Bloomberg The Bank of Baroda’s South African unit has been in possession of the “proceeds of crime” linked to a dairy farm project that involved the politically connected Gupta family, said Thato Ntimutse, a lawyer for the National Prosecuting Authority’s Asset Forfeiture Unit. While India’s Bank of Baroda has tried to stop the state from freezing 30 million rand ($2.5 ...

Bloomberg Airline industry experts have been proclaiming the death of first class for years. While some airlines have done away with it altogether, others are doubling down with palatial suite-style seats, lavish amenities, and services that pamper, both on the ground and in the air. What’s ensued is a golden age of flying … for those who can afford it. ...

DUBAI / WAM The Dubai Electricity and Water Authority (DEWA) awarded an AED871 million contract for the construction of a 40 million imperial gallons per day (MIGD), Seawater Reverse Osmosis (SWRO) based desalination plant in Jebel Ali, to a joint venture comprising ACCIONA Agua S A and Belhasa Six Construct (BeSIX). This new SWRO plant is being developed as a ...