Bloomberg Temasek Holdings Pte is studying potential investments in Swissport Group and Gategroup Holding AG, both owned by HNA Group Co., as it considers deals with the indebted Chinese conglomerate, people with knowledge of the matter said. Temasek, which inked a partnership with the Chinese group, is exploring buying stakes in a number of HNA affiliates that are complementary to …

Bloomberg Steinhoff International Holdings NV raised 3.75 billion rand ($313 million) from the sale of shares in the embattled retailer’s African operations to further shore up its balance sheet following an accounting scandal late last year. The move follows similar disposals of stock in South Africa’s KAP Industrial Holdings Ltd. and investment holdings company PSG Group Ltd. The total generated …

Egypt / Emirates Business As part of its route expansion strategy, Air Arabia Egypt launched a new route linking Sohag in Egypt to Kuwait. The new flights operate three times a week, on Tuesdays, Wednesdays and Thursdays, departing from Sohag International Airport (HMB) at 2340 hours and arriving in Kuwait International Airport (KWI) at 0305 hours the following day. The …