Airtel Africa gets $200 mln investment from Qatar Investment Authority

Airtel Africa Ltd, the holding company of Bharti Airtel’s Africa operations, said Qatar Investment Authority, the sovereign wealth fund of Qatar, has agreed to invest USD 200 million through a primary equity issuance in the company. The proceeds will be used to further reduce Airtel Africa‚Äôs existing net debt, it said. The investment from QIA […]

L&T wins 500 cr building automation contract for Doha Metro

One of Larsen & Toubro’s units in the United Arab Emirates has won a Rs 500-cr order to supply building automation and control systems for 37 stations of the upcoming Doha Metro in Qatar, the company said. The contract involves installation, testing, integration, commissioning and 5 years of maintenance of the system. “The Frame Agreement […]