INTERNATIONAL. Will Chancellor Angela Merkel be forced to spend rather than save? Like President Hollande, Germany's opposition Social Democrat Party (SPD) is calling for a growth package that would draw on existing funds and not create new debt.
INTERNATIONAL. New research from PwC projects that traditional assets under management (AuM) in 12 markets across Africa will rise to around US$1,098 billion by 2020, from a 2008 total of US$293 billion.
UAE. Egis acquires 51% of Projacs, the leading project and construction management firm in the Middle East. This transaction represents a new stepping stone for the development of both Egis and Projacs.