Saudi Sovereign-Wealth Fund on a Stakes Buying Spree
Saudi Arabia’s $300 billion sovereign-wealth fund has turned out to be one of the largest bargain hunters, buying minority in some of...
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Oman’s OQ Chemicals Aims for Bigger Goals in 2021
Germany-headquartered OQ Chemicals, a leading Omani owned manufacturer of oxo intermediates and derivatives has decided to push its output of carboxylic acids,...
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Japan’s Economy Nosedives into Recession Amid Covid-19
Japan’s economy grapples with a corona-virus induced shock as the nation with the world’s third largest economy shrinks with an annualized 3.4% in the...
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Egyptian Suez Canal Bank withdraws from MIDOR, sells stake at $30.6mn
Egypt’s Suez Canal Bank has come to a decision to sell its full stake in Middle East Oil Refinery (MIDOR) to...
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Saudi’s Finance Ministry issues $1.53bn in Sukuk
Saudi Arabia’s Ministry of Finance has raised 5.755 billion riyals ($1.53 billion) in sukuk, as part of the monthly program on Thursday. Under...
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Intel Capital makes investment of $132mn in tech startups
As a part of a major investment amid Covid-19, Intel Capital announces of investing $132mn in 11 technology startups in...
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