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
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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
GenCell Energy provides G5 long-duration backup solution to European telecom
The company will install a smooth, cost-efficient and reliable supply of hydrogen cylinders to the cell tower
Ningbo Zhoushan Port, Brazil’s Vale collaborate as part of West III project
Both companies will own 50 percent stake in the joint venture and operate a terminal in Shulanghu Port in Zhoushan
China starts virtual currency trials to modernise payment systems
For the uninitiated, the digital currency is not a cryptocurrency like bitcoin