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South Africa's business confidence hits 16-year low, weakens rand
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| South Africa’s business confidence fell to its lowest level in more than 16 years due to subdued domestic economic performance and global financial market turmoil, a survey showed on Thursday, pushing the rand to a week’s low against the Read More... |
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Ministries to discuss unifying oil products prices in GCC countries
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| The 15th preparatory meeting of GCC oil undersecretaries committee, scheduled on next Wednesday in Doha, is planned to discuss the possibility of unifying prices of oil products in the GCC countries, Kuwait Oil ministry said Sunday.
In a statement tRead More... |
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Anglo American in talks to sell S.Africa platinum mines
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| JOHANNESBURG, Sep 4- Mining giant Anglo American has opened talks to sell platinum mines in South Africa to Sibanye Gold, the country’s biggest producer of gold, as the platinum industry struggles with falling prices and industrial unrest.
PriRead More... |
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India, UAE set up joint business council
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| New Delhi: Following Prime Minister Narendra Modi’s visit to the UAE last month, India’s historic ties with the Gulf nation went to a new level with the setting up of a joint business council on Thursday.
External Affairs MinisteRead More... |
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AFRICA BUSINESS-Nigeria firms ease access to labour market for unemployed youths
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A year ago, computer science graduate Tolulope Komolafe was among the millions of young Nigerians unable to find full-time work.
Her only income came from tutoring teenagers in maths and science, for which she earned around 5,000 Read More... |
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UAE's nuclear plant work towers over Burj Khalifa
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| Three times more the total volume of concrete and man hours used in the construction of the Burj Khalifa have already been used at the UAE's first nuclear energy plant Barakah, making the construction site of identical reactors the biggest in the worRead More... |
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UAE keen to invest in Make in India, Digital India
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| The UAE on Thursday said it is keen to strengthen ties with India and is looking to invest in programmes like Make in India, Digital India and Smart Cities."We are determined to attract more investment into India in various sectors. I am extremely keRead More... |
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New City Centre Me'aisem eyes expansion
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| Dubai: City Centre Me’aisem, the new shopping mall in the south of Dubai, could expand depending on demand in the area, according to a senior executive at Majid Al Futtaim, the mall’s operator.
City Centre Me’aisem opened to much fRead More... |
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Egypt: ENI Makes Gas Discovery in Egypt's Deep Waters, Dubs It As 'Supergiant'
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| Cairo — Italian oil and gas company Eni has revealed what it is describing as the "largest gas discovery ever made in Egypt and in the Mediterranean Sea," on Sunday.
The discovery of Zohr "could hold a potential of 30 trillion cubic feRead More... |
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New African airline launched
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| Gabonese President Ali Bongo Ondimba has announced the launch of pan-African low-cost airline Gabon FlyAfrica.com.
The new airline is aimed at enhancing air connectivity across Africa and reducing the cost of doing business in Africa, Bongo said.
TRead More... |
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SA is gateway to Africa for Indian business: Gauteng Premier
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| The best place for Indian business to use as a gateway to the burgeoning opportunities in all sectors in the African continent is South Africa, according to Gauteng provincePremier David Makhura.
"You need to be part of the Africa&nbRead More... |
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Dubai first-half corporate earnings surge to $4.1b
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| Driven by strong banking sector growth, Dubai's corporate earnings expanded 3.7 per cent year-on-year to $4.1 billion in the first half of 2015,
The banking sector, which contributed 12.4 per cent to the Dubai Financial Market's incremental earningsRead More... |
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Africa - Japan Business Investment Forum Brings Together Some of the Key Actors in the Japanese and African Business and Government Circles.
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| London — The 2nd Africa - Japan Business Investment Forum will be held from 31st August to 2nd September in Addis Ababa, Ethiopia, bringing together some of the key actors in the Japanese and African business and government circles. Hosted by tRead More... |
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DEWA receives Dubai World Central delegation
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| DUBAI: Dubai Electricity and Water Authority (DEWA) has received at its headquarters a delegation from Dubai World Central.
The delegation sought to learn about best practices adopted by DEWA in organisational excellence. The visit is part of DEWA&rRead More... |
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New Dates for U.S.-Africa Business Summit
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| Washington, DC — Washington, DC, Aug. 24, 2015 – The premier summit on U.S.-Africa business and investment, The Corporate Council on Africa’s U.S.-Africa Business Summit, is being rescheduled to immediately follow the African URead More... |
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