Johannesburg, South Africa -- Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for alternatives as cheaper, lab-grown stones threaten their economies. Diamond-dependent Botswana is leading the way and launched a sovereign wealth fund this week to lay the "foundation for a more resilient,...
Huawei H1 revenue at US$43.3bn
The firm works to diversify its business operations.
EIH buys stake in Gewan Holding
Acquisition aims to diversify and expand into several sectors.
Saudi-Finnish business forum discusses enhancing trade ties
HELSINKI, FINLAND - Heading a high-level delegation to Finland, Saudi Arabia's Minister of Commerce and Chairman of the Board of Directors of the General Authority for Foreign Trade Dr. Majid bin Abdullah Al-Qasabi stressed on the need to strengthen and diversify the bilateral trade between the two countries. Al-Qasabi said...
Iraq’s budget for 2022 to focus on investment projects
Iraq’s general budget for 2022 will focus on implementing a set of investment projects in line with diversifying economy and achieving sustainability.
Abu Dhabi to build museums in a $6 billion spending spree on culture
Abu Dhabi to construct museums and patronize sectors like media, gaming in $6 billion spending plan The plan is part of the vision to diversify economy away from oil Abu Dhabi will spend $6 billion over the next five years to construct museums, as well as sectors such as...
Saudi Chemical, GlaxoSmithKline enter into $27m manufacturing deal
New partnership would help create more jobs for Saudis in the Kingdom’s pharmaceuticals sector The partnership is in keeping with Saudi vision to diversify its economy away from oil Saudi Chemical Company Holding (SCCH) and GlaxoSmithKline have entered into a partnership to make pharmaceutical products in Saudi Arabia. SCCH unit...
