Friday 27 December 2024
 
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Kenay

Al-Futtaim wins control of Kenya motor firm

Al-Futtaim Group is close to taking control of Kenyan car retailer CMC Holdings after 91 percent of shareholders accepted its 7.6 billion shilling ($87.91 million) offer, the Dubai-based company said on Monday. Gulf Arab companies

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UN chief warns of Kenya catastrophe

African leaders voiced a chorus of alarm about Kenya's rapid decline from regional peacemaker to the continent's biggest concern, and called for urgent action to stop the killing. "If Kenya burns, what is left?" the African Union's top dip

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