(IN BRIEF) Nokia has been chosen to provide the technology for the Medusa Submarine Cable System, a next-generation open-access fiber-optic network developed by AFR-IX Telecom that connects North Africa and Europe. The system, which spans the Atlantic, Mediterranean, and Red … Read the full press release
Posted in Business, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, Telecom
Tagged 1830 Global Express, 5G, AFR-IX Telecom, AI, Algeria, Cloud, connectivity, digital economy, digital infrastructure, digital transformation, EGYPT, Europe, fiber-optic network, future-ready, high capacity, ICE7 optics, INNOVATION, John Harrington, Libya, low-latency, Medusa Submarine Cable System, Miguel Angel Acero, MOROCCO, Nokia, Nokia Bell Labs, North Africa, Open Access, partnership, Subsea Cable, TELECOM, Tunisia
(IN BRIEF) Holcim has spun off Amrize via a dividend-in-kind distribution (one Amrize share per Holcim share as of June 20, 2025), creating two standalone, publicly traded companies. CEO Miljan Gutovic praised the workforce for the smooth execution and underscored … Read the full press release
Posted in Business, Construction, Industrial, Investment, Management, Switzerland
Tagged Amrize, AMRZ, Australia, building solutions, dividend in-kind, energy-efficient systems, Europe, growth-focused capital allocation, high-performance concrete, holcim, Jan Jenisch, June 20 2025, Latin America, Miljan Gutovic, New York Stock Exchange, NextGen Growth 2030, North Africa, public listing, SIX Swiss Exchange, spin-off, strategic focus, sustainable construction, value-accretive M&A
(IN BRIEF) The OECD Corporate Governance Committee, with Carlos San Basilio, CNMV Chairman, newly appointed to its Bureau, is dedicated to improving economic efficiency, sustainability, and financial stability through enhanced corporate governance policies and practices. It coordinates the Organisation’s efforts … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Spain, Technology
Tagged appointment, ASIA, Carlos San Basilio, CNMV, corporate governance, economic efficiency, finance, Financial Stability, Financial Stability Board, FSB, G20/OECD Principles, IMF, International Monetary Fund, Latin America, leadership, Middle East, North Africa, OECD Corporate Governance Committee, OECD members, Regional Roundtables, sustainable growth, World Bank
(IN BRIEF) The European Investment Bank (EIB) has pledged support for a new $350 million regional private sector investment fund managed by SPE Capital, focusing on Egypt, Tunisia, and Morocco. Aimed at fostering growth in key sectors like healthcare and … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EGYPT, EIB, Gelsomina Vigliotti, H.E. Dr. Rania A. Al-Mashat, Nabil Triki, North Africa, partnership, SMEs, SPE Capital, sustainability
(IN BRIEF) TotalEnergies, Aramco, and SABIC have achieved a significant milestone in the Middle East and North Africa by successfully converting plastic waste-derived oil into ISCC+ certified circular polymers. The plastic pyrolysis oil was processed at the SATORP refinery in … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, France, Industrial, Management, News, Technology
Tagged Aramco, Bernard Pinatel, Certified Circular Polymers, Middle East, Mohammed Y. Al Qahtani, North Africa, partnership, plastic waste, SABIC, Sami Al-Osaimi, sustainability, TotalEnergies, waste management
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