Tag: Africa

Saudi Investment Fund announces the largest bookbuild offering in MENA

Saudi Investment Fund announces the largest bookbuild offering in MENA PIF today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering. The offering comprised 100 million shares, representing 2% of stc’s issued share capital. The total value of the offering was SAR 3.86 billion ($1.03 billion), with a final offer price of SAR...

Saudi Arabia November 16, 2024

APIC achieves $4.5 million by Q3/ 2024

APIC achieves $4.5 million in net profits attributed to its shareholders by Q3/ 2024 Apic IB-Q3-2024

Economic Reports November 14, 2024

Dubai Chamber of Commerce supports growth of Chinese logistics company

Dubai Chamber of Commerce supports growth of Chinese logistics company With the support of Dubai Chamber of Commerce, Chinese logistics company J&T Express has expanded...

Dubai April 17, 2022

Olympics will take Egypt construction to new heights

Olympics will take Egypt construction to new heights Following the news that Egypt is planning to bid to host the 2036 Olympic Games; Colin Foreman, Deputy Editor...

Construction January 9, 2022

Africa Set To Become a Digital Talent Powerhouse

Africa Set To Become a Digital Talent Powerhouse according to experts at inaugural GITEX Global Leaders Vision Summit Africa is poised to power the world’s digital...

Africa October 18, 2021

Over 10,000 Bitcoin ATMs installed globally in 2021 as demand for crypto surges

Over 10,000 Bitcoin ATMs installed globally in 2021 as demand for crypto surges Bitcoin ATMs have emerged as a key element in the growth of...

Finance October 6, 2021

Agricultural technology in Africa at the heart of the continent’s food Security action plans

Agricultural technology in Africa at the heart of the continent's food Security action plans A collaborative effort to invest in agriculture, agri-tech solutions and...

Africa September 11, 2021

What Egypt”s plans to adapt to the ‘New Normal’ Post-COVID Economy

What Egypt"s plans to adapt to the ‘New Normal’ Post-COVID Economy Egypt is welcoming the international community to “the new normal” — a two-speed world...

Egypt September 2, 2021

Microsoft Teams Grew Over 90% in 2020 Due To Pandemic; 145M Daily Active Users in 2021

Microsoft Teams Grew Over 90% in 2020 Due To Pandemic; 145M Daily Active Users in 2021 Microsoft Teams surged in popularity as a direct result...

Technologies June 30, 2021

COVAX expects to start sending millions of COVID-19 vaccines to Africa in February

COVAX expects to start sending millions of COVID-19 vaccines to Africa in February COVAX has notified countries in Africa of the estimated dose allocation for...

Africa February 6, 2021

Middle East and Africa power industry tenders up 2% in August 2020

Middle East and Africa power industry tenders up 2% in August 2020 Middle East and Africa power industry tenders activity in August 2020 saw...

Africa September 21, 2020

Quarantine Measures Threaten Aviation Restart in Africa & the Middle East

Quarantine Measures Threaten Aviation Restart in Africa & the Middle East The International Air Transport Association (IATA) urged governments in Africa and the Middle...

Aviation July 6, 2020

Middle East and Africa T&D project tenders activity increases 53% in Q3 2019

Middle East and Africa T&D project tenders activity soars by 53% in Q3 2019 There were 165 T&D project tenders announced in the Middle East...

Africa January 23, 2020

Equatorial Guinea’s Year of Energy becomes Call to Action for Africa’s Oil Industry

Equatorial Guinea’s Year of Energy becomes Call to Action for Africa’s Oil Industry The Ministry of Mines and Hydrocarbons continues rolling out the Year of...

Africa June 11, 2019