Featured Archives

Insurance sector holds key to AfCFTA’s free trade dream, says senior Afreximbank official

International Finance Business DeskJune 9, 2026June 8, 2026

by International Finance Business DeskJune 9, 2026June 8, 2026

While the AfCFTA represents the largest free trade area in the world by number of participating countries, insurance penetration across Africa remains between 2% and 3%...

Featured Real Estate

Sharjah property transactions reach USD 844 million in May, says administration

International Finance Business DeskJune 8, 2026June 7, 2026

by International Finance Business DeskJune 8, 2026June 7, 2026

Initial sales contracts accounted for 513 transactions (7.2%), while valuation transactions totalled 210, accounting for 2.95 of the overall transactions...

Featured Oil & Gas

Ahead of IPO, Dangote refinery hits another production milestone

International Finance Business DeskJune 8, 2026June 7, 2026

by International Finance Business DeskJune 8, 2026June 7, 2026

The refinery, owned by Nigerian billionaire Aliko Dangote, ramped up crude processing to 700,000 bpd during a performance test by process licensors...

Aviation Featured

Castlelake eyes possible takeover of budget carrier easyJet, may rope in MSC

International Finance Business DeskJune 8, 2026June 7, 2026

by International Finance Business DeskJune 8, 2026June 7, 2026

While easyJet has called the Castlelake's offer "highly opportunistic", analysts say the company's low valuation, key airport slots and stable fleet make it a prime takeover target...

Featured Utilities

After acquiring BESS projects in Andalusia, Engie expands its Spanish portfolio further

International Finance Business DeskJune 8, 2026June 7, 2026

by International Finance Business DeskJune 8, 2026June 7, 2026

Engie Espana plans to invest nearly EUR 100 million (USD 116.3 million) to add a 155-MW solar farm to its Castelnou combined-cycle gas-fired power station...

Featured Islamic Banking

Amid headwinds, Islamic banking advocates broader capital distribution

International Finance Business DeskJune 8, 2026June 7, 2026

by International Finance Business DeskJune 8, 2026June 7, 2026

Islamic banks' historical tendency of maintaining a largely domestic and narrow focus often leaves them more exposed during regional crises...

Featured Transport

Uber makes big-ticket investment commitment in self-driving startup Nuro

International Finance Business DeskJune 5, 2026June 5, 2026

by International Finance Business DeskJune 5, 2026June 5, 2026

Uber, through its three-way partnership with Nuro ⁠and electric vehicle company Lucid, is eyeing rolling out some 35,000 robotaxis...

Featured Macroeconomy

Morocco unseats South Africa as continent’s most industrialised economy

International Finance Business DeskJune 5, 2026June 5, 2026

by International Finance Business DeskJune 5, 2026June 5, 2026

Morocco scored higher than South Africa in most of the ADB's metrics, including the all-important manufacturing sector’s contribution to overall GDP...