New $400M loan for power ship company supplying African nations
The Turkish company supplies electricity to nearly a dozen African countries through power plants on floating barges.
The Turkish company supplies electricity to nearly a dozen African countries through power plants on floating barges.
The move is part of broader taxation changes to make the economy “more business friendly” and create jobs, its finance minister said.
The announcement came after comments by the prime minister ruling out a debt restructuring, which sent bonds plummeting last week.
South Africa secured its first credit rating upgrade since 2005, moving up one level to BB.
The Dubai carrier also said it will begin providing Starlink service this month and equip its entire 232-plane fleet over the next two years.
The Doha facility will manage preservation, security, and logistics as interest in art in the region rises.
UAE defense conglomerate EDGE Group is investing $200 million in a new drone manufacturing facility in Abu Dhabi.
PIF loaded up on US equities during the pandemic, but has since reduced its holdingst.
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