Energy Features Headlines

UAE’s $1.4bn investment in Zimbabwe enhances ties as West and China retreat

The United Arab Emirates (UAE) has solidified its position as Zimbabwe’s most important partner, surpassing China with a strategic $1.4 billion investment in real estate, gold trading, and other sectors. This partnership, which began gaining momentum in 2022, marks a shift in global economic alliances as Zimbabwe continues to struggle with Western sanctions and a […]

Africa Business Emerging Markets Features Headlines International

Namibia launches residence by investment program to lure foreign investors

Namibia and Henley & Partners, the global leader in residence and citizenship planning have unveiled a Residence by Investment Program in view of attracting foreign investment to boost the economic growth of the Southern African country. The program, Namibia Daily News report, offers a renewable five-year work permit to successful investors who invest a minimum […]

Business Finance

Saudi Arabia’s PIF, London-based Cain invest $900m in Aman hotel group

Saudi Arabia’s Public Investment Fund (PIF) and London-based real estate investment firm Cain International have injected $900 million in luxury hotel group Aman, Zawya reports citing the two partners. “Our investment in Aman Group reflects PIF’s belief in the current potential of the hospitality and tourism industry, both internationally and in Saudi Arabia,” PIF Deputy […]