INTERVIEW: Global picture getting scarier
Viswanathan Shankar, Standard Chartered CEO, Middle East, Africa, the Americas and Europe, talks Europe and the GCC region.
July 18, 2012 10:00
Saudi spectrum change would boost economy – GSMA
Freeing up preferred spectrum for Saudi Arabia's telecoms operators to use for next-generation networks could add $95.5 billion to the economy by 2025, global telecoms lobby group GSMA said.
May 29, 2012 12:10
Saudi-owned Africa fund hit by management discord
Prominent African private equity firm Kingdom Zephyr is in talks with investors on the future of its $490 million fund after the departure of its rainmaker forced the closure of its South African office, according to sources familiar with the matter.
March 12, 2012 1:41
Promise and Peril: On telecos in Africa
Poor infrastructure, fragmented markets and stiff competition mean Africa poses risks as well as potential rewards for telecom operators hunting for growth in countries like oil-rich Nigeria and post-revolution Libya and Tunisia.
March 3, 2012 5:19
Kuwait telco Zain posts 2011 profit of $1.03B
Kuwait's Zain posted a net profit of $1.03 billon in 2011, up from $1.02 billion in the previous year, the state news agency KUNA reported on Monday.
February 14, 2012 2:36
Etisalat invites bids for African Towers
UAE telecoms operator Etisalat has invited bidders for its telephone tower operations in Africa, two sources familiar with the matter told Reuters on Wednesday.
February 2, 2012 1:37
China urges “restraint” in Sudan oil transit dispute
China, the biggest investor in oilfields in the new nation of South Sudan, called for "calm and restraint" as a transit fee dispute threatened to cut off crude exports from the African producer.
January 22, 2012 11:18Asian imports of W. African oil to rise nearly 40 percent
Asian imports at highest since March - Reuters data; Weak Brent-Dubai spread encourages shipments; Extra volumes may replace Iranian supplies - trader
December 21, 2011 8:56
South Sudan: Land of opportunity, if you don’t mind risk
Entrepreneurs eye farming, banking and telecoms; Hurdles to business include lack of roads, laws; Oil still dominates war-ravaged economy
December 10, 2011 12:24Saudi retailer Alhokair eyes acquisitions, may tap bond market
Company considering opportunities in US, CIS, Africa; Some smaller deals due to close before end-2011; Eyes various financing options to fund growth plans
November 21, 2011 1:23United Investment Bank launches football fund
Dubai-based United Investment Bank has launched a football fund, aimed at providing an alternative to traditional investment opportunities, the firm's chief executive officer said on Sunday.
October 30, 2011 3:12Djibouti to spend $330M on port expansion
Djibouti’s port, run by Dubai’s DP World, plans to spend $330 million on expanding its port, an exercise that is expected to be complete by 2014 and to increase the cargo throughput, its port authority said.
October 11, 2011 10:36
$230B in new business jets expected from 2011-2021
Sales of new business jets are soaring, if Honeywell Aerospace figures are anything to go by. No one's surprised most of it is coming from the MEA and Asia.
October 10, 2011 1:56HIV epidemics emerging in M.East, N.Africa -study
Pakistan, Egypt, Sudan, Tunisia have growing HIV problems; Stigma and taboo surround homosexuality and bisexuality; Some countries have found ways to address problem, avoid sensitivities
August 3, 2011 11:08Middle East, Central Asia and Africa to pass $250b mark in transactions by 2012
E-downloads perfect for prepaid; Region has many unbanked women and youth; Government payroll identified as a key growth area; TNS exclusive research predicts 50% of UAE consumers are ready for prepaid
March 30, 2011 4:18
Dusting off the Emirates ID card
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
Turkish Airlines Can Ride Out Turbulence
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Air Berlin doesn't need Etihad's help
Last year, the German carrier posted its first annual profit since 2007.
May 16, 2013 10:54
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Fake pilot 'on the run'
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26