Global Sukuk (Islamic bond) issuance is set to rise to 6% to around $130bn this year, according to a Moody’s Investors Service report. This fourth consecutive...
India’s sixth LNG import facility will be a floating terminal with a 1.0 million mt/year capacity on its eastern coast, at the port city of Krishnapatnam...
(Bloomberg) — Turkish billionaire Ferit Sahenk is ready to sell more of his assets as part of an ongoing effort to satisfy a debt-restructuring deal struck with...
Petrofac has been awarded a contract of an undisclosed value by Hess, a leading independent energy company, for the well-plugging and abandonment of four wells within...
Ian Pettigrew, Regional Head of Innovation for Global Liquidity and Cash Management, HSBC Bank (MENAT) spoke to Mayank Singh at the New Age Banking Summit, Dubai...
Oman’s Galfar Engineering & Contracting has been awarded the first construction contract for Khazaen Economic City, stated a media release. This is the first construction contract...
(Bloomberg) — The firm that’s transforming an archipelago, desert and mountains — an area about the size of Belgium — on Saudi Arabia’s Red Sea coast...
DP World, a global ports operator, and Zhejiang China Commodity City Group (CCC) have entered into a partnership to develop what is being touted as ‘Middle...
In 2018, Dubai’s foreign direct investment (FDI) reached 38.5 billion Dhirams – a 41% year-on-year growth – and climbed to 6th place in global FDI capital...
Natural gas is rising as a key catalyst to the growth of Oman’s economy, according to Central Bank of Oman’s (CBO) annual report released recently. According to...
