TNB’s solar scheme produces over 110,000MWh energy per annum
For the initial functioning year, the solar power plant (SPP) exceeded its optimum annual energy confirmed to the purchaser by 6 percent.
Home
Page 262
Negotiations for acquiring Bank-Audi Egypt are on, says First Abu Dhabi Bank
First Abu Dhabi Bank said that the discussions are in accordance with its plan to expand in the United Arab Emirates and other focused markets.
Tilney in talks with FCA for approval of £625 million S&W deal
Last September, the acquisition of Smith & Williamson was proclaimed by Tilney, which was willing to pay £625 million for its competitor.
ADIB funds $80 million Sharia-adhering facility to Oman Shipping Company
OSC will invest the funds from this Ijara facility in purchasing very large crude carriers.
Maybank, Public Bank and RHB slash lending and deposit rates
Bank Negara Malaysia declared that the OPR would be lowered from 3 percent to 2.75 percent as a preventive move to protect the nation’s economic
Singapore revamps fund structure to entice foreign investors
Christened as the Variable Corporate Companies (VCC), the latest framework will offer investors with more leeway in terms of operations and cutting down on costs.
ADIO pumps in $16 billion into futuristic Abu Dhabi tech startups
The Abu Dhabi startups are sponsored by ADIO’s Ventures Fund, a project of the Abu Dhabi Government’s Ghadan 21 accelerator scheme.
Etisalat is MEA’s most valuable consumer brand for third straight year
With an increased brand value of $8.5 billion, Etisalat has its presence in 16 countries with 148 million consumers across Asia, Middle East and Africa.
UK’s HMRC all set to crack the whip on crypto tax evaders
The UK tax watchdog’s latest revised tax policies on crypto-related activities state that most crypto asset operations fall under the ambit of "taxable economic activity”.
Temasek, EQT join hands to launch renewable energy platform in India
The duo will pump in $500 million into the platform, seeking over 4GW of installed capacity from solar and wind initiatives.