2019, March, 27, 11:35:00UAE GDP UP 3.5%
The UAE's GDP is set to expand 3.5 percent this year against 2.8 per cent in 2018, thanks to a stimulus package worth AED50 billion announced last year along with a host of other measures for the ease of doing business in all the emirates, said Director of Dubai Customs, Ahmed Mahboob Musabih, while chairing the first quarterly Consultative Council meeting in 2019.
2019, March, 27, 11:30:00UAE SOLAR INVESTMENT $2 BLN
The Dubai Electricity and Water Authority (DEWA) and a consortium led by Saudi Arabia’s ACWA Power and the Chinese-government owned Silk Road Fund have completed financing of the 950 MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, it was announced on Sunday.
2019, March, 27, 11:25:00ENEL NET INCOME +26.7%
Consolidated financial highlights Revenues: 75,672 million euros (74,639 million euros in 2017, +1.4%) EBITDA: 16,351 million euros (15,653 million euros in 2017, +4.5%) Group net income: 4,789 million euros (3,779 million euros in 2017; +26.7%)
2019, March, 27, 11:20:00ENEL ACQUIRED RENEWABLE $900 MLN
Enel acquired 650 MW of renewable capacity from its U.S. joint venture EGPNA REP
2019, March, 25, 11:15:00BULGARIA'S GROWTH 3.3%
The Bulgarian economy continues to grow strongly, supported by buoyant domestic demand. Growth exceeded 3 percent in 2018 and is projected to maintain its momentum in 2019.
2019, March, 25, 11:10:00TANZANIA'S LNG $30 BLN
Tanzania plans to negotiate terms for developing a $30 billion liquefied natural gas project with companies between April and September, the Energy Ministry said.
2019, March, 25, 11:05:00UAE GOVERNMENT'S SURPLUS DH67.5 BLN
The UAE government’s surplus posted Dh67.5 billion in 2018, according to the latest figures released by the Ministry of Finance.
2019, March, 25, 11:00:00UAE, CHINA TRADE UP 17%
Prospects for two-way trade between the UAE and China remain bright despite a cloud of gloomy global economic sentiment cast by Washington’s trade war with Beijing, according to HSBC UAE CEO Abdul Fattah Sharaf.
2019, March, 25, 10:55:00ADNOC, OMV AGREEMENT
Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohamed bin Zayed Al Nahyan and Chancellor of Austria Sebastian Kurz attended the signing ceremony of Memorandum of Understanding (MoU) between Abu Dhabi National Oil Company (ADNOC) and OMV and Borealis to explore new opportunities for collaboration in the downstream sector.
2019, March, 25, 10:50:00ITALY'S RENEWABLE INVESTMENT $7.1 BLN
Italy’s Terna said on Thursday it would spend a record 6.2 billion euros ($7.1 billion) on its power grid to deal with the shift towards the production of more renewable energy.
2019, March, 25, 10:40:00U.S. NUCLEAR GUARANTEES $3.7 BLN
The US Department of Energy (DOE) has finalised further federal loan guarantees of USD3.7 billion for the continued construction of Vogtle units 3 and 4, Energy Secretary Rick Perry announced today during a visit to the construction site near Waynesboro, Georgia.
2019, March, 22, 10:10:00BRITAIN NEED INVESTMENT $265 BLN
Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).
2019, March, 22, 10:05:00U.S. FEDERAL FUNDS RATE 2.25-2.5%
U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.
2019, March, 22, 09:55:00PETROCHINA NET PROFIT UP 130.7%
PetroChina Company Limited (“the Company”, HKSE: 0857; NYSE: PTR; SSE: 601857) announced that the Company’s high-quality development is starting to achieve good results, with net profit increasing substantially by 130.7% year-on-year in 2018.
2019, March, 22, 09:50:00CNOOC NET PROFIT UP 113.5%
Net profit increased significantly and financial status remained healthy All-in cost of US$30.39/boe, down 6.6% YoY; Net profit of RMB 52.69 billion, up 113.5% YoY; Final dividend of HK$0.40 per share (tax inclusive)