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BUSINESS
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VIDEO: The rising profil...
Videos
BUSINESS
May 20, 2022
VIDEO: The rising profile of India's Adani Group in the Middle East
The market capitalization of the Adani Group is estimated to be $215 billion
INFRASTRUCTURE
Saudi PIF launches new company to run Expo 2030
REAL ESTATE
Emirates Properties launches ultra-luxury branded project in Dubai
TOURISM
Egypt targets 30mln tourists by 2031 under new investment plan
FINANCIAL SERVICES
Saudi: New SAMA rules limit credit card fees: 3% cash withdrawal, 2% foreign purchases, free e-wallet top-ups
FINANCIAL SERVICES
Gross banks’ assets up by 1.9% to $1285.1bln at end of March: CBUAE
REAL ESTATE
Aldar generates more than $953mln in sales at Fahid Island during launch week
ENERGY
Qatar holds talks with energy companies on risk of Israel-Iran conflict, sources say
AVIATION
AVIATION
Turkish Airlines explores Air Europa stake as bid deadline looms
AVIATION
Gulf airlines halt some regional flights after Israel-Iran conflict
AVIATION
South Africa: Air du Cap launches private charter flights from Joburg’s Grand Central Airport
TRAVEL AND TOURISM
Oman: Dhofar's Khareef Season boosted by new Saudi Airlines route
BANKING & INSURANCE
ECONOMY
South Africa's top banks pass first climate stress test but data gaps identified
INSURANCE
Egypt: FRA extends submission deadlines for insurance companies’ financial statements
FINANCIAL SERVICES
Saudi bank credit records annual growth of over $118.13bln by end of April 2025
COMMODITIES
GOLD
Gold poised for worst week in a month as US rate cut expectations ease
GOLD
Gold poised for worst week in a month as US rate cut expectations ease
OIL
Nigeria: Dangote blames shortage of domestic crude oil for reliance on imports from US
AFRICA
Zimbabwe says gold-backed currency stable but investor doubts persist
CURRENCIES
CURRENCIES
Wall St futures edge lower as Middle East war enters second week
CURRENCIES
Stocks take a breather as investors assess geopolitics, economic data
CURRENCIES
Sterling set for weekly loss as Middle East conflict overshadows domestic data
CURRENCIES
Egyptian pound weakens against dollar on Thursday
DIGITAL ASSETS
EQUITIES
Don’t invest in Zugacoin, Samzuga GPT — SEC warns Nigerians
CRYPTOCURRENCY
Portfolio diversification: PrimeXBT brings regulated crypto and traditional trading into one platform
CRYPTOCURRENCY
Circle, Coinbase shares soar as Senate clears path for stablecoin regulation
CRYPTOCURRENCY
2025 global crypto outlook: Regulations, price volatility and the future
CRYPTOCURRENCY
Top analysts uncover the 4 best crypto to watch now for real utility and 2025 growth
CRYPTOCURRENCY
4 best cryptos to buy under $1 before they hit major listings
ENERGY
ENERGY
Africa Energy sees first output from South Africa's largest gas field by 2033
ENERGY
Egypt: SCZone lays foundation stone of $200mln solar energy complex in Ain Sokhna
ENERGY
UAE chairs Global Energy Efficiency Alliance
FINTECH
FINTECH
SaturnX closes $3mln funding round to expand in Southeast Asia
FINTECH
DisrupTech backs Nigeria-based agri-fintech Winich’s funding round for MENA expansion
FINTECH
Octane raises $5.2mln to transform MENA’s fleet payments
FINTECH
EG Bank, Mastercard join forces to reinforce digital payment services
HEALTHCARE
INFRASTRUCTURE
Nigeria: How Gov Ododo is leveraging multilateral partnership to transform road infrastructure?
