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– Asian Terminals, Inc. (ATI), the Philippine port operator partnered with DP World, has secured a 25-year renewal of its concession to operate and develop Manila South Harbour. The renewed agreement with the Philippine Ports Authority (PPA) will run from
– Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, has received Arab League Secretary-General Nabil Fahmy in Abu Dhabi to discuss regional developments. The talks focused on the challenges facing the Arab world and ways to strengthen joint
– Morocco and the African Development Bank Group have signed a €434.4 million financing agreement to speed up the structural transformation of the Moroccan economy. The funding, worth nearly 4.8 billion dirhams, aims to foster stronger and more inclusive growth
– China, Türkiye and Ethiopia have launched an initiative to strengthen global carbon credit markets at the UN climate talks. The plan was announced on Wednesday, November 11, at the China Pavilion during the COP31 conference in Antalya. It seeks
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Approximately 16 million residents of Shanghai are being tested for COVID-19 during the second stage of the lockdown, which moved to the western half of China’s biggest city and financial capital on Friday. In the meantime, residents of Shanghai’s eastern
Business
– Morocco and the African Development Bank Group have signed a €434.4 million financing agreement to speed up the structural transformation of the Moroccan economy. The funding, worth nearly 4.8 billion dirhams, aims to foster stronger and more inclusive growth
– Asian Terminals, Inc. (ATI), the Philippine port operator partnered with DP World, has secured a 25-year renewal of its concession to operate and develop Manila South Harbour. The renewed agreement with the Philippine Ports Authority (PPA) will run from
– Southeast Asia needs $7.1 trillion in infrastructure investment through 2040 to support growth, strengthen energy security and build connected, resilient economies, the Asian Development Bank said. The estimate comes from a new report, The $7 Trillion Challenge: Building Tomorrow’s
– Dubai Aerospace Enterprise (DAE) reported a 13.2% rise in total revenue to $1.45 billion for the first nine months of 2026. Revenue reached $1.4469 billion, up from $1.2777 billion in the same period of 2025. Pre-tax profit excluding exceptional
– Ghana’s parliamentary Minority has challenged the government to show how it will raise the US$10 billion needed for its New Economy programme. The caucus wants a full financing plan published before the 2027 Budget is presented. Dr Mohammed Amin
– Samsung Electronics is set to become the first South Korean company to hold more than 200 trillion won ($146.6 billion) in cash assets, lifted by an AI-driven chip supercycle. Its cash and short-term financial assets are estimated at 214.8
– Global food prices declined in October, though they remained 5.9% higher than a year earlier, the Food and Agriculture Organization of the United Nations (FAO) said on Friday. The FAO Food Price Index, which tracks monthly changes in the
– Egypt’s net international reserves rose to a record $57.5 billion at the end of October 2026, up $151.6 million from September, according to data released by the Central Bank of Egypt (CBE). Reserves stood at $57.4998 billion at the
Sports
The Dakar 2026 Youth Olympic Games will open on Saturday, October 31, and run until November 13, marking the first Olympic sporting event ever held on African soil. The Games will bring together the world’s best young athletes, with 2,655
Health
Technology
Middle East and Africa Private Market Place (MEAPMP) today announced the commercial launch of its revamped independent supply-side platform (SSP) and curated media marketplace, connecting enterprise media buyers and agencies directly with premium regional inventory across 73 countries. Operating from
