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India’s Iconic Markaz Knowledge City Promises High Returns for Expat Investors 
April 22, 2019

Markaz Knowledge City (MKC), India's first knowledge city developed at an estimated investment of US$ 435 million (INR 30 billion) and spanning over 125 acres of land in the South Indian state of Kerala, will go functional at full-scale this year promising massive investment returns for Indian expatriates.

The education-focused integrated infra-development and the futuristic township combining cultural, educational, residential and commercial properties located at Kaithapoyil in Kozhikode, Kerala, offers attractive returns for investors. Once fully operational, the development with multiple projects spanning over a total of 3 million square feet will act as a knowledge hub providing more than 25,000 jobs in variety of sectors.

Commenting on the project, Dr Muhammed Abdul Hakkim Azhari, Managing Director of Markaz Knowledge City, said, “The first-of-its-kind Knowledge City project will facilitate a paradigm shift in the interest of tourists and investors from around the world. Knowledge City will witness the emergence of a large community of scientists, research professionals and entrepreneurs with higher ethical values.”

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April 20, 2019

Algeria – Two caravans carrying 700 tons of Algerian products were sent, on Tuesday, to Nouakchott and Dakar, as part of the strategy to promote non-hydrocarbon exports and Algeria positioning in Africa, said a statement from the ministry of Trade.

The"...

April 15, 2019

ADES International Holding PLC (“ADES” or the “Group”), a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), is pleased to announce that it has secured two new contracts for its onshore rigs ADES 2 and ADES 3 in Algeria with Groupement"...


April 22, 2019
  • Worldwide revenue of $7.9 billion decreased 4% sequentially, but increased 1% year-on-year
  • International revenue of $5.0 billion decreased 5% sequentially, but increased 3% year-on-year
  • North America revenue of $2.7 billion decreased 3% sequentially and 3% year-on-year
  • Pretax operating income of $908 million decreased 6% sequentially and 7% year-on-year
  • EPS was $0.30
  • Cash flow from operations was $326 million
  • Quarterly cash dividend of $0.50 per share was approved

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April 22, 2019

The Coca-Cola Company (TCCC) has signed a 10-year agreement for the exclusive naming rights of the brand new indoor multipurpose arena in Dubai. Now known as the Coca-Cola Arena, the breath-taking venue is the largest of its kind between Istanbul to Singapore and will further establish Dubai as a major destination for world music tours, sporting competitions, family shows and corporate events.

The venue,"...

April 22, 2019

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised on the acquisition of a portfolio of three newly refurbished office buildings in Amsterdam, The Netherlands (“Quarter Offices buildings”).

The Quarter Offices buildings are located in the Sloterdijk business district"...

April 21, 2019

Johannesburg, South Africa’s largest city, is making moves to count itself among the world’s most-intelligent cities. The drive comes even as global technology company, Siemens has launched a new web-based application that reveals the readiness and potential of six major cities to embrace digitalization and develop new ways of living, working and interacting.

The aptly named ‘Atlas"...

April 21, 2019

Cameroon is in the process of developing its national African Continental Free Trade Area (AfCFTA) Strategy through an awareness and information sharing workshop jointly organized by the Cameroonian Government and the UN Economic Commission for Africa.

More than one hundred stakeholders from the private sector, academia and civil society are associated with this first-of-its-kind workshop in Yaounde"...

April 21, 2019

The International Monetary Fund (IMF), in the framework of the technical assistance provided to the Republic of Angola, has recommended improving the process of execution of the State Budget (OGE), controlling the stages of public spending and purchasing procedures, despite of the efforts made by the Government, informed the consultant of the institution, Claudiano Alburquerque.

The consultant said,"...