UAE’s UPP Capital plans to reacquire 12.5% stake in Palm Hills Developments
In July, AAIB acquired 381.9 million shares worth EGP 544.2 million in...
GBO Correspondent
China to be the only major economy to grow this year
The country’s GDP is expected to surge 1.9 percent before a significant...
European Proptech Fund will firm up ecosystem of real estate firms and tech solutions
BNP Paribas Real Estate will fund the development through its Opera tech...
Beazley expands life science insurance targeting R&D firms
The new insurance covers international risks up to $32 million...
Temasek establishes new asset management entity worth $50 bn
Seviora will serve as an operational company for four of Temasek-owned firms...
IFC provides $40 million credit facility to Nigeria’s Union Bank
The fund is part of IFC’s Global Trade Finance Programme...
GenCell Energy provides G5 long-duration backup solution to European telecom
The company will install a smooth, cost-efficient and reliable supply of hydrogen...
Ningbo Zhoushan Port, Brazil’s Vale collaborate as part of West III project
Both companies will own 50 percent stake in the joint venture and...
China starts virtual currency trials to modernise payment systems
For the uninitiated, the digital currency is not a cryptocurrency like bitcoin...
Pemex issues $1.5-billion bond to raise funds for debt refinancing
The oil major produced an average of 1.692 million bpd of crude...