ACWA Power says it will begin construction this year on a 100MW solar energy plant in South Africa as Saudi Arabia and the UAE announced that the two countries will invest a combined $20 billion into the country, according to reports.
Saudi Arabia will introduce its first comprehensive bankruptcy law on Aug. 18 in a move designed to encourage foreign and domestic investment in private business,...
The development of King Salman Energy Park (SPARK), one of the largest investments in the Saudi Eastern Province, is set to boost sectors of Dammam Metropolitan...
After completing construction late last year, Zaha Hadid Architects‘ unveils a breathtaking video with an in-depth look at the firm’s King Abdullah Petroleum Studies &...
Putin had always been scheduled to arrive first in Helsinki, so Trump delayed his departure to the Presidential Palace to accommodate Putin's tardiness. All told,...
The U.S. State Department is negotiating a potential deal to sell Turkey the Raytheon Co Patriot missile defense system as an alternative to the Russian-made...
The United States wants to avoid disrupting global oil markets as it reimposes sanctions against Tehran and in certain cases will consider waivers for countries...
The United Arab Emirates (UAE) has pledged to invest $10 billion in South Africa’s economy, including the tourism and mining sectors, the South African presidency...
Reuters
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Julia Payne Devika Krishna Kumar and Dmitry Zhdannikov |
7.16.2018
The world’s biggest oil traders are counting hefty losses after a surprise doubling in the price discount of U.S. light crude to benchmark Brent WTCLc1-LCOc1...