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Finance

UAE, AFRICA INVESTMENT
2019, November, 20, 11:45:00
UAE, AFRICA INVESTMENT
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received today at the Qasr Al Bahar, participants in the Africa Investment Summit, AIS, which is being hosted by the Abu Dhabi Investment Authority, ADIA, to increase dialogue between global investors and African financial and corporate entities. They were accompanied by H.H. Sheikh Hamed bin Zayed Al Nahyan, Managing Director of ADIA.
Finance
2019, November, 20, 11:40:00
UAE, MOZAMBIQUE OPPORTUNITIES
"Mozambique represents an increasingly important trading partner for Dubai and the UAE and this was an important platform to discuss how we can take our business relations to the next level," said Al Ghurair.
Finance
2019, November, 20, 11:25:00
EU CLIMATE INVESTMENT $39 BLN
Next year, the EU has committed to finance projects worth 168.7 billion euros ($186.8 billion), of which 21% will go to measures to fight climate change.
Finance
2019, November, 20, 11:20:00
POLAND'S NUCLEAR INVESTMENT $60 BLN
Poland is seeking a foreign investor for a 49% stake in the company that will be responsible for building and operating six reactors, Piotr Naimski, a top government official in charge of strategic energy infrastructure, said
Finance
2019, November, 20, 11:00:00
CHINA'S NUCLEAR INVESTMENT $5.64 BLN
The total investment for the two new units will reach 39.45 billion yuan ($5.64 billion), and they are scheduled to go into operation in 2025 and 2026.
Finance
2019, November, 20, 10:50:00
PHILIPPINES GROWTH 5.7-6.3%
Philippines growth is projected at 5.7 percent in 2019, unchanged from the October 2019 World Economic Outlook, and to strengthen to 6.3 percent in 2020, underpinned by an increase in government spending and the recent monetary policy easing. The medium-term economic outlook remains favorable, especially if the strong structural reform momentum continues.
Finance
2019, November, 20, 10:45:00
UKRAINE'S GDP GROWTH 3.6-4.2%
If the key reforms move forward expeditiously, Ukraine's economic growth is projected at 3.6 percent in 2019, 3.7 percent in 2020, and 4.2 percent in 2021.
Finance
2019, November, 20, 10:42:00
TURKMENISTAN GDP GROWTH 6.3%
Turkmenistan's economic growth continues to be driven by both the hydrocarbon and nonhydrocarbon sectors. External balances remain in surplus, buoyed by exchange controls in line with import substitution and export promotion objectives.
Finance
2019, November, 20, 10:40:00
KAZAKHSTAN GDP GROWTH 4.1-3.8%
Kazakhstan's GDP grew by 4.3 percent in the first three quarters of 2019
Finance
2019, November, 20, 10:35:00
MOZAMBIQUE GDP GROWTH 5.5%
Mozambique's GDP growth is projected to reach 5½ percent in 2020
Finance
2019, November, 20, 10:30:00
CONOCO WILL RETURN $50 BLN
ConocoPhillips has been one of the better-performing energy stocks, having dropped 8% this year, compared with a key industry index, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP.P), which has sunk about 22%.
Finance
2019, November, 18, 13:15:00
SAUDI ARAMCO VALUATION $1.7 TLN
Crown Prince Mohammed bin Salman had been seeking a valuation for the world's biggest oil and gas company of $2 trillion. Saudi Arabia's government currently owns all of Saudi Aramco's 200 billion shares outstanding.
Finance
2019, November, 18, 13:10:00
EUROPEAN INVESTMENT BANK: $1.1 TLN FOR CLIMATE
Brent was down 43 cents at $61.85 a barrel , WTI slipped 22 cents to $56.55 a barrel.
Finance
2019, November, 18, 13:05:00
OCCIDENTAL WILL SELL $15 BLN
"We are highly confident that the actions we already have in progress will allow us to exceed the upper end of our original $10 to $15 billion divestiture goal by the middle of 2020," said President and Chief Executive Officer Vicki Hollub. "Closing the Midland Basin Joint Venture and completing the sale of additional non-core assets are the latest examples of Occidental’s progress towards further strengthening our balance sheet."
Finance
2019, November, 18, 13:00:00
GAZPROM NEFT NET PROFIT +7%
Gazprom Neft’s revenue in the nine months of 2019 grew by 2.4 percent year-on-year to RUB1.871 trillion