Japan’s Kurita, UAE’s AquaChemie partner for speciality chemicals venture

September 30, 2020     /

Japan’s Kurita, UAE’s AquaChemie partner for speciality chemicals venture Kurita AquaChemie will serve the Gulf region with manufacturing plants in…

UAE’s ADNOC Distribution approves $350mln interim dividend payment

September 30, 2020     /

UAE’s ADNOC Distribution approves $350mln interim dividend payment For 2021, it has set a dividend of $699mln and a dividend…

Sukuk outlook: Saudi could double issuances to $40bln in 2020 to plug fiscal deficits

September 30, 2020     /

Sukuk outlook: Saudi could double issuances to $40bln in 2020 to plug fiscal deficits Global ratings agency Moody’s expects the…

Air travel industry ‘hugely depressed’; Mideast passenger demand plummets 92.3%

September 30, 2020     /

Air travel industry ‘hugely depressed’; Mideast passenger demand plummets 92.3% Airlines are still ‘burning through cash’; near-term outlook has ‘gotten…

Dubai’s Union Properties to sell autodrome stake for $109mln and acquire property

September 30, 2020     /

Dubai’s Union Properties to sell autodrome stake for $109mln and acquire property The developer will sell the stake for $109mln…

Mubadala Aerospace: Companies need to compromise, work together for sustainability

September 30, 2020     /

Mubadala Aerospace: Companies need to compromise, work together for sustainability Sanad expands $900mln partnership with Etihad while Strata reports 50%…

Wednesday Outlook: Global equity benchmarks slide; Dollar holds line after Trump, Biden clash in first debate

September 30, 2020     /

Wednesday Outlook: Global equity benchmarks slide; Dollar holds line after Trump, Biden clash in first debate Oil extends drop below…