Abu Dhabi state gas organization looks to raise $2B in IPO Thursday, 23 February 2023

The government-owned gas utility of Abu Dhabi anticipates raising up to $2 billion by selling 4%...

Empower sign agreement with Dubai Maritime City to supply district cooling services Thursday, 23 February 2023

Dubai Maritime City (DMC) and Emirates Central Cooling Systems Company PJSC (Empower) have a...

Sri Lanka investment board nod US$442mn Adani Green wind power plants Thursday, 23 February 2023

In line with a statement from the board, Sri Lanka's Board of Investment has approved two wind...

South African food service firm Bidcorp to preserve China business Wednesday, 22 February 2023

Bid Corporation Ltd., a South African company, added that it was keeping its Greater China...


China assists Pakistan by providing further $700mn to shore up FX reserves Wednesday, 22 February 2023

The South Asian nation's finance minister announced that Pakistan will this week receive a fresh $700 million loan from China to support its...

UAE Based Lulu Exchange partners with HDFC Bank to boost cross-border payments between India and Middle East Wednesday, 22 February 2023

The largest private sector bank in India, HDFC Bank, and a financial services firm located in the UAE, Lulu Exchange, signed a contract to improve...


Korean firm LG Energy Solution joins Ford, Koc for Turkey battery venture Wednesday, 22 February 2023

In order to push for a joint venture to establish an electric vehicle (EV) battery plant in Turkey, LG Energy Solution (LGES) announced that...

Japan firm Post considers nearly $9bn sale of stake in banking business Tuesday, 21 February 2023

As per persons familiar with the situation, Japan Post Holdings Co. is considering selling around a third of its shares in Japan Post Bank Co....

Sobha Realty collaborates with Dubai Multi Commodities Centre to launch first project in JLT Tuesday, 21 February 2023

Sobha Realty, the top luxury real estate developer in the UAE, has partnered with DMCC, the premier free zone in the world, and the Government...

Tech firm Sabre enters into an agreement with Tian Xia Fang Cang to support future Chinese... Tuesday, 21 February 2023

A deal with Tian Xia Fang Cang will open up new possibilities for recovery and revenue growth in the Chinese hospitality market, according to...

UAE Banks Federation inks MoU with Azerbaijan Banks Association Tuesday, 21 February 2023

The Azerbaijan Banks Association, the umbrella organisation of banks and financial institutions in the Republic of Azerbaijan, and the UAE...

VW's China JV with SAIC appoints Jia Jianxu as its new head Monday, 20 February 2023

As its new general manager, Jia Jianxu, a seasoned executive at the state-owned Chinese manufacturer, was announced by Volkswagen's joint...


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