Masdar wins bid for Uzbekistan’s first PPP utility-scale solar project

Abu Dhabi: Masdar has announced on Tuesday that it is the winning bidder to develop Uzbekistan’s first public-private partnership (PPP) solar project under the International Finance Corporation’s (IFC) Scaling Solar programme. Announced by the Ministry of Investments and Foreign Trade of Uzbekistan, Masdar tendered the lowest tariff in the programme’s competitive auction to develop the […]

Anglo-Gulf Trade Bank launches digital corporate accounts at Abu Dhabi Global Market

Abu Dhabi: Anglo-Gulf Trade Bank (AGTB), the world’s first digital trade bank, announced on Tuesday at Fintech Abu Dhabi that, starting in November 2019, it will be offering qualified businesses registering in Abu Dhabi Global Market (ADGM) a fast-track process for opening a starter corporate account. For new businesses in the UAE, opening a corporate […]

Netflix borrowing $2 billion as war for content heats up

California: Netflix is selling bonds as it continues to bolster its original content in the face of expanding competition. The company is offering around $2 billion of bonds between dollars and euros, according to a statement Monday. The proceeds of the sale will be used for general corporate purposes, which may include content acquisitions, production […]

China seeks $2.4b in sanctions against US in Obama-era case — WTO

Geneva: China is seeking $2.4 billion in retaliatory sanctions against the United States for non-compliance with a WTO ruling in a tariffs case dating to the Obama era, a document published on Monday showed. WTO appeals judges said in July that the United States did not fully comply with a WTO ruling and could face […]