tribune. The report added that Ogbonnaya, in his presentation, urged the need for the government to put in place a national gas utilisation policy […]

Anne Florentyna16 August 20231 min read

Oil and Gas

ONGC Plans to Set Up Two Oil-to-Chemical Plants in India

Oil and Natural Gas Corp Ltd (ONGC) is looking at setting up two oil-to-chemical plants in India to convert crude oil directly into high-value chemical products, as the company prepares for its energy transition, said Arun Kumar Singh, Chairman, ONGC, Economic Times reported. Crude oil is a liquid petroleum product formed from the remains of […]

Anne Florentyna8 August 20232 min read

Banking

UAE’s Al Ansari to Acquire Majority Stake in Oman’s Exchange Firm

UAE-based Al Ansari Financial Services on Monday said that, it has sent a formal proposal to acquire majority stake in one of Oman’s prominent exchange companies. But, it has not disclosed the name of the Omani company or the terms of the potential deal. The company said, it received an initial approval subject to meeting […]

Anne Florentyna8 August 20231 min read

Finance

UAE’s Ministry of Finance Launches Strategic Plan for 2023-2026

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, on Sunday launched Ministry of Finance’s strategic plan 2023-2026 for UAE. Sheikh Maktoum called it a roadmap to improve the government’s performance through financial empowerment, leadership and development. The four-year strategy of the finance ministry is […]

Anne Florentyna7 August 20231 min read

Banking

RBI Updates UPI Money Transfer Facility for Foreign Tourists

India’s central bank Reserve Bank of India (RBI) have updated their master directions on prepaid payment instruments, where travellers from G20 countries, including those from Gulf regions as well as the non-resident Indians (NRIs) can access the recently launched unified payments interface (UPI). Dr Bhagwat Karad, Minister of State for Finance said, most countries outside […]

Anne Florentyna4 August 20231 min read