World Bank upgrades Nigeria’s economic growth to 1.8%
Potential high oil prices, structural oil sector reforms and market-based flexible exchange rate management as the reasons for upgrades
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Cosco to acquire a minority stake in Port of Hamburg
HHLA Container Terminal Tollerort (CTT) is a wholly-owned subsidiary of Hamburger Hafen und Logistik (HHLA)
China aims for most advanced blockchain technology by 2025
It plans to meld the technology into critical industries and related fields through large-scale applications
Abu Dhabi Terminals to partner with Microsoft
The partnership will enable enhanced container tracking and autonomous shuttle capabilities
Vodafone Egypt to pay EGP10 bn to shareholders
The deal agreement will also be bringing changes to the dividend policy of Vodafone Egypt
Raizen to acquire Shell’s lubricant business in Brazil
Raizen will also acquire a blending plant and a terminal in the state of Rio de Janeiro
Philippines AirAsia partners with GCash to benefit travellers
The deal anticipates the demand for air travel to jump once the quarantine restrictions relax
UK ranks second in Europe for FDI
UK secured 975 FDI projects while France and Germany secured 985 and 930 respectively
GCC banks recovering fast from Covid-19: Report
The profit amount has reached $8.4 bn in the first quarter of 2021
African carriers lose Sh1.1 tn due to Covid-19 in 2020
The drop in the number of scheduled passengers fell from 95 mn in 2019 to 34.7 mn