Eskom supplies more than 90 percent of South Africa’s electricity and is heavily reliant on...
Latest News
Nigerian bank’s assets lower than other African nations
As of mid-2019, the total value of Nigerian bank’s assets was N43.7 trillion
DP World to build Namibia industrial, logistics economic zone
The project can create up to 20, 000 job opportunities and attract investments of around $1.7 bn
Etihad to collaborate with Emirates in cargo also
The two heavyweights already also work together on aviation security and maintenance
Dubai Islamic Bank issues 5-year sukuk to raise $750 mn
The sukuk, which offer investors 140 basis points over midswaps, was oversubscribed by more than...
Ericsson: Global 5G subscription to reach 2.6 bn by 2025
In the next six years, 65% of the global population will have access to 5G technology
Singapore online insurer FWD exits group medical insurance
The decision could impact nearly 80,000 members across various companies
Finance
UAE creates fintech office to better regulate sector
The UAE fintech office will position the central bank as the coordinating authority, regulator, and...
Technology
Finland joins AI pilot to identify kids with writing disorders
A new video game environment that utilises artificial intelligence could make it easier to diagnose...
Real Estate
Sidra Capital buys US real estate portfolio for $206 mn
The portfolio comprises 30 fully occupied single tenant net leased assets
Increasing residential unit supply to hit Dubai real estate...
20, 978 residential units have been completed in the emirate in the first half of 2019
Brands
DP World attributes profit to resilience, strength of portfolio
Its revenues increased by almost 32% to $3.4 bn during the first six months of the year
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