Archive of Business
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Boeing says to set up freight conversion facility in India
Boeing Co will set up in India a facility to convert passenger aircraft into freight planes to capitalize on growing global demand for cargo, ... Aviation & Transport -
Egypt central bank seeks adviser for United Bank sale: Sources
Egypt’s central bank has sent investment banks a request for proposals to pitch for an advisory role in the sale of United Bank of Egypt, which the ... Banking & Finance -
Vanguard says Erdogan loss would make Turkey bonds loved again
One of the world’s biggest investors sees lots of potential in Turkey’s long-shunned bond market — if only President Recep Tayyip Erdogan loses an ... Financial Markets -
Egypt’s inflation spikes again, hiking prices of basic food
Inflation in Egypt again hit a new high for this year in February, the government said Thursday, with prices rising most steeply for food. The country ... Middle East -
Middle East business travel to return to pre-pandemic levels by 2024: Report
Business travel in the Middle East and Africa region is recovering at a faster pace than in any other part of the world, according to the Global ... Business -
Lift off for Serco’s Saudi Space division
International public services company, Serco, announced Wednesday that it has launched its Saudi Space division. It also revealed the appointment of ... Business -
Al Ansari plans to double dividend payout ahead of Dubai IPO
Al Ansari Financial Services plans to double its dividend for 2023 ahead of its upcoming initial public offering, according to people with knowledge ... Economy -
Egypt offers new ways foreign investors can buy citizenship to attract vital dollars
Egypt announced Wednesday it is offering citizenship to foreign investors willing to spend at least $250,000 in the country, as it struggles to fill ... Economy -
UAE food group Agthia considers Egypt as export hub
United Arab Emirates food and beverages group Agthia is considering Egypt as an export hub after making acquisitions there as part of a regional ... Economy -
Bank of Sharjah set to raise $500 mln with five-year bonds
Bank of Sharjah is set to raise $500 million for a sale of senior unsecured five-year bonds, a bank document showed on Wednesday.For the latest ... Banking & Finance