Via Al Jazeera, an article on Turkey’s decision to resume gas exploration in the eastern Mediterranean: Nearly two years after Turkey halted offshore gas explorations in contested waters in the eastern Mediterranean, a Turkish drillship has departed from the port of Mersin to search for gas in the region. The Abdullhamid Han drillship set sail on […]
Read more »Via Asharq Al Awsat, an article on Saudi PIF acquiring stakes in 4 Egyptian companies worth $1.3b: The Saudi Egyptian Investment Company (SEIC), owned by Saudi Arabia’s state-owned Public Investment Fund (PIF), has bought minority stakes in four Egyptian companies for $1.3 billion, Egypt’s planning ministry said on Wednesday. The companies are Abu Qir Fertizilers and Chemical […]
Read more »Via The Diplomat, a report on the China-Myanmar Economic Corridor ‘Plus’ Initiative: Just over a month after China’s Foreign Minister Wang Yi visited Myanmar and announced that a China-Myanmar Economic Corridor (CMEC) Plus initiative would be explored at a proper time, there have unsurprisingly been no further details released by Chinese officials or Myanmar’s military-led State Administration Council (SAC) […]
Read more »Courtesy of the Financial Times, an annual ranking of Africa’s fastest growing companies: The inaugural FT annual ranking of Africa’s Fastest Growing Companies (below) provides a snapshot of corporate landscape in a continent where technology, fintech and support-service businesses have had to adapt to a radically altered environment. Chief among the recent challenges has been operating […]
Read more »Via The Africa Report, an article on how China will overtake the EU as Africa’s biggest trade partner by 2030: China is aiming to overtake the EU as Africa’s biggest trade partner by 2030, a new report by the Economic Intelligence Unit (EIU) says. The report published on 3 August, says that China plans to continue […]
Read more »Via Times of Central Asia, a report on a new infrastructure project in Turkmenistan: On August 8, Turkmenistan President Serdar Berdymukhammedov took part in the groundbreaking ceremony for the construction of an important transport infrastructure facility — a new two-lane automobile bridge across the Garabogaz Kol Bay along the highway connecting the Caspian port city […]
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