By Edson Baraukwa | Africa Guardian United Bank for Africa (UBA) Plc, a leading Pan-African financial institution, is set to establish its second Gulf Region subsidiary in Saudi Arabia, following its successful expansion into the United Arab Emirates in 2022. The new subsidiary, expected to launch within the next year, underscores UBA’s commitment to connecting Africa with the Middle…
Our Correspondent | Africa Guardian Over 100 businesses and investors are expected to attend the Tanzania-Saudi Arabia Business and Investment Forum, set to take place in Riyadh from December 17 to 21. The event, organized by the Tanzania Investment Centre (TIC), aims to strengthen economic ties between the two countries. Gilead Teri, the TIC Executive Director, highlighted that the…
When the BRICS summit gets under way in South Africa next month, much of the international attention will be on whether Russian President Vladimir Putin, with an International Criminal Court warrant out for his arrest, will attend. But for many African countries, the summit is an opportunity for something much bigger. Various African countries, including Egypt, Ethiopia, Zimbabwe, Algeria,…
With the help of RwandAir and Africa Global Logistics (formerly Bolloré Africa Logistics), Qatar Airways plans to strengthen its cargo business on the continent. With the help of RwandAir and Africa Global Logistics (formerly Bolloré Africa Logistics), Qatar Airways plans to strengthen its cargo business on the continent. Cargo flights between Doha and Kigali are not very frequent. There…
‘The reasons provided for denying our request are inexplicable,’ the South African justice ministry said. A court in the United Arab Emirates denied South Africa’s plea to extradite Atul and Rajesh Gupta, the brothers wanted in the African nation on charges of money laundering and fraud. The arrest warrant against the Guptas has also been cancelled, Ronald Lamola, South…
A diplomatic deal in the Middle East was notable as much for a breakthrough between Saudi Arabia and Iran as it was for the absence of American input. Story by Brendan Cole The March 10 agreement between the regional rivals to imminently reopen embassies after a seven-year hiatus was brokered in secret by China. It raised questions over whether…
Summary Hyatt Hotels Corporation shared that 45 percent of the properties that joined Hyatt’s system in 2022 were based in EAME markets and the region’s contribution to the Hyatt growth journey continues into 2023 through a strong pipeline with ten percent of Hyatt’s 117,000 rooms record pipeline, as of fourth quarter earnings, expected to join the portfolio in EAME…
Cape Town mom of two, Natasha Petersen, is waving the South African flag in Qatar at the Fifa World Cup Qatar 2022. For the past six months, she has worked her magic as “Venue Logistics Manager / Site Logistics Coordinator” at Lusail Stadium. Though petite in stature, Petersen, from Grassy Park, has built a huge brand for herself over…
Little rainfall, aggressive heatwaves and worsening drought make the Middle East the most water-stressed region in the world, with climate change threatening to displace millions of people. Hussein Abu Saddam, head of the farmers’ syndicate in Egypt which is hosting the COP27 global climate summit in November, told AFP he is already witness to a climate-induced exodus from the…
Panasonic Marketing Middle East & Africa (PMMAF) restated its commitment to MEA market expansion and consumer well-being at its regional convention held in Dubai, that unveiled the brand’s new global motto -‘Live Your Best’ The new slogan embodies Panasonic’s commitment to providing solutions that make life simpler, safer, healthier, and more enjoyable for the customers, helping them to live…
Mobile money services are connecting millions of unbanked and underbanked populations in the region to digital financial services The railways were to Europe what the smartphone is now to the Middle East and Africa (MEA). In the nineteenth and twentieth centuries, Europe experienced an economic and social revolution enabled by the ability of manufactured goods and people to travel…