HEALTHCARE
Nigeria, Africa bear 25% of global disease burden — Expert
ARTIFICIAL INTELLIGENCE
AI is all about doing more with less and opens the door to new possibilities
EQUITIES
CI Capital’s subsidiary launches Egypt’s 1st sustainable equity fund Misr Green
INSURANCE
Oman: FSA prepares for second phase of Dhamani platform
ARTIFICIAL INTELLIGENCE
Meta launches open-source AI accelerator across sub-Saharan Africa
INVESTMENT
INVESTMENT
Tunisia: FDI up 21% in 2024 (UNCTAD)
ARTIFICIAL INTELLIGENCE
South Korea says SK and Amazon to invest $5bln in country's biggest data centre
INVESTMENT
Egypt ranks 9th in 2024 global FDI attractiveness: UNCTAD
ECOMMERCE
Amazon to invest $233mln in India to expand operations infrastructure, improve tech
INVESTMENT
Jordan, Germany discuss investment, vocational training
INDUSTRIAL
Egypt: SCZone, UR-SA sign $20mln contract to build packaging plant in Qantara West
M&A
EQUITIES
Mideast Stocks: UAE stocks bounce back amid hopes of regional de-escalation
EQUITIES
Accenture beats third-quarter revenue estimates
EQUITIES
FTSE 100 edges up as US holds off decision on Middle East involvement
REAL ESTATE
REAL ESTATE
Qatar: Affordable housing demand surges amid rising expat influx
REAL ESTATE
Egypt's president ratifies law to establish unified national real estate database
REAL ESTATE
Azizi teams up with Thomsun Industries for Dubai project work
REAL ESTATE
Omniyat unveils $980mln ultra-luxury project in Dubai
REAL ESTATE
LEOS unveils new 168-unit residential project in Dubailand
REAL ESTATE
Roshn launches over 1,000 Aldanah residential units for sale in Saudi
RETAIL & CONSUMER
RETAIL
South Africa: Local retail sales rise 5.1% year on year in April
RETAIL
Southeast Asia's Mr.DIY to open in South Africa
RETAIL
Insights-driven marketing: Reshaping consumer market research
RETAIL
5 things you might not know about South Africa's youth consumer class
SOVEREIGN WEALTH FUNDS
ARTIFICIAL INTELLIGENCE
SoftBank's Son pitches $1trln US AI hub to TSMC and Trump team, Bloomberg News reports
MINING
Omani fund replaces Russia's Alrosa in Angolan diamond miner Catoca
ARTIFICIAL INTELLIGENCE
Kuwait Investment Authority joins AI Infrastructure Partnership
FUNDS
Indonesia sovereign wealth funds and France's Eramet to create platform to invest in nickel-based industry
TECHNOLOGY & TELECOM
TECHNOLOGY
India's TCS says none of its systems were compromised in M&S hack
TECHNOLOGY
US firm VXI to create 4,000 jobs in Egypt in $135mln expansion
TECHNOLOGY
Microsoft prepared to abandon high-stakes talks with OpenAI, FT reports
TECHNOLOGY
Apple eyes using AI to design its chips, technology executive says
TRANSPORT & LOGISTICS
LOGISTICS
FedEx suspends all pickups for shipments to Israel and Iraq
LOGISTICS
Logistics sector opens new tech-driven career paths for South Africa’s youth
TRANSPORT
Jordan: Public Works Ministry, customs department discuss projects to rehabilitate border crossings
TRAVEL & TOURISM
TRAVEL AND TOURISM
Tanzania opens skies to stem tourism losses after EU flights ban
TRAVEL AND TOURISM
Hotel occupancy in Jordan drops ‘sharply’ amid regional tensions — JHA
TRAVEL AND TOURISM
Marriott to add 50 properties, 9,000 rooms in Africa by 2027
HOSPITALITY
Rotana boosts sustainability with Ecolab, Stella Hospitality
MORE ON BUSINESS
MARITIME
National Maritime Navigation Centre to strengthen UAE’s leadership in maritime sector
ECONOMY
South Africa: Business Talk Season 13 – coming soon
ECONOMY
How embracing the circular economy can be a game-changer for businesses?
AUTOMOTIVE
How is Tesla expected to remotely control its robotaxis, and what are its limitations?
TELECOM
South Africa: MTN launches Youth Hustle Hub 2025 with $55,428 prize pool
SME
SME compliance in South Africa: What every small business should know?
ARTIFICIAL INTELLIGENCE
Google’s Veo 3: Advertising’s new AI tipping point
OPEC
OPEC Fund commits $1bln in new financing for developing nations
OIL
Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict
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