Saudi Arabia’s Al Hokair to operate Egypt’s Magic Land
The Egyptian Media Production City announced that it has granted Al Hokair Group the ownership of its entertainment…
S. Arabia leaves Arab Light crude price to Asia untouched
S. Arabia kept the price for its flagship Arab Light crude to Asia in March untouched at a level that is more than…
H. Kong to raise protection on bank deposits to $102K
The Hong Kong Deposit Protection Board will raise the protection limit on bank deposit savings by 60 per cent to…
UAE’s ADIA mulls acquiring stake in China’s Wanda
Abu Dhabi Investment Authority (ADIA) is planning to acquire a minority stake in China’s Zhuhai Wanda Commercial…
Qatar pushes to increase LNG sales to India
Qatar is pushing for increased sales of liquefied natural gas (LNG) to India where demand is expected to double by…
German industrial orders hit three-year high
German industrial orders witnessed an unexpected surge in December, recording the highest increase month-on-month…
India’s NTPC green subsidiary to go public in FY ’24/’25
NTPC Ltd., the largest power producer in India, anticipates its green energy subsidiary to become a public entity…
Australia’s RBA keeps interest rates at 4.35%
Australia’s Reserve Bank Board (RBA) decided on Tuesday to leave rates at a 12-year high of 4.35 per cent during…
Novartis to buy MorphoSys for €2.7bln
The Swiss pharmaceutical manufacturer Novartis will acquire Germany-based MorphoSys for € 2.7 billion, per…
EU bids to boost domestic green tech industry
European Union (EU) policymakers are aiming to agree on new regulations to boost local manufacturing of solar and…
