ADQ (formerly Abu Dhabi Developmental Holding Company) announced today that it has taken over full ownership of UAE-based National Petroleum Construction Company (NPCC) In a statement...
(Bloomberg) — Time was when an oil-price rout almost certainly meant a currency meltdown in emerging markets. Now, it’s failing to cause as much as a flutter....
(Bloomberg) — Welcome to Tuesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day: Oil went negative for the first time on...
(Bloomberg) — Oil prices take an unprecedented plunge below zero. Deaths in New York from the coronavirus are slowing. And as his Virgin-branded businesses get battered by the pandemic, billionaire...
(Bloomberg) — Germany’s solar panels produced record amounts of electricity, exacerbating market forces that were already hammering the profitability of the country’s remaining coal plants. Gin-clear skies...
Oil often referred to as Black Gold is very close to Oman’s heart and to its future economic outlook, despite the fact that Oman is not...
(Bloomberg) — Oil eked out a small gain after tumbling 10% on Tuesday as concerns over virus-driven demand destruction overshadowed a historic deal by the world’s biggest...
(Bloomberg) — Oil pushed higher after swinging wildly in early trading as investors weighed whether an historic deal by the world’s biggest producers to cut output would...
(Bloomberg) — As Mexico and Saudi Arabia fight over a deal to bring the oil-price war to an end, Mexico has a powerful defense: a massive Wall Street hedge...
UAE’s National Central Cooling Company (Tabreed) has acquired an 80 per cent stake in Emaar Properties‘ Downtown Dubai district cooling business. In an announcement made yesterday,...
