United Arab Emirates (UAE)

The company said in August that it had invested $514 million so far in the project. It is expected to open in 2027.

While it does not need to raise money from the bond market, the new deal could be aimed at improving liquidity in the debt curve.

The financial flows to the UAE mark a new role for its US$509 billion ($683.3 billion) economy.

The cut may support prices in the short term, but the broad market dynamics remain practically unchanged: Morgan Stanley.

The main winner from the weekend’s OPEC+ talks was the UAE, which gets a boost to its production limit for next year.

The market for hydrogen is tiny today but could be worth as much as US$700 billion ($949 billion) annually by 2050.

SINGAPORE (May 29): Singapore has reclaimed its position as the world’s most competitive economy for the first time since 2010, according to the International Institute for Management Development's (IMD) 2019 World Competitiveness Report released to

SINGAPORE (May 6): Hyflux has identified Utico FZE as its next potential white knight investor which might make a capital injection of $400 million, weeks ahead of its extended debt moratorium until May 24.

(July 13): Larger economies may be in danger of losing the digital race to smaller and more nimble nations.

RIYADH/WASHINGTON (June 5): Saudi Arabia and three other Arab countries cut off most diplomatic and economic ties to Qatar in an unprecedented move designed to punish one of the region’s financial superpowers for its ties with Iran and Islamist groups i