Saturday 31 January 2015
 
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Africa

RBS to exit corporate debt, DCM business in MEA

Royal Bank of Scotland (RBS) plans to sell or close its corporate debt and debt capital markets business in the Middle East and Africa, the latest pullback by the state-controlled lender from emerging markets to focus on its domestic business.

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CDE Global boosts Middle East-Africa team

Materials washing specialists CDE Global has expanded its team of personnel responsible for the Middle East and Africa (MEA) region, which the company said will allow for greater regional focus within the area. The new appointment

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NAS wins ground handling contract for Abidjan Airport

National Aviation Services (NAS), a Kuwait-based ground handling company, has reached a new milestone in its expansion with its first contract award in West Africa. With the new contract, NAS has now expanded its operational network to

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Agility to develop 40-acre distribution park in Ghana

Kuwait-based Agility, a leading global logistics and logistical infrastructure provider, today broke ground on the construction of a distribution park on a 40-acre site in the Tema Port Free Trade Zone Enclave in Accra, Ghana. The

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Access, Eren launch power development firm for Africa

Access Power MEA, a power project developer focused on the Middle East and Africa, and Eren, a leader in renewable energy, has launched Access Infra Africa, a vehicle that will be dedicated to invest in the early stage development power projects

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Abu Dhabi launches outbound tourism campaign

Abu Dhabi has launched its first outbound tourism promotional drive in Africa, targeting leading travel operators to encourage more visitors to the emirate. For the first time in Africa, a delegation from UAE’s Etihad Airways, sup

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MEA November hotel occupancy soars 67.4pc

The Middle East and African region reported mixed performance in hotel occupancy rates for November, with the region showing a 4.8 per cent increase to 67.4 per cent, a report said. In year-over-year comparisons, the region reported a 2

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Bahraini firms eyeing major push in Africa

Africa's attractiveness as an investment destination continues to grow in recognition, a leading investment expert has said. According to Ashburton Investments African Equities specialist Paul Clark, the continent can boast so

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Hilton’s check-in technology comes to MidEast and Africa

Hilton Worldwide has announced that its pioneering digital check-in and room selection technology is now live across more than 4,100 hotels spanning 11 brands worldwide, including 53 hotels in Middle East and Africa region. Through thei

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Africa eyeing major Islamic finance push

Africa is not only ready for Islamic finance but also is aiming to take its stand in the global Islamic finance arena, a senior official of Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI) has said.

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