China’s sees surge in imports, exports with ease in trade restrictions
In September, the mainland’s exports increased 9.9 percent from the previous year
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Investors support China Eastern Airlines’ equity diversification plans
China Life Investment will inject ¥11 billion, while Shanghai Jiushi will invest ¥10 billion in the airline
Almajdouie Logistics to implement advanced fleet management
The new fleet management system will help the logistics company to improve efficiency and fulfill stringent regional legal requirements
Juniper to equip Telefonica Spain with fourth-gen Input Output Cards
Telefonica Spain has inked a deal with Juniper Networks as part of the latter’s 5G network growth
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 Palm Hills Developments, making it the largest shareholder in the Egyptian company
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 surge of 8.2 percent in the coming year
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 ventures fund
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