General Newsletter

Published date: 17-09-2020
Selection: How UAE will produce abundant clean energy, China’s factories accelerate recovery, and Fitch sounds the alarm on US debt
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The Home of Middle East Business News
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Oil & Gas

Zawya

Eni, BP announce new gas discovery in Egypt’s Nile Delta

Eni, BP announce new gas discovery in Egypt’s Nile Delta The Nidoco NW-1 exploratory well is located 4 km north from the Nooros field, which …

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Technology

The National

picture Abu Dhabi Ports plans to halve emissions through digitalisation

Abu Dhabi Ports plans to halve its emissions through a smart container initiative that will use solar power to reduce energy use.
The solar-panelled steel …

Economy

Gulf Business

Abu Dhabi takes $615m stake in US LNG exporter

Abu Dhabi’s main sovereign wealth fund disclosed a 5.1 per cent stake in Cheniere Energy, the largest US exporter of liquefied natural gas.
Abu Dhabi Investment …

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Economy

Egypt Today

picture Minister: Investments in New Valley in 2020/2021 plan hit LE4.09B

Egyptian currency_Reuters
CAIRO – 16 September 2020: Minister of Planning Hala Saeed said on Wednesday that investments in the New Valley governorate in …

Oil & Gas

CNBC

The oil sector could face even more distress during coronavirus crisis as it struggles to draw investments

SINGAPORE — Oil prices have plunged during the pandemic and the sector’s crisis could get worse as new investments are unlikely to flow in, experts …

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Technology

Saudi Gazette

picture AECOM secures backbone infrastructure design role for NEOM

DUBAI — AECOM, the world’s premier infrastructure consulting firm, has been appointed to design transport and utilities backbone infrastructure for NEOM, a new model for …

Financial Markets

Saudi Gazette

SEDCO Capital awarded highest ratings in PRI Assessment Report 2020

JEDDAH — SEDCO Capital, a global Shariah-compliant asset manager, announced Tuesday that it has received the highest possible rating by the United Nations-supported Principles for …

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Education

Arab News

picture Saudi education minister opens two digital colleges for women

Saudi education minister opens two digital colleges for women
Saudi education minister opens two digital colleges for women
Saudi education minister opens two digital colleges for women
Education …

Economy

Egypt Today

Non-petroleum exports hit $16 billion in 8 months: GOEIC

Exports- Creative Commons cia Pixabay

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Education

Zawya

picture Egypt invests $6.3bln in educational sector in 6 years

Cairo – Mubasher: Egypt has invested EGP 100 billion in the educational sector during the last six years, the Egyptian Prime Minister, Mostafa Madbouly, announced …

Economy

Daily News Egypt

New Valley receives EGP 4bn of Egypt’s investments in FY 2020/21: El-Said

Egypt allocated EGP 4.09bn of investments to the New Valley governorate as part of the fiscal year (FY) 2020/21 plan, according to Minister of Planning …

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Oil & Gas

The National

picture Opec+ set to review compliance amid heightened oil market fragility

Opec+ convenes its monthly meeting today and Thursday to review compliance to production quotas among members at a time of increasing fragility in the oil …

Financial Services

Zawya

Gulf International Bank sells $500mln in 5-year bonds – document

DUBAI- Bahrain’s Gulf International Bank (GIB) sold $500 million in five-year bonds on Wednesday after receiving around $1.35 billion in orders, a document showed.The deal …

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Financial Markets

Zawya

picture Mideast Stocks: Most Gulf markets gain; Saudi bourse slips

Most Middle Eastern markets ended higher on Wednesday, with Bahrain outperforming the region, while bank stocks weighed on the Saudi index.Saudi Arabia’s benchmark index slipped …

Financial Markets

The National

FAB partners with the Ministry of Finance to provide a new range of eDirham contactless cards and payit cashless and cardless solution

First Abu Dhabi Bank (FAB), has partnered with the Ministry of Finance (MoF) to launch a new range of eDirham contactless cards for governmental service …

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This newsletter is a curation of the top Middle East business and financial news from regional and global sources. WriteCaliber uses Artificial Intelligence tools to curate, filter and classify news articles by sector and by country. WriteCaliber is a leading content technology company offering content solutions including automatic news filtering, original content writing and expert opinions.
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