Energy - Global Business Magazine

Italy’s Eni to Invest $7.7 Billion in Egypt’s Oil and Gas Sector

Global Business Magazine September 5, 2023

Eni, Italian energy major, has announced plans to invest $7.7 billion in several oil and gas projects in Egypt in the next four Read More

Energy Business Featured News World

Denmark’s Orsted Secures $783 Million for its Wind Farms in Taiwan

Global Business Magazine September 5, 2023

Danish renewable energy developer Orsted on Monday announced that it has signed $783 million (NTD25 billion) sustainability-linked revolving loan facility for its offshore Read More

Finance Featured News Regional

Saudi PIF-backed ADES Holding to Offer 30% Stake on Saudi Exchange

Global Business Magazine August 29, 2023

In what is touted as one of the biggest Initial Public Offering (IPO) on Saudi exchange’s main market Tadawul, ADES Holding Read More

Business Energy Featured News Regional

Japan Provides $1.4 Billion Loan to Basra Refinery Project

Global Business Magazine August 22, 2023

The Japan International Cooperation Agency (JICA) announced that it has signed a loan agreement with Iraq to provide a Japanese ODA loan Read More

Business Featured Finance News Regional

Mubadala Leads Global SWFs’ Investments in Brazil

Global Business Magazine August 22, 2023

Investments are pouring into Brazil, particularly from state-owned Sovereign Wealth Funds (SWFs) across the world in the last seven years, according to Read More

Energy Featured News Regional

Saudi Arabia Announces Financial Closure for Two Solar PV Projects

Global Business Magazine August 22, 2023

Saudi Arabia’s move to harness solar power and move away from using fossil fuels to generate electricity, has gathered pace with Read More

Energy Featured News Regional

ADNOC and Tabreed Achieve Breakthrough in Harnessing Geothermal Energy

Global Business Magazine August 15, 2023

Abu Dhabi National Oil Company (ADNOC) and National Central Cooling Company (Tabreed), on Monday announced a breakthrough in the first project in Read More

Business Featured Mergers and Acquisitions News Regional

Saudi PIF-backed Nesma to Acquire Dubai-based Private Energy Firm

Global Business Magazine August 2, 2023

Nesma & Partners Contracting Company Ltd, which is partly owned by Saudi Arabia’s SWF Public Investment Fund, on Tuesday signed an agreement Read More