Saudi Arabian digital security firm Elm Company said on Wednesday that it had agreed to acquire business services firm Thiqah from the kingdom's sovereign wealth fund in a deal valued at 3.4 billion ...
Saudi Aramco expects additional oil demand of 1.3 million bpd in 2025
Aramco’s Amin Nasser said that oil demand in 2025 will approach 106 million barrels per day (bpd) after averaging about 104.6 million bpd last year.
Halliburton to Develop 2 Oil Fields in Iraq
By John Lee. The Iraqi Cabinet has approved a Heads of Agreement (HOA) with US-based Halliburton for the development of the Nahr Bin Omar [Nahr Bin Umar, Nahr Ben Umar] and Sindbad oil fields in Basra ...
Stellar Energy signs $2bn+ Iraq Power MoU
By John Lee. Iraq's Minister of Electricity, Ziad Ali Fadhil, has signed a cooperation agreement and memorandum of understanding with U.S.-based Stellar Energy to implement strategic projects aimed at ...
2 Families, in Business for 50 Years, Wage War in a South Korean Boardroom
Control of Korea Zinc, the world’s largest producer of zinc, is at stake in a battle challenging the country’s entrenched chaebol system of powerful conglomerates.
South Korea to shrink biomass energy subsidies after criticism over link to deforestation
JAKARTA, Indonesia -- The South Korean government will reduce subsidies for biomass energy after rising domestic and international criticism of its link to deforestation. Environmental activists ...
North’s power supply in peril as Kib-Tek ‘embroiled’ in Turkey corruption scandal
The north’s energy supply may be in peril after a boat carrying fuel oil to power its power stations was seized by the Turkish authorities as part of a large-scale investigation into a corruption ...
Vietnam targets north-south high-speed rail completion in 10 years: PM Chinh
The government plans to complete the north-south high-speed rail within 10 years as it prioritizes breakthroughs in infrastructure development, Prime Minister Pham Minh Chinh has said.
American retailers and brands want more workers’ rights in Bangladesh
The BGMEA urged the AAFA, which represents over 1,000 globally renowned brands, retailers, and manufacturers, and the FLA to promote responsible purchasing practices that benefit both buyers and ...
Business Process Outsourcing Sector to Earn Over $1 Billion Revenue By 2029: PSEB
Pakistan’s Business Process Outsourcing (BPO) sector maintained stable growth with its revenues expected to show an annual growth rate (CAGR 2024-2029) of ...