Business
– The African Development Bank Group will provide Morocco with €434.4 million to back economic governance reforms and strengthen resilience to climate change. The financing agreement was signed in Rabat on November 13 and is worth nearly 4.8 billion dirhams.
– Asian Terminals, Inc. (ATI), DP World’s strategic partner in the Philippines, has won a 25-year extension to operate and develop Manila South Harbour until 2063. The company signed the renewed concession with the Philippine Ports Authority. The new term
– Southeast Asian governments face a $264 billion annual shortfall in infrastructure funding, according to a new Asian Development Bank report. The region needs a total of $7.1 trillion in infrastructure investment through 2040, or about $476 billion a year.
– Samsung Electronics’ cash assets are estimated to have hit a record 214.8 trillion won ($157.5 billion) at the end of the third quarter, industry data showed on Sunday. That makes the chip giant the first Korean company to cross
– Gulf Cooperation Council states signed the General Agreement for the GCC Railway Project in Bahrain on Sunday, as the regional network reached 55.9% completion. The agreement was signed on the sidelines of the 31st meeting of the GCC Ministerial
– World food commodity prices eased in October as cheaper cereals, dairy and meat outweighed a fourth straight monthly rise in sugar, the Food and Agriculture Organization of the United Nations said on Friday. Its Food Price Index averaged 133.9