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MENA Region Embarking On A Green Automotive Transition

GCC/Africa: The first of a two-part Environmental, Social and Governance (ESG) Intelligence report, produced by Oxford Business Group (OBG) in partnership with General Motors (GM),...
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OFID approves US$20m for SMEs in East Africa

OFID approves US$20m for SMEs in East Africa

(WAM) -- The OPEC Fund for International Development, OFID, has signed a US$20 million term loan in favour of East African Development Bank, EADB....
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Emirates’ A380s return to the skies

Emirates’ A380s return to the skies

Announces A380 services to Amsterdam, resumes A380 flights to London and Paris and restarts services to 7 other cities in a day Emirates will deploy...
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Chinese City Lifts Threat Level; Australia to Ease: Virus Update

Chinese City Lifts Threat Level; Australia to Ease: Virus Update

(Bloomberg) -- Global coronavirus cases went past the 4 million mark, with deaths exceeding 279,000. Shulan, a Chinese city in the northeastern province of Jilin bordering...
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It’s Getting More Expensive to Eat, and Economists Are Worried

(Bloomberg) --Food prices are climbing fast in the world’s biggest emerging markets, posing a possible inflation threat after months of dormant pressures. Asia’s two largest...
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africa poverty

Africa May Have 90% of the World’s Poor in Next 10 Years, World Bank...

(Bloomberg) -- Africa could be home to 90% of the world’s poor by 2030 as governments across the continent have little fiscal space to invest...
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US-China trade war: Middle East air freight volumes see sharp decline

An International Air Transport Association (IATA) data report shows that the global air freight market contracted by 3.2% in July this year, compared to...
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Raysut Cement plans $30mn cement grinding unit in Duqm SEZ

Raysut Cement Company (RCC), in a filing listed on Muscat Securities Market (MSM), has announced its plans to set up a cement grinding unit...
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accor; Accor Plans 60 New Hotels in Africa, Half of Them in Egypt

Accor Plans 60 New Hotels in Africa, Half of Them in Egypt

Accor SA will open 60 new hotels in 14 countries in Africa in the next four years, its Chief Executive Officer for Middle East...
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