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How COVID-19 prevented Buhari from spending 157 hours 28 minutes in the air


Buhari will still be in the air after a lover of football saw Manchester United’s 2-0 away win over Burnley on Saturday and 104 (yes, you read it right, 104) other games nonstop.
Football sucks? That’s fine. We assume you are a movie buff then, right? The longest cinematic film ever, The Innocence (released in 2019), has a running time of 21 hours, 5 minutes. If you are someone (like me) who can see a film over and over again (like I did, and still doing, with Equalizer 1 and 2) then viewing this 1,265-minute movie eight times (back-to-back) means, finally, the president would have been on the ground. ....

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Major global brands endorse Riyadh's new business hub strategy


DUBAI: Major international companies who have agreed to set up their regional headquarters in Riyadh have endorsed the Saudi capital’s ambitions to become one of the top business cities in the world.
The Royal Commission for Riyadh City has set a target to attract up to 500 foreign companies to set up their regional headquarters in the Saudi capital over the next 10 years, according to a report by Al Arabiya.
Twenty-four international companies on Wednesday officially signed agreements to establish their regional offices in Riyadh, part of the government’s wider plan to create 35,000 new jobs for Saudi nationals and boost the national economy by up to SR70 billion ($18.67 billion) by 2030. ....

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Small Business, Big Challenge | Global Finance Magazine


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Developing-market SMEs, which have long competed for funding against bigger corporates, are counting on help from governments and multilateral lenders to keep afloat. 
February 04, 2021
The long shadow cast by the coronavirus pandemic has extended perhaps most dramatically to small and midsize enterprises (SMEs), highlighting the outsized role they play in the economies of three developing regions Southeast Asia, Africa and the Middle East and the challenges they face going forward.
Full recovery from the Covid-19 crisis will be critical for these countries. According to a 2018 research paper by the Asian Development Bank (ADB), SMEs accounted for 96% of all businesses and provided two out of three private sector jobs in the Asia-Pacific (APAC) region. And in that region, SMEs generated 42% of GDP in 2015. These companies are especially important players in APAC cross-border trade, accounting as of 2015 for over 40% of export values in China and Indi ....

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