UK ranks second in Europe for FDI
UK secured 975 FDI projects while France and Germany secured 985 and 930 respectively
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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
Re-labelled Venezuela crude worth $3.5 bn enters China in 12 months
The fuel taxes can upend the flow of the sanctioned crude to China
Saudi Arabia’s privatisation plan to raise $55 bn
The plan includes identifying 160 projects in 16 sectors like asset sales and public-private partnerships
Islamic banks to boost Malaysia’s growth: S&P Global
Islamic banking could easily double loan growth at 10 to 12 percent or higher
Energy Chamber joins OPEC-Africa Energy Dialogue
OPEC-Africa Energy Dialogue was hosted to promote continent-wide cooperation initiatives
Investors prefer gold due to the volatility of cryptocurrencies
They prefer the precious metal because of its reliability and stability in the market
Mango Airlines to receive $59.5 mn in financial relief
The South African Parliament is expected to process the bill that will release the funds
Nigeria’s CribMD raises $2.6 mn for product development and team expansion
US-based Sputnik ATX and the Guardian Nigeria participated in the funding round