Category: World Business
Royal Dutch Shell said on Wednesday it has begun output at its Prelude Floating Liquefied Natural Gas (FLNG) facility in Australia, the world’s largest floating production structure. It is also the last of a wave ...
The United Arab Emirates (UAE) has expressed its readiness to deepen economic ties with Nigeria toward promoting investment and trade between both countries. Amb. Fahad Altaffag, United Arab Emirates Ambassador to Nigeria, expressed the country’s ...
The Asian Development Bank (ADB) said on Friday that it has approved a 150 million U.S. dollars loan to help develop a comprehensive elderly care system in Yichang in Central China’s Hubei Province. “The project ...
The global oil market could move into deficit sooner than expected thanks to OPEC’s output agreement with Russia and to Canada’s decision to cut supply, the International Energy Agency said on Thursday. The Paris-based IEA ...
Even before taking over Qatar’s energy policy in a government reshuffle last month, Qatar Petroleum (QP) CEO Saad al-Kaabi had long wanted the Gulf state to leave OPEC. Kaabi was concerned OPEC membership could be ...
Apple Inc (AAPL.O) said on Thursday it would invest 1 billion dollars to build a second campus in North Austin, Texas and another 10 billion dollars for new data centres over the next five years. ...
Egypt’s Central Bank wants the World Bank and International Monetary Fund to include the country’s informal sector in their gross domestic product figures. The country wants included other macro-indicators for Egypt, the bank’s deputy governor ...
African Development Bank President Akinwumi Adesina has saluted Egypt’s strong macroeconomic performance, its improved ranking in the ‘Doing Business Index,’ and the success of major projects in which the Bank is supporting Egypt, lessons that ...
Standard Chartered is cutting jobs in its retail bank in the United Arab Emirates in part as more customers move to digital services, people familiar with the matter told Reuters. The bank has also reduced ...
Sterling sank to a near three-month low against the euro on Monday as investors positioned for a parliamentary vote on Britain’s Brexit deal with the European Union that Prime Minister Theresa May is widely expected ...
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