Real EstateAbu Dhabi announce Dh2. 7 bn residential project at Al Dhafra regionGBO CorrespondentFebruary 14, 2020 GBO CorrespondentFebruary 14, 20200934 The project includes 1,449 apartments, 700 villas two schools, eight mosques and a medical clinic
Top StoriesIMF modifies Kenya’s external debt distress level to moderate from lowGBO CorrespondentFebruary 13, 2020 GBO CorrespondentFebruary 13, 20200657 The country’s improving debt risk is mainly attributed to better debt management plan focused on cheaper, long-term local loans
Top StoriesEtihad to launch subscription service for frequent flyersGBO CorrespondentFebruary 13, 2020 GBO CorrespondentFebruary 13, 20200656 The new service is called TravelPass and will be launched in partnership with Norwegian Braathens IT
Top StoriesEgyptian heatchtech Veezeta secures $40 mn funding for expansionGBO CorrespondentFebruary 12, 2020 GBO CorrespondentFebruary 12, 20200814 Investors who took part in the funding round include Gulf Capital, Saudi Technology Ventures, BECO Capital and others
Top StoriesPetrobras sets new production record in Q4 2019GBO CorrespondentFebruary 11, 2020 GBO CorrespondentFebruary 11, 20200583 It produced over 3 million barrels of oil equivalent per day in the fourth quarter
Top StoriesPrime residential market in Dubai grows by 22% in 2019GBO CorrespondentFebruary 10, 2020 GBO CorrespondentFebruary 10, 20200659 Deals for prime properties in Dubai amounted to Dh42.3 bn in 2019, compared to Dh34.4 bn in 2018
Top StoriesSanad, Ethiopian Airlines partner to establish MRO centre in AfricaGBO CorrespondentFebruary 10, 2020 GBO CorrespondentFebruary 10, 20200750 Both airlines will first establish a centre of excellence for the repair and overhaul of auxiliary power units in Addis Ababa
Top StoriesKenya Airways expands codeshare agreement with AlitaliaGBO CorrespondentFebruary 7, 2020 GBO CorrespondentFebruary 7, 20200826 Alitalia will place Kenya Airways’ flight code on its flights from Rome to places in South America and Seoul
Top StoriesGoJek further diversifies, launches insurance unit GoSureGBO CorrespondentFebruary 6, 2020 GBO CorrespondentFebruary 6, 20200916 Gojek is partnering with local insurtech startup PasarPolis to roll out the new service
Top StoriesEgypt’s CIB to raise E£15 bn to fuel expansionGBO CorrespondentFebruary 5, 2020 GBO CorrespondentFebruary 5, 20200715 The proposal is subject to approval from the general assembly meeting, which is scheduled on March 15