Private Consortium to buy Stake into Long Troubled South African Airways

The government has selected the Takatso Consortium, comprising infrastructure investor Harith General Partners and aviation group…

African Development Bank Launches five-and-a-half-year ‘Kangaroo’ Social Bond

A kangaroo bond, sometimes known as a matilda bond, is a foreign bond issued in the…

Wärtsilä Commissions Energy Storage Projects in the Philippines

The project is part of a multiple energy storage contract with SMC Global Power Holdings Inc.…

Banpu Public Company Limited Acquires Solar Farms in Australia

Thailand’s Banpu Public Company Limited has acquired two operating solar farms in New South Wales, Australia…

Didi Chuxing Files to go public in US

Didi, which filed under its formal name of Xiaoju Kuaizhi Inc., could be valued at around…

Equinix Clinches Joint Venture Deals with Singapore’s GIC

United States-based data centre firm Equinix said that it had signed agreements for additional joint ventures…

2021 Growth Forecasts for the Singapore Economy

The economy to grow 6.5 per cent this year, up from the earlier forecast of 5.8…

Abu Dhabi Ports Opens Expanded Container Terminal

Fujairah Terminals, part of the Abu Dhabi Ports, has opened its newly expanded container terminal under…

Aramco Sells Islamic Bonds

The state-controlled company sold sukuk due in three, five and 10 years, and the longest portion…

Dubai’s Foreign Trade in Q1 2021 Touched Dhs354.4bn

Exports grew 25 per cent to Dhs50.5bn, representing a volume of 5 million tonnes (up 20…