Kenya Airways expands codeshare agreement with Alitalia
Alitalia will place Kenya Airways’ flight code on its flights from Rome to places in South America and Seoul
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GoJek further diversifies, launches insurance unit GoSure
Gojek is partnering with local insurtech startup PasarPolis to roll out the new service
Egypt’s CIB to raise E£15 bn to fuel expansion
The proposal is subject to approval from the general assembly meeting, which is scheduled on March 15
Worldline Ingenico deal to create world’s fourth-biggest payments company
The deal to buy Ingenico would cost Worldline around €7.8 bn
Dubai property prices to rebound despite new additions
Experts believe property prices will rebound due to positive market sentiment and decline in new projects
Egypt’s SDX Energy announces new gas discovery in Morocco
The North Africa-directed exploration and production firm is also getting ready to drill a couple of new exploration wells at Disouq in Egypt
Costs of grounding 737 Max to exceed over $18 billion: Boeing
The aircraft manufacturing giant also said it would incur a further loss of $410 million due to its unsuccessful rocket launch last year
Saudi Telecom Company unveils region’s first autonomous 5G bus
The state-owned telecom firm recently started 5G network services in the Saudi market, commencing its commercial operations in June last year
Singapore’s GIC acquires stake in Myanmar’s Yoma Bank
In latest investing round, GIC and Norway’s Norfund AS will purchase around 30 percent of the business for $88.7 million.
HSBC mulling over withdrawing its operations in Turkey
The banking giant’s likely departure in Turkey, where it has its presence since 1990, would be HSBC’s largest country exit in recent times