Saturday 20 December 2014
 
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$250bn ‘needed to tackle energy crunch’ in India

India needs to invest $250 billion over the next five years to tackle chronic energy shortages and provide power for all its 1.2 billion people, its power minister said on Thursday. Piyush Goyal said the bulk of the investment wou

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$250bn ‘needed to tackle energy crunch’ in India

India needs to invest $250 billion over the next five years to tackle chronic energy shortages and provide power for all its 1.2 billion people, its power minister said on Thursday. Piyush Goyal said the bulk of the investment wou

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Bahrain business leaders urged to invest in India

Bahrain and GCC business leaders were urged to invest in the Indian market which is now opening up in different sectors such as construction, infrastructure and offering growth opportunities. That was the message by PineBridge Inv

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BP Egypt to invest $240m in new exploration blocks

BP Egypt has won two new exploration blocks as a result of the 2013 EGAS bid round, where the company and its partners have committed to invest a total of $240 million in the blocks over different phases. The Block 3 – North

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Alba backs ‘Invest in Bahrain 2014’ forum

Aluminium Bahrain (Alba) supported the ‘Invest in Bahrain 2014’ Forum, which took place at the Bahrain International Exhibition & Convention Centre today (October 15). Held under the patronage of Prince Khalifa bin

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Major projects to be showcased at Bahrain event

At least 58 potential projects representing sectors such as metals, plastic, fibreglass, water, e-commerce, information and communications technology will be unveiled at a major international event today (October 15) in Bahrain. B

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Intel to invest $1.5bn in 2 Chinese mobile chipmakers

Intel Corp said it will pay as much as $1.5 billion for a 20 per cent stake in two mobile chipmakers with ties to the Chinese government, in the hopes of catching up in a smartphone chip industry dominated by rival Qualcomm. Intel

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Saudis to pump $26bn into green projects

Saudi Arabia is investing more than $26 billion in a total of 76 green building projects across the kingdom in line with its sustainable building strategy, said a report. These projects include the King Abdullah Financial District

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SCPE invests $35m in Al Jazeera Agricultural Co

Standard Chartered Private Equity (SCPE) has acquired a minority stake in Al Jazeera Agricultural Company, a fully integrated poultry and chicken feed producer and distributor in Jordan, through an equity investment of $35 million.

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Emaar Malls listing ‘could be first of other IPOs’

Dubai real-estate conglomerate Emaar Properties is set to launch its initial public offering of its profitable malls business this month, a positive move for existing investors as a spinning off and separate listing will most likely raise the va

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