Hyatt to double number of hotels in Saudi Arabia by 2023International Finance DeskApril 30, 2019November 13, 2019 by International Finance DeskApril 30, 2019November 13, 2019 Hyatt’s commitment to developing new properties in the Kingdom is in line with the Saudi Arabia Vision 2030's focus on tourism... Read more
UK fines KPMG £6 mn over audit of insurer 10 years agoInternational Finance DeskApril 30, 2019November 13, 2019 by International Finance DeskApril 30, 2019November 13, 2019 The Council has also issued sanctions against KPMG former partners Mark Taylor and Anthony Hulse... Read more
Biggest corporate reform in 30 years to boost business in NigeriaInternational Finance DeskApril 30, 2019November 13, 2019 by International Finance DeskApril 30, 2019November 13, 2019 President Buhari will sign the new companies’ law to enhance the ease of doing business... Read more
Low HealthTech demand in Europe hits Philips Q1 2019 salesInternational Finance DeskApril 29, 2019November 13, 2019 by International Finance DeskApril 29, 2019November 13, 2019 Despite uptick in China, comparable sales grew a measly 2%... Read more
World Bank signs $4.8 mn deal with Kenya to boost private sector reformsInternational Finance DeskApril 29, 2019November 13, 2019 by International Finance DeskApril 29, 2019November 13, 2019 The Kenya Investment Climate Project is expected to improve Kenya’s ranking in the World Bank’s Doing Business report... Read more
GIB strengthens its position in Interpublic of the US by 1.1%International Finance DeskApril 25, 2019November 13, 2019 by International Finance DeskApril 25, 2019November 13, 2019 The Bank’s holdings in the company is worth $1,854,000, according to the Form 13F filing with the SEC... Read more
Kenyan startup funding rises 136% in 2018, outpacing Nigeria, SAInternational Finance DeskApril 24, 2019November 13, 2019 by International Finance DeskApril 24, 2019November 13, 2019 Nigeria attracted $306 mn over 26 deals while South Africa slowed with $250 mn in startup funding over 37 deals... Read more
King Abdullah Port to make Saudi Arabia a global logistics hubInternational Finance DeskApril 23, 2019November 13, 2019 by International Finance DeskApril 23, 2019November 13, 2019 The port connects Asia, Europe, and Africa — drastically reducing East-West transshipment time... Read more
Emaar to propose Dh1.04 bn dividend to shareholders at AGMInternational Finance DeskApril 23, 2019November 13, 2019 by International Finance DeskApril 23, 2019November 13, 2019 Last year, Emaar recorded a growth in net profit of 42% to Dh3.901 billion, compared to 2017... Read more
Boeing now faces shoddy manufacturing allegations with DreamlinerInternational Finance DeskApril 22, 2019 by International Finance DeskApril 22, 2019 Workers allege that safety norms are flouted at South Carolina facility... Read more