Top StoriesSanad, Ethiopian Airlines partner to establish MRO centre in AfricaGBO CorrespondentFebruary 10, 2020 GBO CorrespondentFebruary 10, 20200756 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, 20200837 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, 20200933 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, 20200728 The proposal is subject to approval from the general assembly meeting, which is scheduled on March 15
Top StoriesWorldline Ingenico deal to create world’s fourth-biggest payments companyGBO CorrespondentFebruary 4, 2020 GBO CorrespondentFebruary 4, 202001012 The deal to buy Ingenico would cost Worldline around €7.8 bn
Top StoriesDubai property prices to rebound despite new additionsGBO CorrespondentFebruary 3, 2020 GBO CorrespondentFebruary 3, 20200905 Experts believe property prices will rebound due to positive market sentiment and decline in new projects
EnergyTop StoriesEgypt’s SDX Energy announces new gas discovery in MoroccoGBO CorrespondentJanuary 31, 2020 GBO CorrespondentJanuary 31, 20200922 The North Africa-directed exploration and production firm is also getting ready to drill a couple of new exploration wells at Disouq in Egypt
FinanceTop StoriesCosts of grounding 737 Max to exceed over $18 billion: BoeingGBO CorrespondentJanuary 31, 2020 GBO CorrespondentJanuary 31, 20200855 The aircraft manufacturing giant also said it would incur a further loss of $410 million due to its unsuccessful rocket launch last year
TechnologyTop StoriesSaudi Telecom Company unveils region’s first autonomous 5G busGBO CorrespondentJanuary 30, 2020 GBO CorrespondentJanuary 30, 202001711 The state-owned telecom firm recently started 5G network services in the Saudi market, commencing its commercial operations in June last year
FinanceTop StoriesSingapore’s GIC acquires stake in Myanmar’s Yoma BankGBO CorrespondentJanuary 30, 2020 GBO CorrespondentJanuary 30, 202001311 In latest investing round, GIC and Norway’s Norfund AS will purchase around 30 percent of the business for $88.7 million.