News

Allianz Considers East African Region as High Potential for Growth

Microinsurance – with premiums starting at around $1.30 per month – is gaining traction as part…

Wind Energy Deal to Help Power 400,000 Ethiopian Households

Siemens Gamesa has signed its first deal to build a 100 MW wind farm in Ethiopia.…

Cosmopolitan The Daily Business Award Winners 2020

Best Digital Bank – EgyptAbu Dhabi Islamic Bank (ADIB) Best Islamic Bank – EgyptAbu Dhabi Islamic…

Bangko Sentral ng Pilipinas to Strengthen Payment Systems

Bangko Sentral ng Pilipinas has issued two circulars for consultation that aim to strengthen the governance…

South Korea Plans to Convert Coal Plants into LNG-Fired Facilities

Increasing the capacity of its LNG-based power plants by 43% over the next 13 years, moving…

Southeast Asia sees Energy Crunch due to Rising Demand

Rapidly growing populations and GDP, Southeast Asia has been in an energy crunch for 20 years.…

Integrated Property Developer, Vista Land & Lifescapes Inc Optimistic for 2021

Vista Land said its optimism comes as it saw a number of positive signs of recovery…

Malaysia’s Manufacturing Index Grew During Last Quarter of 2020

Malaysia manufacturing PMI increased to 49.1 in December from 48.4 in November. Manufacturing purchasing managers’ index…

Saudi Aramco Signs a Strategic Alliance with SAP

Agreement with SAP focuses on the digitalisation of its Enterprise Resource Planning (ERP) systems. Aramco said…

ADNOC Distribution to Expand into Saudi Arabia

Abu Dhabi-based fuel and convenience retailer ADNOC Distribution has signed an agreement to acquire 15 fuel…