None of the world’s largest asset managers has definitively called on fossil-fuel companies to stop the development of new oil and gas projects. Surely, one would...
Saudi Arabia’s Cabinet approved an agreement signed with the Egyptian government on investments by the Kingdom’s Public Investments Fund (PIF) in Egypt, state news agency SPA...
After a decade of meteoric growth that shook Hollywood to its core, Netflix Inc. has run into a wall. The streaming service lost 200,000 customers in...
An appeal has been launched against a Moscow court ruling that banned Meta from operating in Russia on the grounds of “extremist activity,” Interfax news agency...
Britain said on Tuesday it planned to revoke the Moscow Stock Exchange’s (MOEX) status as a recognized stock exchange in response to Russia’s invasion of Ukraine,...
Saudi Arabia’s national airline SAUDIA, carried 5.1 million guests in the first quarter of 2022, representing a 75 percent increase in travelers compared to the corresponding...
Dubai’s central air conditioning provider Empower will float publicly soon, but not in the first quarter of 2022, Dubai Electricity and Water Authority’s (DEWA) CEO said...
Carmaker Stellantis said on Tuesday it was suspending production at its Russian plant due to logistical difficulties and sanctions imposed on Moscow. The world’s fourth-largest automaker,...
The Jeddah-based Islamic Development Bank has hired a group of banks to arrange the sale of five-year US dollar-denominated sukuk, or Islamic bonds, a document showed...
OPEC+ produced 1.45 mln barrels per day (bpd) below its production targets in March, as Russian output began to decline following sanctions imposed by the West,...
