Aramco plans to sell stakes in subsidiaries to foster cash flow
The oil major recorded a Q3 slump of 44.6 percent to $11.9 billion
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Nigeria establishes 40KWP solar mini-grid project
The 40kW Solar PV power plant is equipped with mono crystalline solar panels and hybrid inverter
Hang Lung Properties eager to complete Shouson Hill Road property deal
The pricing for the property represents a 20 percent discount on the lower end of the market valuation in an area like Shouson Hill Road
Kuwait’s Burgan Bank floats tier 2 bonds in the international debt market
The bond’s tenor is eleven years and can be redeemed after six years from the issuance date
IBM Security inaugurates new security operations centre in Riyad
The new operations centre will assist clients to tackle cybersecurity incidents, while alerting and safeguarding them through real-time analysis
dnata rolls out freight handling platform in Dubai
The new system will work on parameters such as flight details, vehicle types, shipment characteristics and few other factors
Singapore’s’ CapitaLand forms joint venture to grow asset portfolio
The joint venture will initially focus on Austin and Texas
Japanese government to provide fresh economic stimulus worth $708 billion
The stimulus package will also provide funds worth $20 billion to the clean tech segment
MicroStrategy roll out $400 mn in securities to purchase fresh Bitcoin
The new securities are expected to ramp up the company’s holdings by 20,833 at current prices
Etisalat records 5G speed of 9.1Gbps: Reports
The company is the first to roll out a commercial 5G network in the MENA region