Norway

Although d’Abo notes the potential of other businesses, he remains focused on growing Rex International's reserves.

The fund's market value has now ticked up to US$1.6 trillion

Rex International's subsidiary gets approval for oil and gas exploration in Norway

Just 10% of companies in the wealth fund’s portfolio have a net-zero target for 2050

Reliance Industries Chairman Mukesh Ambani pledged in June to spend US$10 billion on green energy over three years

The MOU will focus on priority sectors including the blue economy, sustainable urban solutions, and healthcare sciences.

Norwegians marvelled as their piggy bank hit a 10 trillion-krone milestone exactly 50 years to the day after Norway discovered the oil that would fuel the country’s vast wealth.

SINGAPORE (June 17): “We remain firmly committed to our growing traditional meat business and expect to be a market leader in alternative protein.” — Noel White, CEO of Tyson, a leading producer of meat.

SINGAPORE (June 25): VARD Holdings has secured a contract worth over NOK 5 billion ($840 million) to construct three coast guard vessels for Norway’s Norwegian Defence Materiel Agency (NDMA), an agency directly under the Royal Norwegian Ministry of Defe

SINGAPORE (May 24): VARD Holdings has secured a new contract valued at NOK 400 million ($66.4 million) for the design and construction of one stern trawler for Nergård Havfiske AS, which is part of Norwegian fishery Nergård group.