Market

CDB Lends 104 Billion Yuan for Infrastructure Projects

China Development Bank (CDB) said it had issued 104 billion yuan (about $14.63 billion) in loans during the first quarter of 2024, in an effort to bolster the advancement of transportation and logistics infrastructure projects.

Funds were channeled t…

Alba, SAP sign agreement

Manama, Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminium smelters, has inked an agreement with SAP, a market leader in enterprise application software, to upgrade its enterprise resource planning solution (ERP) to SAP’s latest sof…