The Emirates Group today announced its 32nd consecutive year of profit, against a drop in revenue mainly attributed to reduced operations during the planned DXB runway closure in the first quarter, …
International News
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The United Nations (UN) Department of Economic and Social Affairs (DESA) has said the gross domestic product (GDP) in developed countries will plunge to -5.0 percent by mid-2020. The World …
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Banking & FinanceInternational News
Ghana, 3 other African countries blacklisted by EU over money-laundering
The European Union has added 12 countries to its money-laundering blacklist, putting their financial transactions under greater scrutiny. They include Botswana, Ghana, Mauritius and Zimbabwe. Others are Bahamas, Barbados, Jamaica, …
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Banking & FinanceInsuranceInternational NewsInvestmentsTop Story
AfDB unveils US$10bn COVID-19 Response Facility
The African Development Bank Group has announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic. The Facility is the latest measure taken …
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Grandparents hugged their grandchildren, toddlers rushed excitedly through parks and factories revived their long-stalled production lines as Italy started the slow process of unwinding Europe’s longest coronavirus lockdown. Nearly two …
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Britain is on track to become one of Europe’s worst-hit countries in the coronavirus pandemic, according to data on Tuesday that showed deaths from COVID-19 had already topped 20,000 by …
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Feature / AnalysisInternational NewsInvestments
How new proposed US restrictions on chip-making equipment will affect Africa
Some senior officials in the Trump administration have agreed to new measures to restrict the global supply of chips to Huawei Technologies, at a time when the COVID-19 pandemic impacts …
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Tullow Oil plc (Tullow) has appointed Rahul Dhir as Chief Executive Officer and an Executive Director of the Group. Rahul will take up his appointment from 1 July 2020 and …
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The unprecedented crash in global crude oil prices is putting the brakes on plans and efforts to develop the country’s next two oilfields. The situation is made worse by the …
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The number of people facing acute food insecurity could nearly double this year to 265 million due to the economic fallout of COVID-19, the United Nations’ World Food Programme (WFP) …
