- The company employs about 4,000 workers in the UK.
The announcement comes as British Steel, owned by Chinese group Jingye since 2020, seeks financial support from the UK government.
British Steel said it plans to shut coke ovens at its Scunthorpe plant, northern England, which would help the group to also "build a green and sustainable future".
- Abu Dhabi, UAE-- Abu Dhabi Fund for Development (ADFD) has allocated AED165 million ($45 million) to the Nigerian government to...
The Fund said the 82-kilometer road linking Minna, the capital of the state of Niger, with the city of Bida, will reduce travel time by 50 percent.
The road is expected to stimulate commercial activities and improve transport links between the main cities in the country.
- Citing people familiar with the matter, Bloomberg said China’s Ministry of Finance is among government entities that gave the so-called...
While offshore subsidiaries can still use US auditors, the parent firms were urged to hire local Chinese or Hong Kong accountants when contracts come up, the report said.
The decision comes even after Beijing reached a landmark deal to allow US audit inspections on hundreds of Chinese firms listed in New York.
- The agreements will deliver much needed natural gas to fuel nearby power plants, creating thousands of new jobs in Diyala...
The agreements will deliver much needed natural gas to fuel nearby power plants, creating thousands of new jobs in Diyala and Basra
The Gilabat-Qumar and Khashim Ahmer-Injana fields will be developed in Diyala Province and the Khider Al-Mai block in Basra province
- Cairo, Egypt--Egypt has set an initial yield of 11.625 percent for the sale of its three-year, dollar-denominated sukuk on Tuesday...
The sukuk will be of benchmark size or in the range of $500 million
Egypt’s finance minister Mohamed Maait said in December that the country was targeting between $1.5 billion and $2.5 billion from its first sovereign sukuk
- The SeaRates platform will enable Caspian Containers Company customers to monitor the status and movement details of a container at...
The SeaRates platform will enable Caspian Containers Company customers to monitor the status and movement details of a container at any point during its journey
In addition to supporting the digitising of trade, the partnership will further strengthen ties in the two growing markets of the Greater Caspian Region and Africa
- Abu Dhabi, UAE--UAE-based SMEs in the industrial sector will soon be able to access new financing solutions and enablers following...
The MoU aims to attract industrial investors to strategic sectors such as defense by providing a package of incentives and benefits
EDB will provide flexible and competitive financing solutions such as green financing, financing capital expenditure, and financing start-ups and SMEs
- "The new listings will take place between March and April. Another group of companies will be listed in the venture...
New companies are about to be listed on Qatar Stock Exchange, including MEEZA and another start-up operating in the oil and gas services sector, says top official
The new listings will take place between March and April, adds Acting CEO of the QSE Abdulaziz Nasser Al Emadi on the sidelines of the listing of Dukhan Bank
- RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) is participating in the Gulfood exhibition to showcase its...
With an aim to promote the F&B industry, RAKEZ regularly participates in the annual Gulfood exhibitions.
RAKEZ supports investors to gain a foothold in the local, regional and global markets through its business ecosystem.





















