Saudi Investment Fund announces the largest bookbuild offering in MENA
PIF today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering.
The offering comprised 100 million shares, representing 2% of stc’s issued share capital. The total value of the offering was SAR 3.86 billion ($1.03 billion), with a final offer price of SAR...
United Arab Emirates’ Participation in Biden Leaders Summit on Climate
His Excellency Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and UAE Special Envoy for Climate...
A new report published today by the International Renewable Energy Agency (IRENA) has identified a series of policy measures that can help advance the...
Abu Dhabi Fund Rounds Up 2020 With Project Allocations Worth AED622 Million
Abu Dhabi Fund for Development, one of the UAE’s leading financial entities, continued...
Russia, Iran and the US to lead globally in terms of methanol capacity additions by 2030
Global methanol capacity is poised to see considerable growth...
Belgian construction industry set to reach US$94.5bn by 2024
Prior to the COVID-19 outbreak, Belgium’s construction industry was expected to grow by 3.1% in 2020....
Technology sector stocks most profitable with 30% average ROI in the last 12 months
Data gathered by Buyshares.co.uk indicates that the technology sector stocks are most profitable...
Australia’s domestic-focused E&Ps are better positioned to cope with current global market volatility
The intrinsic uncertainty surrounding the duration of beleaguered global oil and gas...
Middle East remains on track to bring significant refining capacity online
After years of talk about the declining role of oil in the global economy,...