Huawei Egypt, EMC pact to improve energy efficiency
Huawei Egypt signed a collaboration with the Egyptian Maintenance Company (EMC) to focus on green ICT to improve…
Egypt’s M&A activity surges 32% in H2: Baker McKenzie
Egypt’s mergers and acquisitions (M&A) activity have surged by 32 per cent during the second half of 2023,…
S. Africa’s unemployment rate surges to 32.1%
South Africa’s unemployment rate rose by 2 per cent to stand at 32.1 per cent in the fourth quarter of 2023 from…
Norway’s Scatec mulls new energy projects with Egypt – CEO
Norwegian renewable energy producer Scatec ASA is in discussions with Egypt about signing new agreements involving…
S. Arabia’s SNB launches USD-denominated sukuk
The Saudi National Bank (SNB) issued its latest five-year U.S. dollar-denominated senior unsecured sukuk through a…
Goldman, hedge funds eye uranium profits
Goldman Sachs and Macquarie, two investment banks, and some hedge funds are getting ready to profit from a rising…
India invites private sector to invest $26 bln in N. power plant
India is planning to invite private firms to invest around $26 billion in its nuclear energy sector to increase the…
Nigeria’s unemployment rate surges 5%
Nigeria’s unemployment rate rose by 5 per cent in the third quarter of 2023 due to a crisis in the cost of living…
Egypt’s c. bank offers fixed-rate deposits of EGP 150 bln
The Central Bank of Egypt (CBE) offers on Tuesday a fixed-rate deposits for a period of seven days, worth 150…
BAIC’s EV brand to launch first Huawei-backed sedan in ’24
BAIC BluePark New Energy Technology, the electric vehicle arm of Beijing Automotive Group (BAIC), is set to launch…
