Elsewedy Electric to establish new Toshka 4 power station
Elsewedy Electric has signed contracts worth EGP 3 billion this year
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Lufthansa to cut costs, signs deal with trade union Verdi
Lufthansa’s ground staff will not receive their Christmas bonus this year, as well as vacation bonus till next year end
Hai Phong touted as Southeast Asia’s Shenzhen by Hong Kong investment adviser
Hai Phong’s economy surged 16.7 percent in 2019
Nedbank fosters Namibia’s economic recovery
The country’s manufacturing sector contracted 30.8 percent in the second quarter
HLT teams up with ITU, dnata for marching learning developments
Dnata’s Hermes Digital Ecosystem will be used to power the AI algorithms
Bahrain’s Investcorp invests fresh capital into China’s Kindstar Globalgene
The investment will bolster Investcorp’s recently rolled out investment platform in Chinese healthcare companies.
Saudi economy sees rebound in Q3 amid oil market downturn
The Kingdom’s economy has slumped 4.2 percent compared to the previous year
China Construction Bank to sell $3 bn worth of blockchain-based debt
The bank will issue the certificate of deposits for three months through its Labuan branch
South African stock market surges for the first time since March
The country’s stock market went frenzy with stocks and rand posting big gains
Orange to acquire 54% stake in Telekom Romania from OTE
The French telecom major will retain its ownership in the Romanian company’s mobile business