September 25, 2018

Sudan to get largest share of $60bn Africa aid from China...

Sudan has acquired the largest share of aid allocated to Africa at the China-Africa Cooperation summit, where $60 billion was pledged “to achieve development in the African countries,” Asharq Al-Awsat reported yesterday.

The"...

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September 25, 2018

Singapore imposes fines on Grab and Uber

SINGAPORE: Singapore slapped ride-hailing firms Grab and Uber with fines and finalised restrictions to open up the market to competitors after concluding that their merger in March has driven up prices.
Uber Technologies Inc [UBER.UL] sold its Southeast Asian business to bigger regional"...

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September 25, 2018

China says US trying to bully it into submission as fresh...

BEIJING: The United States and China imposed fresh tariffs on each other’s goods on Monday as the world’s biggest economies showed no signs of backing down from an increasingly bitter trade dispute that is expected to knock global economic growth.
Soon after the fresh"...

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September 25, 2018

German business morale falls less than expected

BERLIN: German business morale deteriorated less than expected in September, a survey showed on Monday, suggesting that company executives have become somewhat less confident about the growth outlook of Europe’s biggest economy. The Munich-based Ifo economic institute said its business"...

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September 25, 2018

Training course targets developing trainers' level in micro-finance...

SANAA, Sept. 24 (Saba) – A training course was held on Sunday in the capital Sanaa to train the trainers in the field of the micro-finance in cooperation with the social Fund for Development.


...

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September 25, 2018

The Importance of a “Strategic Investor” v/s...

The last decade in the Middle East region has witnessed immense growth and challenges. There are many companies who have exploited the growth wave and grew their business exponentially. At the same time, there are companies that struggled either due to their resistance to change, or due"...

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September 24, 2018

Japanese companies ready to invest in South Africa

Many Japanese companies are keen to invest in South Africa and others are interested in expanding their investments, Invest South Africa acting head Yunus Hoosen said on Sunday. .

In a statement after returning"...

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September 24, 2018

LNG shipping rates spike with no respite seen

The price of shipping liquefied natural gas (LNG) has spiked in September and is likely to remain high next year, buoyed by rising production from new plants and concerns that demand for LNG vessels will outpace supply.
The rate for vessels shipping LNG from the Atlantic Basin to"...

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September 24, 2018

Farfetch tops price range in IPO in boon to luxury market...

PARIS/NEW YORK: Farfetch priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a bet web sales have become for high-end brands. E-commerce is emerging as one of the biggest growth"...

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September 24, 2018

51% of People in the GCC Love Cricket, a Survey Reveals

Cricket’s popularity is striking in a demography that has historically been inclined towards football. According to a pan-GCC YouGov survey commissioned by UAE Exchange, more than half (51%) of the people participating in survey from GCC are cricket fans. To understand where cricket"...

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