Chinese state-owned firms have built, financed or currently operate more than one-quarter of Africa's ports, according to a new study that has detailed the scope of Beijing's investment in the ...

Early this year, the IMF loudly criticised the bid by Kenya to take the planned $1.5 billion borrowing from IHC od UAE, ...

However, World Bank data indicate the southern African nation ranks second highest globally for income inequality. “We are going to increase investments in the agriculture sector to increase ...

“Emirates NBD regularly explores growth opportunities, both organic and inorganic,” the bank said in a statement to the Dubai stock exchange on March 14. The Banker has approached Banque du Caire, the ...

By Dr. David King BOISON Imagine a Ghana where our ports never sleep—where ships dock, unload, and set sail around the clock, ...

Kenya’s forex reserves have surged past Sh1.57 trillion, pushing import cover to 5.1 months, the highest in six years. Strong ...

KUWAIT: Following the approval of the Central Bank of Kuwait, Gulf Bank has announced the appointment of Bader Al-Ali as General Manager of Consumer Banking and Faisal Al-Gharabally as General Manager ...

Gulf Air, the national carrier of Bahrain, has announced plans to launch direct flights to Jomo Kenyatta International Airport in Nairobi, Kenya, further expanding its network in Africa. This service ...

In Abu Dhabi, the index finished 0.3% lower. The Qatari index declined 0.7%, with the Gulf's biggest lender Qatar National Bank losing 1.7%, while Qatar International Islamic Bank retreated 3% on ...

A new World Bank report shows that poverty in Africa may be lower than current estimates suggest and no systematic increase in inequality, given the available data Challenges remain substantial: more ...

Achieving the Sustainable Development Goals will only be possible if we close these infrastructure gaps, especially in Africa. To continue to expand the infrastructure team’s impact and value to work ...

Mobile, Ala. -(WKRG)- The Gulf Coast Caribbean Carnival Association was set up to celebrate Caribbean traditions to Mobile. The group put on its inaugural event last year and now it’s getting ...