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Emirates Steel, Abu Dhabi Ports sign deal worth AED1 billion
|By Arabian Post Staff| UAE's integrated steel maker Emirates Steel, nd a subsidiary of the General Holding Corporation (SENAAT), has signed a strategic agreement with Abu Dhabi Marine Services (SAFEEN), a subsidiary of Abu Dhabi Ports, which has been valued at AED 1 billion.The agreement, which will be implemented in
Region
Trump's tough trade talk makes U.S. firms fear China retribution
By Nick Carey and Ginger Gibson | CHICAGO/WASHINGTON CHICAGO/WASHINGTON U.S. President-elect Donald Trump's challenges to China on trade and Taiwan are
Mashreq Bank Divests Majority Stake in NEOPAY for $385 Million
Mashreq Bank, a leading financial institution in the Middle East and North Africa (MENA) region, has completed the sale of a majority stake in its digital payments subsidiary, NEOPAY, for $385 million. The stake was acquired by a consortium comprising
OPEC sees market stability in 2017, Venezuela aims for $70 price
CARACAS OPEC Secretary-General Mohammed Barkindo forecast on Monday that stability would return to oil markets this year while price hawk Venezuela said it hoped its crude basket would rise to $70 in coming months. The head of the Organization of
