Sunday 26 May 2019
 
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Africa

ME air freight volumes up 1.7pc in November

Middle Eastern airlines’ freight volumes expanded 1.7 per cent in November 2018 compared to the same period a year earlier, said the International Air Transport Association (Iata) in its report for global air freight markets.

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KPMG's global revenue surges to record $29bn

KPMG International has announced record aggregated network revenues of $29 billion for the fiscal year ending September 30, 2018 (FY18), representing a 7.1 per cent increase in local currency terms on FY17. KPMG firms grew across

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ME hotel revenues down in November, Africa results mixed

Hotels in the Middle East reported mixed performance results, in November, while hotels in Africa posted growth across the three key performance metrics, according to data from STR - a leading market research firm. Occupancy level

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Saudi plans Red Sea pact as GCC interest in Africa grows

Saudi Arabia aims to bring several states lining the Red Sea and Gulf of Aden into a bloc to improve trade and maritime navigation, reported Bloomberg, citing state news agency.   Saudi King Salman bin A

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Raimondi ropes in ZLT Cranes as African agent

Raimondi Cranes, a 150-year-old Italian manufacturer of cranes, has appointed South African group ZLT Tower Cranes Private Limited (ZLT Cranes) as its new agent for Africa region covering eight countries from its base in Midrand, part of the Joh

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Oman's Raysut mulls Kenyan cement group takeover

Oman’s Raysut Cement Company aims to acquire ARM Cement, a leading producer and major supplier of cement in Kenya, as part of the company’s aggressive strategy to expand into East and Central Africa. The move from Oman

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Oman's Raysut mulls Kenyan cement group takeover

Oman’s Raysut Cement Company aims to acquire ARM Cement, a leading producer and major supplier of cement in Kenya, as part of the company’s aggressive strategy to expand into East and Central Africa. The move from Oman

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Iata urges Africa to maximise aviation benefits

The International Air Transport Association (Iata) has urged governments in Africa to maximise the positive social and economic power of aviation by working together to promote safe, sustainable and efficient air connectivity. &nb

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Alstom powers Africa's first high-speed rail network

Alstom, a leader in power generation and rail infrastructure, said it has supplied 12 trains for a high-speed rail line in Morocco, the first such network in Africa, linking the cities of Tangier and Casablanca. The $2.3-billion T

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Alstom powers Africa's first high-speed rail network

Alstom, a leader in power generation and rail infrastructure, said it has supplied 12 trains for a high-speed rail line in Morocco, the first such network in Africa, linking the cities of Tangier and Casablanca. The $2.3-billion T

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