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As wireless service providers look to tap the last remaining large market in the world.
By Samuel Gebre and Bella Genga, Bloomberg
26 Apr 2021 14:48
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MTN Group and a consortium led by Vodafone Group have bid for telecommunications licenses in Ethiopia, as wireless service providers look to tap the last remaining large market in the world.
Ethiopia will take a few days to review the technical offer and then open the financial bids, said Brook Taye, an adviser in the Finance Ministry.
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(Reuters) - Gulf markets ended mostly higher on Tuesday, with Saudi Arabia’s benchmark index leading gains, while Egypt’s blue-chip index slid more than 1 percent.
FILE PHOTO: Investors walk under a stock index board at the Dubai Financial Market in Dubai, United Arab Emirates, January 8, 2020. REUTERS/Christopher Pike
The Saudi index closed 0.8% higher, its biggest daily percentage gain in over a week, buoyed by higher oil prices.
The rise in crude prices was underpinned by the likely easing of COVID-19 lockdowns around the world, positive economic forecasts and lower output as U.S. supplies were slow to return after a deep freeze in Texas shut down production. [O/R]
2 Min Read
(Reuters) - Gulf markets ended mostly higher on Tuesday, with Saudi Arabia’s benchmark index leading gains, while Egypt’s blue-chip index slid more than 1 percent.
FILE PHOTO: Investors walk under a stock index board at the Dubai Financial Market in Dubai, United Arab Emirates, January 8, 2020. REUTERS/Christopher Pike
The Saudi index closed 0.8% higher, its biggest daily percentage gain in over a week, buoyed by higher oil prices.
The rise in crude prices was underpinned by the likely easing of COVID-19 lockdowns around the world, positive economic forecasts and lower output as U.S. supplies were slow to return after a deep freeze in Texas shut down production. [O/R]
ECI partners with local council to support Emirati investments reporters@khaleejtimes.com Filed on February 7, 2021
Alliance to help open new markets for UAE investors and facilitate their ability in getting promising opportunities and acquiring new projects
The partnership will enrich awareness of political risk solutions and assess how ECI can provide UAEIIC’s businesses with risk mitigating tools and ease access to financing
Etihad Credit Insurance (ECI) has partnered with the UAE International Investors Council (UAEIIC) to support Emirati investments abroad and protect UAE export businesses globally.
Both ECI and UAEIIC have the mandate to accelerate national economic diversification and sustain the competitiveness of businesses operating in the UAE. The alliance will help open new markets for UAE investors and facilitate their ability in getting promising opportunities and acquiring new projects.