Economy
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Adani Group saga enters third week as officials step in to calm market nerves
Indian policy makers and regulators stepped in over the weekend to calm frayed nerves over concerns the turmoil surrounding billionaire Gautam…
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Hong Kong’s Lee in Saudi Arabia, aims to encourage Aramco to list in city
Hong Kong Chief Executive John Lee is seeking to convince oil giant Saudi Aramco and its units to consider a…
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G20 energy meeting in India to balance fossil fuels, renewables
Over 500 energy industry heavyweights and 30,000 participants will descend on the southern Indian city of Bengaluru on Monday to…
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Nestle to hike food prices further in 2023: CEO
Nestle will have to raise prices of its food products further this year to offset higher production costs that it…
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Adani flagship shelves $122 million bond plan after market rout
Adani Enterprises Ltd. has shelved a plan to raise as much as 10 billion rupees ($122 million) via its first-ever…
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Iran signs $900 mln deal with local firm to develop Kish offshore gas field
Iran signed a $900 million contract on Saturday with Iranian Offshore Engineering and Construction Co (IOEC) to develop the first…
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Bangladesh seeks extended oil credit from Saudi Arabia
Cash-strapped Bangladesh asked Saudi Arabia for extended credit on oil supplies, Dhaka’s foreign ministry said, as the South Asian nation…
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TotalEnergies pulls staff from Iraq in wrangling over projects: Sources
French oil major TotalEnergies is pulling its foreign staff from Iraq as it struggles to resolve challenges with Baghdad over…
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Dubai property transactions volume up 128 percent in Jan. 2023: Data
Dubai property transactions recorded more than a 128 percent year-on-year increase in volume by crossing 9,800 sales transactions last month, compared…
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Oil gains ground as traders size up weaker dollar, China outlook
Oil staged a partial rebound after slumping on Wednesday as the US dollar fell and traders weighed the potential for…
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