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Emirates Group Records First Non-Profitable Year
Dubai-based Emirates Group has posted its first non-profitable year in over three decades, recording an annual…
Saudi Arabia to Form Entity in Equity Holdings
Saudi Arabia will combine two state-run pension and unemployment insurance funds into an entity with almost…
Aramco’s Pipeline deal with China
China’s Silk Road Fund and Hassana Investment Co., controlled by the Saudi Arabian government, joined a…
Petrobras to Increase Brazilian LNG Imports
Energy regulator ANP approved increasing LNG imports to 30mn m³/d from 20mn m³/d, ANP director Rodolfo…
US Steel Prices Rising
US steel capacity utilization rate has remained at or above pre-pandemic levels of 80pc, according to…
Brazilian Investment Bank BR Partners Relaunches its Initial Public Offering
The bank plans to use the proceeds to expand its loan, capital markets and trading businesses,…
Ebanx Announces Investment Round from Private Equity firm Advent International
Brazilian cross-border payments firm Ebanx has announced a $430 million investment round from private equity firm…
Credijusto First Fintech Owner of a Bank in Mexico
Credijusto made history as the first fintech to buy a bank in Mexico. The fintech company…
EU’s Power Legislation has affected its Emissions
Europe as a whole still generates more power from coal than solar. While most coal generation…