News

McDermott Completes Offshore Field Development Project in India

Located off the east coast of India, is the KG-D6 R Cluster subsea field development project.…

CIMB Group Holdings Bhd to Face Out Coal from its Portfolio by 2040

International banks have been exiting coal financing at an accelerated rate this year amid pressure from…

UOB is the First Issuer to Reference the Singapore Overnight Rate Average Overnight Indexed Swap Rate

Reset coupon rate of UOB’s perpetual, non-call five-year additional Tier 1 (AT1) securities on the first…

UBS’s New Digital Bank Offering for China

UBS is still waiting for the green light for a promising project in the Chinese mass…

Tamam Financing Company Awarded Microfinance License by Saudi Arabia

Zain Group, which has operations in seven markets across the Middle East and North Africa, has…

UAE’s Economic Recovery

Unprecedented fiscal stimulus and monetary policy support, the IMF estimates that global growth contracted by -4.5…

Banking in the Middle East is Undergoing a Digital Transformation

Use of digital solutions has been reinforced by the Covid-19 pandemic. New normal has had the…

Liquefied Natural Gas Traders Anticipate a Swift Demand Recovery in 2021

Outages at major production hubs and congestion along global shipping routes already have combined to push…

Abu Dhabi’s Mubadala Investment Company is Overhauling its Structure

Deploying capital to double in size to nearly half a trillion dollars in the next decade,…

36.8 MW of Wind Energy in Peru

Grenergy in a renewable energy auction in 2016 and are part of Peru’s plan to meet…