Bank of East Asia’s interim profits surge amid Covid-19 pandemic
The bank’s profit surged by 53 % to HK$1.53 bn in Q1
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South African government launches clean energy project Baby Turtle
The project aims to provide electricity in rural areas
ADNOC sees strong return of oil demand amid Covid-19 pandemic
ADNOC is the major producer of oil in the UAE
ENOC collaborates with Dynamic Fuels to explore new international markets
ENOC will become the official distributor of its marine lubricant products in Spain
iKala raises $17 million to expand into new Southeast Asian markets
Wistron Digital Technology is the primary investor for iKala in the venture
Petrobras begins new development for Santos Basin oil project
Metro field produces 26,000 bpd of crude oil, daily
Egypt’s Beltone to launch out non-banking financial services
The bank’s second quarter profit slumped by 52 percent from 25.2 million EGP to 12.1 million EGP within one year
Bahrain sees economy revival amid Covid-19 pandemic
The country’s non-oil sectors which were seriously hampered by the pandemic are demonstrating better performance
Ant to launch consumer finance firm in China’s Chongqing
The company will team up with TransInfo Technology and Nanyang Commercial Bank
European oil majors complete oil drilling Egypt
The oil well has the capacity to produce mass production of gas as it delivered up to 32 MMSCFD of gas during testing