A company established just last month in the Democrat Republic of Congo could be the fourth…
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Blackrock ‘low carbon’ ETF raises record $1.25bn
A new ‘low-carbon’ ETF set up by Blackrock last week became the biggest launch in the…
Total to go ahead with $3.5bn EACOP pipeline despite Palma attack
EACOP, the $3.5bn East Africa Crude Oil Pipeline that will eventually transport crude oil from Uganda…
UK to house first blue hydrogen power plant
The UK looks set to become home to the world’s first large-scale power station to burn…
Korean ESG boom passes new milestones
Korean ESGs: KB Asset Management (KBAM) is Korea’s oldest asset management firm, so news that, at…
Ark’s Space ETF goes stellar
A new space ETF which tracks US and global companies engaged in space exploration and innovation…
Aramco and SABIC to lead $1.3trn Saudi diversification drive
Oil and petrochemical giants Aramco and SABIC are to spearhead a new $1.3trn Shareek (Partner) programme…
Rig robots set to cut oil industry wage bill
The US oil industry could save more than $7 billion in wages by replacing human ‘roughnecks’…
China-Iran deal adds new dimension to Middle East chess game
China-Iran deal. Billions of dollars of Chinese investment could be heading Iran’s way after the two…
Death of Magufuli casts shadow over EACOP pipeline
Uganda has suspended the launch of the East African Crude Oil Pipeline (EACOP) project until next…
Thematic ETFs head for the mainstream
The value of assets traded through thematic ETFs – stock funds that allow investors to make…
EU taxonomy rule book may classify gas as sustainable investment
Gas-fuelled plants that generate power as well as heating or cooling could be classified as sustainable…
Hurun billionaires defy pandemic with record growth
Despite the disruption caused by COVID-19, eight new dollar billionaires were created on average each week…
EV potential makes Volkswagen Germany’s most valuable stock
Automotive giant Volkswagen yesterday overtook SAP as Germany’s most valuable listed company after its shares rose…
Record wind turbine orders defy COVID gloom
Driven primarily by some frenetic activity in the US and China as well as the relentless…
New $10bn UAE fund for Israeli ‘strategic sectors’
A new UAE fund worth $10bn is to be set up to finance developments in ‘strategic…
Vineyard Wind to breathe life into US clean energy sector
The 800 MW $3bn Vineyard Wind 1 Massachusetts offshore project edged closer to obtaining US Government…
Galataport to open in April as hopes grow for Turkish tourism
Galataport, the $1.7 billion new cruise ship port and mixed–use complex under development at the mouth…
Quorn owners expect healthy return from Philippines IPO
Monde Nissin, the Manila-based owners of Quorn Foods and manufacturers of the hugely popular Lucky Me!…
Italy sovereign green bonds hit jackpot
Italy’s first sovereign green bonds raised a record $8.5bn from the sustainable debt market today, with…
Iraq’s Al Faw port to get link to Turkey
Turkey and Iraq are considering commissioning a rail link that would eventually run from Istanbul to…
Two more Indian unicorns join growing herd
Two Indian unicorns this week joined the growing number of subcontinental startups with valuations of over…
Mars mission on track as UAE sets 50-year sights high
Just over a week after the UAE’s Hope probe had sent back its first pictures of Mars,…