Chinese engineering firm is the sole consortium bidding on the Portezuelo del Viento project highlights the…
Category: Main Stories
Baoshang Bank Files for Bankruptcy
The Bank will file for bankruptcy and liquidate its remaining assets, according to a statement from…
Bond Issuance Soared 73.5% to $17.5b in South Korea
Companies in South Korea floated bonds worth $17.5b (KRW20.8t) in July 2020, up 73.5% from the…
Global Manufacturing Eases as Euro zone Returns to Grow
Euro zone manufacturing activity gradually expanded. Its first growth since early 2019 and Asia’s pain eased…
Three-Year Plan for a Full-Scale Revival by Dubai’s Union Properties
A three-year plan that would help with turnaround after a few years of underperformance and mounting…
Venturing Together, Adnoc Logistics & Services With Wanhua Chemical Group
Adnoc Logistics & Services has entered a joint venture with China’s Wanhua Chemical Group to launch…
Diversification of Kuwait’s Pension Fund
$112 billion, Kuwait’s pension fund plans to boost investments in private equity and infrastructure following an…
60% Profit Gain in First Half of 2020 for Abu Dhabi National Insurance
Profits up 60 per cent to Dh189.7 million despite having to battle the COVID-19 pandemic, Abu…
Fuel Cell System to Ship
The provider of energy industry solutions Toshiba (TOSYY) Energy Systems & Solutions Corporation (Toshiba ESS) announced…
Oil Exports Stagnant
Venezuela exported about 388,100 barrels per day of crude and fuel in July, almost unchanged versus…