Singapore attracts $17.2 billion from investments in 2020
Singapore’s total business expenditure per annum last year was $ 6.8 billion, lower than 2019’s $9 billion
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Mubadala Petroleum signs oil and gas exploration agreement with Egypt
According to the agreement, Mubadala Petroleum will hold 27 percent participation interest in Block 4
Chevron to supply fuel from Israel to Egypt through subsea pipelines
INGL will develop and connect a pipeline between the Israeli coastal cities of Ashdod and Ashkelon
Etihad Airways extends offset programme in partnership with Shell
The airlines’ will expand its offset programme through its participation in the Shells’ carbon credit programme
Aldar Properties signs deal with Emirati government for capital projects
The framework indicates that Aldar Properties will develop projects in cities such as Riyad and Baniyas North including developments in regions such as Al Dhafra
Viettel makes profit worth ₫ 264 tn in 2020
The company recorded a 25 percent surge to ₫ 5.6 trillion in profits in its 10 overseas markets in the first nine months of 2020
Bank of France aims to reduce its exposure to oil
The bank is also planning to remain as an activist shareholder in oil and gas companies, committing to vote against the new development of fossil
Egypt’s banking majors NBE, Banque Misr launches new real estate project
The development and sales for the project are undertaken by the subsidiary of developer Hyde Park Development, Al Ahly Sabbour
Shell establishes its first photovoltaic (PV) solar project in the Middle East
The company has rolled out the 25-megawatt Qabas solar plant in the Sultanate of Oman
Chinese seaborne iron ore trade remained resilient in 2020
The reports indicate that mainland China imported 1104 million tonnes of iron ore by sea throughout last year