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Rwanda and UAE Company Ink Deal for Printing and Manufacturing
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Rwanda and E7 Group, which is part of ADQ—a sovereign wealth fund located in Abu Dhabi, United Arab Emirates, with expertise in secure printing—have entered into an agreement. This pact aims to facilitate the creation of a production plant within Rwanda’s borders. The framework agreement was signed on May 8 by the Rwanda Development…
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Real Estate Firm Sees Revenue Soar to ₦554M: International Edition
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SFS Real Estate Investment Trust has announced an expansion for the fiscal year 2024, showing a significant rise of 50.26 percent in net income, amounting to N477.09 million. On Tuesday, the company released a statement attributing this performance to consistent rental revenue, well-executed asset sales, and earnings from interests. The REIT’s gross income rose…
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Absa Bank Soars Above the Rest: Stellar Q1 2025 Results Highlight Success
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Absa Bank Ghana has kicked off 2025 with an impressive first-quarter performance, reinforcing its position as a leader in Ghana’s banking industry. The bank’s strong financial performance, along with its strategic moves, has cemented its role as a leader in the sector. The bank announced a Profit-Before-Tax (PBT) of GH¢686 million for Q1 2025,…
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Commerzbank Outpaces UniCredit, Sees Profits Soar in International Edition (English)
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On Friday, German bank Commerzbank announced its highest quarterly profit since 2011, just before an important shareholders’ meeting where they aim to garner backing to counteract moves from Italy’s UniCredit. Since last year, UniCredit has significantly increased its holdings in its German rival, which has sparked speculation about a potential complete acquisition. However, this…
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Tokyo Stocks Surge as U.S.-U.K. Trade Deal Bolsters Asian Markets
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Tokyo stock prices surged significantly during early trading on Friday as investors responded positively to a new trade pact between the United States and Britain—the first such agreement announced following President Donald Trump’s imposition of substantial tariffs on numerous nations. The Nikkei Stock Average with 225 issues rose by 549.95 points, equivalent to a…
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Ponzi Schemes: Illusions of Quick Riches – International Edition (English)
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An age-old adage goes: “When falsehood puts on fresh attire, the credulous mistake it for reality.” In Nigeria, this deceptive narrative of quick and effortless riches has been adorned in countless guises—ranging from schemes like MMM to Racksterli, Loom to Ultimate Cycler, and most recently, CBEX. These ventures come dressed up with contemporary style,…
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Money Expo returns to Muang Thong Thani
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The Money Expo is back with a wide array of products and services for those pursuing financial prosperity at the Impact Challenger Hall 2-3, located in Muang Thong Thani, every day from 10 AM to 8 PM from May 15th through May 18th. Celebrated as the biggest and most inclusive financial and investment fair…
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300+ Business Leaders Gather for the 3rd Annual Made in Ghana Summit
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By Jibril Abdul Mumuni Accra, May 7, GNA – The third iteration of the Made in Ghana Business Summit will welcome more than 300 prominent individuals from the public and private sectors. The conference scheduled for Wednesday, May 21, 2025, at the Accra International Conference Centre will focus on the theme “Boosting Local Industries…
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How to Boost Your Portfolio’s Diversity with Mutual Funds
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PNN New Delhi [India], May 7: Diversification is necessary to mitigate risk while seeking returns. Mutual fund investments function as an effective tool for diversification, even with moderate investment amounts. Investors can use mutual funds to optimise risk and achieve their financial goals . Importance of diversification Diversification enables investors to allocate their capital…
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Casablanca Stock Exchange Opens in Positive Territory
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On Wednesday, the Casablanca Stock Exchange started off on an upward trend, with its primary indicator, the MASI, rising by 0.32% to reach 17,623.36 points. On Tuesday, the MASI finished up 0.74%. The post Casablanca Stock Exchange Begins Session on an Uplifting Note appeared first on English – Morocco News .