Development
According to the Indonesian Minister of Industry, it represents a “more strategic and results-oriented phase” of bilateral relations. Indonesia and Russia are pressing ahead with a practical shift from friendly…
Spanish authorities have presented Egypt as a strategic investment and development partner. Cairo – Relations between Egypt and Spanish countries are being given a new impetus, with both sides getting…
Cobre Panama – once trumpeted as a game-changing $10 billion project – has been idle since late 2023 after Panama’s Supreme Court found the legal path employed to grant swathes…
Anthony Pagano, Chief Executive Officer of Polycor, framed the disposal as “an important step in the evolution of our group,” adding that the divestiture of the French business will allow…
Numerous deals were signed at the event. State-owned Egyptian company Arab Organisation for Industrialisation inked an MoU with Chinese firm Norinco, also known as North Industries Corp, to make rocket-equipped…
The oil-exporting GCC economies stand to see, at least in the near term, a boost in output and fiscal receipts as these voluntary curbs are relaxed. Economic outlook for the…
Chevron plans to allocate roughly $17bn of the total to upstream activities, with about $9bn earmarked for U.S. development and nearly $6bn of that targeted at shale/tight assets such as…
Boeing’s prognosis will be watched closely by financiers, policymakers and rival manufacturers. Africa is set to enter a new era of aviation growth, driven by an expected rapid growth in…
Despite the decision to shut down, Zipcar has pledged to fulfil all existing bookings, including those over the Christmas period. Zipcar, the world’s largest car-sharing company, has announced that it…
The agreements offer Italy an opportunity to expand its industrial presence in one of the world’s fastest modernising economies. Italy and Saudi Arabia have signed 22 comprehensive agreements aimed at…