News

Argentina’s Power Sector has Involvement of Chinese Firms

Chinese engineering firm is the sole consortium bidding on the Portezuelo del Viento project highlights the…

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…