Saturday 3 December 2016
 
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Africa

Willemen to build Africa's first automated container terminal

Willemen Groep, a Belgian conglomerate said it has won a major contract to build the Africa region's first automated container terminal over a 530,000-sq-m area at Tangier MedPort in Morocco. The Dutch company APM Terminals aw

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Willemen to build Africa's first automated container terminal

Willemen Groep, a Belgian conglomerate said it has won a major contract to build the Africa region's first automated container terminal over a 530,000-sq-m area at Tangier MedPort in Morocco. The Dutch company APM Terminals aw

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New pan Africa passport to boost air travel spend by 24pc

African air travel spend is expected to rise 24 per cent with the introduction of the pan-African passport in 2018, a new report has unveiled. According to a new research released by global travel technology provider, Sabre Corpor

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ME hotel revenues down in October, Africa results mixed

Hotels in the Middle East reported negative October 2016 results, while hotels in Africa posted mixed results in the three key performance metrics for the same month. Compared with October 2015, the Middle East reported a 4.4 per

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Iata appoints new regional VP for Middle East, Africa

The International Air Transport Association (Iata) announced that Muhammad Ali Albakri will join Iata as regional vice president for Africa and the Middle East (AME). Albrakri’s appointment is effective January 1, 2017 and w

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GCC banks eyeing Africa for new opportunities

The larger local banks in the GCC are approaching saturation in their home market and are starting to venture out to attractive markets such as Africa, says a new report from EY, a leading professional services firm. Dubai, UAE in

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Linesight eyes 15pc growth in Mena region

Construction consultancy Linesight (formerly known as Bruce Shaw) is targeting 15 per cent growth in the Middle East and North Africa over the next five years, with the launch of a set of new services aimed at helping the industry consolidate co

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World Bank, Ithmar to set up green infrastructure fund

The World Bank Group and Ithmar Capital, a Moroccan Sovereign Investment Fund, have entered into a deal to set up a Green Growth Infrastructure Facility for Africa (GGIF Africa), the first pan-African fund dedicated to green investment in the co

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World Bank, Ithmar to set up green infrastructure fund

The World Bank Group and Ithmar Capital, a Moroccan Sovereign Investment Fund, have entered into a deal to set up a Green Growth Infrastructure Facility for Africa (GGIF Africa), the first pan-African fund dedicated to green investment in the co

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Morocco wins UAE approval to host first AIM

The UAE government has reached an agreement with Morocco for hosting the annual investment meeting (AIM) Africa Chapter at Marrakesh city from October 29 to 31 next year. With this move, Marrakech will become the first city to hos

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