Economy
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UAE’s Jaber urges Big Oil to join fight against climate change
A top oil executive from the United Arab Emirates on Monday urged the energy industry to join the fight against climate…
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Cuba’s president meets CEO of Russia’s Rosneft amid fuel shortage
Russian oil firm Rosneft’s CEO Igor Sechin met with Cuba’s President Miguel Diaz-Canel, the island’s leader said, amid an acute fuel shortage…
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Lebanon leans on US dollar to cope as currency, economy tank
When Moheidein Bazazo opened his Beirut mini-market in 1986, during some of the fiercest fighting in Lebanon’s civil war, he didn’t expect…
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Saudi Arabia’s ACWA Power to build two solar plants in Uzbekistan
Saudi Arabia’s ACWA Power will build two solar plants in Uzbekistan with a total capacity of 1.4 gigawatts and three…
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Peninsula Real Estate in talks with Abu Dhabi firm over pre-IPO funding
Peninsula Real Estate is in talks with Abu Dhabi investment group Yas Holding to secure funding ahead of a planned…
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US hits Iran energy exports with fresh sanctions targeting entities, freezing assets
The US imposed a new round of sanctions on companies it accused of involvement in Iran’s petrochemical and petroleum trade,…
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Markets brace for Pakistan default risk as $7 billion debt looms
Bondholders are bracing for a potential default by Pakistan as the beleaguered nation struggles to meet billions of dollars in…
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UAE-based money exchange Al Ansari doubles dividend payout ahead of Dubai IPO
Al Ansari Financial Services plans to double its dividend for 2023 ahead of its upcoming initial public offering, according to…
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Top India court sets up six-member panel to probe Adani market manipulation charges
India’s top court set up a six-member panel to probe allegations against the Adani Group, after a bombshell report from…
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Adani Group stocks extend rebound amid series of block trades
Shares of Adani Group companies climbed on Thursday as block trades in some of the conglomerate’s stocks suggested institutional investors…
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