London, Dubai (Bloomberg): Saudi Aramco has picked Lazard Ltd. and Moelis & Co. to advise on the oil giant’s second attempt at the world’s largest initial public offering. The investment banks have started preparatory work on the offering, according to people who asked not to be identified. The selection is a boon particularly for Lazard, […]
Mr Joseph Amoah, the District Chief Executive of Shama, has reiterated government’s commitment to creating the enabling environment for the growth …
With several development plans underway, including future projects, Sohar Port and Freezone continues to seek possibilities for growth and …
Commenting on the potential of Terminal 2D, Mark Geilenkirchen, chief executive of SOHAR Port and Freezone, said: “SOHAR is strategically …
ABU DHABI: Abu Dhabi National Energy Company PJSC (TAQA) announced today that its subsidiary, TAQA Atrush B.V. (TAQA Iraq), has set a new production record from the Atrush oilfield in the Kurdistan Region of Iraq. For the first time since the field commenced production operations in July 2017, the total monthly production volume exceeded 1 […]
Abu Dhabi: In a step to reduce consumption of unhealthy goods and modify consumers’ behaviour, the UAE cabinet adopted a decision to expand the list of excise taxable products to include sweetened beverages and electronic smoking devices, starting 1st January 2020. According to a statement released by the Cabinet General Secretariat, “The decision comes to […]
Earlier in the day, he appeared at the Congress headquarters to declare his innocence.
It has lost 4.4 per cent in the last four months, making it the worst performer in Asia.
Mumba: ITC Ltd. is considering a bid to buy a stake in Coffee Day Enterprises Ltd. as the nation’s biggest cigarette maker seeks to diversify its businesses, according to people familiar with the matter. The maker of Classic and Gold Flake cigarettes has been given access to Coffee Day’s assets and financial for due diligence, […]
This will be Modi’s third visit to the UAE.