Abu Dhabi Commercial Bank (ADCB) Egypt has announced its financial results for 2021, marking its first year of operation in Egypt. Full of achievements, 2021 reflects the success of the …
Business Policies
- AfricaBusiness PoliciesFEATURED NEWS
African Powerhouses Struggle to Retain High Net Worth Individuals
Africa’s largest economies performed poorly in a global report ranking of 187 nations that appeal to High-Net-Worth Individuals (HNWI). The 2022 World Citizenship Report (WCR) found that Africa’s dominant nations …
Electric vehicle charging network provider Infinity-E is in talks with the Egyptian government over plans to roll out 6,000 charging stations across the country. The company is negotiating with the …
Egypt’s annual headline inflation rate increased to 8% in January 2022, up from 4.8 per cent in January 2021, according to a press statement issued by the Central Agency for …
A top UAE lender First Abu Dhabi Bank (FAB) in the United Arab Emirates announced an offer today to buy an Egyptian investment bank. First Abu Dhabi Bank (FAB) stated …
Pfizer made nearly $37bn (£27bn) in sales from its Covid-19 vaccine last year – making it one of the most lucrative products in history – and has forecast another bumper …
- Business PoliciesGlobal News
China far ahead of US, West in infrastructure funding for Sub-Saharan Africa
China’s development banks provided US$23 billion in financing for infrastructure projects in Sub-Saharan Africa from 2007 to 2020, more than double the amount from similar lenders in the United States, …
The Nigerian economy is rebounding from a historic downturn according to the International Monetary Fund (IMF), thanks to government policy support, rising oil prices, and international financial assistance. The IMF …
- Business PoliciesWestern Africa
Nigeria: Presidency bemoans bureaucratic, regulatory challenges to EODB
The Presidential Enabling Business Environment Council (PEBEC) has expressed dissatisfaction over several bureaucratic and regulatory challenges at all arms and levels of government, attributing them as barriers to conducting business …
Sundar Pichai, CEO of Google, disclosed during the African Union Summit Business Forum on Monday that the continent is moving toward a digital transformation. “Africa is increasingly becoming a place …