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ENBD signs up for Africa business forumUAE-based Emirates NBD, a leading bank in the region, has signed up as a key sponsor for the 'Africa Global Business Forum (AGBF) 2013,' being organised by Dubai Chamber of Commerce and Industry (DCCI) and Comesa Region More… |
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Al Baraka Bank plans major Africa pushBahrain-based Islamic lender Al Baraka Bank plans to expand its global footprint with a focus on Africa under a five-year plan that includes investments in Libya and Morocco, its chief executive told Reuters. The lender, which has More… |
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African experts for key Bahrain summitAfrican experts, policymakers and business and political leaders will come together in Bahrain next week to examine new economic and geopolitical opportunities for African nations. "The Geo-economics of Resources and Conflict More… |
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Kenyatta wins Kenya's presidential voteUhuru Kenyatta, indicted for crimes against humanity, was declared winner of Kenya's presidential election on Saturday, but rival Raila Odinga said he would challenge the outcome in court and asked supporters to avoid viole More… |
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Marriott MEA occupancy rates up 5.3pcMarriott International has announced an 8.3 per cent increase in revenue per available room (RevPAR) figures across the Middle East and Africa (MEA) region for last year compared to the previous year. Marriott's portfolio in the MEA More… |
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Turkish Airlines boosts Africa networkTurkish Airlines, one of Europe’s best airline, said it has added Libreville in Gabon, Africa as its 219th destination, connecting now to 98 countries, the largest country-network for any airline in the world. Libreville is More… |
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ME airlines grow 14.7pc on Asia-Africa tradeMiddle East and Africa based airlines grew 14.7 per cent and 7.1 per cent respectively in 2012, supported by the development of trade between Asia and Africa, said the director general and CEO of the International Air Transport Association. More… |
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Taqa gets $330m funding for Africa plant expansionAbu Dhabi National Energy Company (Taqa) and its partner, Volta River Authority (VRA), the main generator and supplier of electricity in Ghana, have completed the $330 million financing for the expansion of its power plant in the West African na More… |
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Wealthy Gulf investors warm to AfricaWealthy Gulf Arab companies are boosting their investment in Africa's vast lands and untapped resources, marking a shift for investors who have traditionally directed their money towards assets in the US and Europe. More… |
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Record rhinos, elephants poached in 2012Africa's biggest animals were poached in near record numbers in 2012, with surging demand for horn and ivory from Asia driving the slaughter of rhinos and elephants. By mid-December, poachers had killed 633 rhinos in South Afr More… |
