India’s plan to create its first ‘bad bank’ to absorb non-performing assets from public-sector banks could…
Category: Editor’s Pick
Kuwait Taps Wealth Fund
Kuwait has transferred the last of its performing assets to the country’s sovereign wealth fund in…
European Investment Bank (EIB) to Finance Burkina Faso Solar Plant
EU lender the European Investment Bank (EIB) has announced plans to finance the expansion of a…
Abu Dhabi Commercial Bank Reports Profit for 2020 however Down Year on Year
Fourth quarter of the year the bank reported a net profit of Dh1 billion, down 4…
Latin America Logistics Market to Boom
Brazil dominates in the Latin America logistics market, followed by Mexico, Argentina, Colombia, and others. Whereas…
Airline in Africa Survive the Pandemic
Strict measures to fight the pandemic nearly brought domestic and international travels to a standstill in…
Asian Oil Refiners Target European Crude
Trading arm of China’s biggest oil refiner Sinopec Group, bought four North Sea crude shipments in…
Investment Gap on Energy Efficiency
Energy efficiency plays a crucial role in achieving the EU’s Green Deal ambition of becoming climate-neutral…
African Economies will Probably have Outperformed the Rest of the World in 2020
Africa’s 54 countries now include seven of the globe’s 10 fastest-growing economies, in part because the…
UAE’s Economic Recovery
Unprecedented fiscal stimulus and monetary policy support, the IMF estimates that global growth contracted by -4.5…