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Saturday, May 11, 2024

Big Deals

UAE and Oman Firms Sign USD 32 Billion in Energy Deal

An industrial and energy project valued at an estimated USD31.8 billion topped the recent investment agreements reached between the UAE and Oman following Sultan Haitham Bin Tariq’s visit to the UAE capital earlier this week.

TotalEnergies Deploys a Multi-Energy Strategy from Oman to Malaysia

TotalEnergies CEO Patrick Pouyanné met with His Majesty Sultan Haitham bin Tariq Al Said and Minister of Energy HE Eng. Salim bin Nasser Al Aufi to reaffirm the long-term partnership between TotalEnergies and the Sultanate of Oman as well as launch the Marsa LNG Project during a meeting in Muscat this week.

iByond Asia and Knightsbridge Clinch USD1.2B Fintech Deal

iByond and Knightsbridge Group will join forces to spearhead fintech initiatives across the Asia Pacific region.

Capital A International to be Publicly Listed in the US

Capital A International, a global brand management platform that specializes in the licensing of AirAsia, will champion renowned brands to investors who want to tap into the massive 680-million ASEAN market with a proposed transaction value of USD 1.15 billion.

Latest news

Qatar Hypermarket Launches Halal Thai Promo for Good Taste and Goodwill

Graced by Ambassador of Thailand to Qatar H E Sira Swangsilpa, and Lulu Hypermarket Regional Director Shaijan MO together with dignitaries from the Royal Thai Embassy in Doha, the Halal Thai Food Promotion launch aims to foster goodwill between the two countries and celebrate Thai culture and cuisine.
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Gas Monetisation a Strategic Focus as Libya Increases Exports to Europe

Libya has allocated USD 1.23 billion to develop the Hamada NC-7 concession in its latest budget, which was approved by Libya’s eastern-based parliament last month, according to a recent MEED report.

How PPP is Increasing Efficiencies Across Saudi’s Gigaprojects

UK legal firm Ashurst Senior Associates Jason Gouveia and Joanne McGuire discuss why concerns about whom ultimately bears the payment risk in a PPP arrangement becomes highly relevant in gigaprojects.

Must read

itel Makes a Grand Entrance with Brand Launch in Cairo

itel hosted its 2024 brand launch at the Egyptian Pyramids in Cairo promising to capture a good portion of the MENA telco market.

Pakistan’s Rice Exports Surge Thanks to India’s Export Restrictions

Rice exports from Pakistan surged 85.8%, reaching USD 2.5 billion within eight months, largely due to India’s self-imposed restrictions on its own shipments.
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Old Moroccan Tradition Heralds New Spring Orange Blossoms

A foreshadowing of paradise for some, Moroccan sisters get their distillation coppers brewing orange blossom teas and honey-laden pastries to welcome the Spring.

Turkmenistan Unravels the Ancient Culture & Agriculture of Anau

he Ancient Culture of Anau Conference, organized by the Institute of History and Archaeology of the Academy of Sciences, saw well-known historians, archaeologists, ethnographers, orientalists, eminent professors and young scientists convene from around the world in Turkmenistan this week.

UAE Economy Driven Largely by Non-Oil Growth

MEED Analyst John Bambridge says that the UAE has demonstrated remarkable economic resilience in recent years, with its non-oil sector bouncing back from Covid-19 and emerging as the real driving force behind the country’s growth.