Singapore Builds Floating Solar Farms

Thousands of panels glinting in the sun stretch into the sea off Singapore, part of the…

Standard Chartered Invests in Global Cross-Border Payments Platform

SC Ventures, the innovation, ventures and fintech investments unit of Standard Chartered bank, has made a…

Credit Suisse’s Sustainability Push

Credit Suisse lost 4.4 billion francs unsuccessfully disentangling itself from Archegos’ collapse and likely several more…

Mastercard Creates a Calculator that Measures Consumers’ Carbon Footprints

Credit card company created a calculator that measures consumers’ carbon footprints based on what they purchase.…

ACWA Power Inaugurates Sakaka PV IPP

Project was awarded to an ACWA Power led consortium at a tariff, at the time, of…

EIG Global Energy Partners Agrees to Acquire Stake in Saudi Aramco

Group will acquire a 49 per cent equity stake in Aramco Oil Pipelines Co., a newly…

Barakah Nuclear Energy Plant Has Started Commercial Operations

Nawah Energy Company (Nawah), the operating and maintenance subsidiary of ENEC, has commenced operations of Unit…

Dubai’s Trade with South Africa in 2020 Grew

Dubai’s trade with South Africa in 2020 grew 17 per cent to Dhs15.71bn from Dhs13bn the…

Digital Transformation Journey of Banks and Financial Institutions in the Middle East and Africa Region

Neobanks are dominating the customer interface. Traditional players design their digital opportunities primarily from their viewpoint,…

Shipping Rates Surging Amid Economic Recovery

Rising demand for everything from soybeans to steel has sent the cost of hauling dry goods…