Category Archives: Business

Knowledge Summit 2019: MBRF Unveils Findings of ‘Future of Knowledge: A Foresight Report’

·  The Report assessed5 future fields of knowledge: Biotechnology, Artificial Intelligence, Blockchain, Cybersecurity, and Future Skills.


Dubai – The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) revealed findings from its Future of Knowledge: A Foresight Report to audiences attending the Knowledge Summit 2019in Dubai on November 19-20.

Saudi Fund for Development on Social Infrastructure Projects in Djibouti

Underscores commitment by SFD to helping stabilize Horn of Africa

 Djibouti city, Republic of Djibouti, November 30, 2019-(AETOSWire):The Saudi Fund for Development (SFD) recently signed an agreement for a grant package worth over USD $9 million to fund the design and construction of a water distribution network, a judicial courthouse and infrastructure projects in Dijbouti, marking the latest in a series of the SFD’s development projects in the country.

The Vice-Chairman of the SFD, Dr. Khaled bin Sulaiman Al Khudairy, signed the agreement with Mr. Elias Moussa Douala, the Minister of Economy and Finance, in the presence Djibouti’s Prime Minister Abdoulkader Kamil Mohamed and other government officials, while leading a delegation from the Fund on a visit to Djibouti.

2020 Undergraduate & Post Grad Scholarships at University of South Wales – Australia

The University of South Wales – Australia is offering the International
Awards to outstanding applicants who are willing to pursue a degree program
at the Institution. The university provides candidates with skills and
knowledge to plan for their future career and successfully transition from
student into professional. It provides varied pathways for candidate’s
career advancement and professional development.

Application Deadline: January 6, 2020

Eligible Countries: International

To Be Taken At: Australia

Type: Undergraduate & Masters

Value Of Awards: Varies

Apply for this scholarship at this link below; >>.

FCMB Plc seeks agric sector’s support on economic growth

First City Monument Bank (FCMB) Nigeria has urged stakeholders in the agriculture and power sectors to deepen access to renewable sources of energy to fast-track and sustain growth.

The Executive Director, Finance at FCMB, Mrs. Yemisi Edun, stated this in her keynote address at a conference organised by the bank on Energy-Agric Nexus for Rural Economic Development, with theme: “Stimulating the Agricultural Sector through Off-Grid Energy Development” in Abuja.

Nigeria Government Set To Unveil Oil Bloc Owners

THE Federal Government of Nigeria will on 12th December this year unveil the identities of the true owners of its oil blocks through the beneficial ownership register for the oil and gas industry, the Nigerian Extractive Industries Transparency Initiative (NEITI) has said.

Addressing reporters shortly after a meeting with the Head of International Secretariat of the global Extractive Industries Transparency Initiative (EITI), Mr. Mark Robinson, who was in Abuja on a working visit, NEITI Executive Secretary Dr. Waziri Adio said the meeting was organized for journalists and civil society groups to exchange views on EITI implementation in Nigeria, and the ongoing reforms in the oil and gas mining sectors.

In New York, Grocery Deliveries go high-tech

In New York, a city famous for always being on the go, grocery shopping can be time consuming.

But grocery company FreshDirect promises to deliver within mere hours fruit, fish and bottles of water ordered online, and it relies on its high-tech Bronx warehouse to keep up with demand.

Orders ramping up ahead of Thanksgiving, when families across the United States gather round the table for a huge feast. Everything at the FreshDirect depot is as well-regulated as a Swiss clock, thanks to the computer system.

Dangote Group Gets 60,000 Hectares to set up Industries in Nasarawa

Gov Abdullahi Sule of Nasarawa State said on Wednesday that the state government would allocate 60, 000 hectares for the setting up of two industries by Dangote Group and the Flour Mills of Nigeria in Doma and Wamba communities.

Nigeria Earned $21bn from oil in 2017 – NEITI

Nigeria earned $21bn from the oil and gas sector in 2017, representing a 23 per cent increase from the 2016 figure of $17.05bn and 15 per cent lower than $24.79bn recorded in 2015.

The Nigeria Extractive Industries Transparency Initiative stated these in its 2017 oil and gas industry report that was released on Wednesday.

450 Experts and Professionals Discuss Smart Future Transport in the UAE

Dubai, United Arab Emirates, November 27, 2019, (AETOSWire): Withover than 450 major manufacturers from 22 countries, automotive and modern technology experts and government agencies, the UAE hosted the 5th International Conference on Future Mobility. The two-day conference and exhibition organized by the Emirates Authority for Standardization and Metrology (ESMA) in Dubai, aims to explore the future of the global transport sector.

100 Taiwanese businessmen to invest in Cross River

At least 100 businessmen from Taiwan have indicated interest to invest in Cross River State.

Chief executives of the companies made this known in Calabar at the end of their four-day Taiwan Economic and Business Cooperation Mission to Cross River State.

The team was led by the Chairman, Taiwan-Africa Business Association, Jeff Sun, who said Taiwan had the technology to drive industrial development in Cross River State.