Search For "billion"
China’s biggest homebuilder ‘Country Garden’ on verge of financial collaps
Updated : 2 years, 6 months ago IST
As China's economy has slowed recently, the already slow real estate market has come to a complete halt, putting Country Garden, which has a total debt of over USD 187 billion, in peril.
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Borouge to distribute interim dividend of USD 650 million
Updated : 2 years, 6 months ago IST
Borouge Plc hosted a General Assembly meeting, where shareholders voted to approve an interim dividend of 650 million USD (AED2.38 billion) for the first half of 2023, equivalent to 7.9 fils per share
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"Questions raised by Rahul Gandhi relevant": KC Venugopal amid fresh alleg
Updated : 2 years, 6 months ago IST
On a day when Organised Crime and Corruption Reporting, a body funded by billionaire global investor George Soros, levelled fresh allegations against the Adani Group, Congress general secretary KC Venugopal on Thursday said the questions raised by Rahul Gandhi with regard to the "unaccounted
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Israel sees 23 per cent rise in natural gas revenue
Updated : 2 years, 6 months ago IST
Israel’s Energy and Infrastructure Ministry has received more than 11.7 billion shekels (USD 3.8 billion) of natural gas royalties to date, of which more than 1 billion shekels (USD 263 million) were received in the first half of 2023.
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Egypt plans to drill 45 exploratory gas wells in Mediterranean, Delta unti
Updated : 2 years, 6 months ago IST
The Egyptian government has announced a plan to drill 45 natural exploratory gas wells in the Mediterranean and the Nile Delta with USD 1.9 billion in investments until mid-2025, according to a Cabinet statement on Tuesday.
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Malaysia to allocate USD 430 million for energy transition
Updated : 2 years, 6 months ago IST
Malaysia will allocate 2 billion ringgit (USD 430 million) to a National Energy Transition Facility to enable catalytic blended finance
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MediaTek 'Catch-up with Tech' with Infinix Unveils Infinix Zero 30 5G Smar
Updated : 2 years, 6 months ago IST
New Delhi [India], August 30: MediaTek, a leading global fabless semiconductor company powering more than two billion connected devices every year, hosted ‘Catch-up with Tech’ in collaboration with Infinix on 28th August 2023 to share insightful and engaging conversations about the new-age s
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Swarna Aditya Gold Refinery and Resources Pvt Ltd welcomes new stakeholder
Updated : 2 years, 6 months ago IST
New Delhi [India], August 30: Swarna Aditya Gold Refinery and Resources Pvt Ltd, the company behind the largest e-waste management refinery in India is seeking to boost its e-waste management operations by opening its door to new investors in a forthcoming expansion. The invitation for new s
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4th phase of Mohammed bin Rashid Al Maktoum Solar Park to provide clean en
Updated : 2 years, 6 months ago IST
Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), inspected the work progress at the 950MW 4th phase of the Mohammed bin Rashid Al Maktoum Solar Park. This phase uses the Independent Power Producer (IPP) model with investments of up to AED 15.78 billion.
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EU trade balance back to a surplus of Euro 1 billion
Updated : 2 years, 6 months ago IST
In the second quarter of 2023, after six quarters of registering a deficit, the EU trade balance was back to a surplus level due to declining energy prices, according to a report published by Eurostat, the statistical office of the European Union.
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Kenya’s debt level reaches record high: Report
Updated : 2 years, 6 months ago IST
As per data, the total public debt of Kenya has risen by a record 10.8 billion US dollars to 70.75 billion US dollars, breaching the debt ceiling amount set in June 2022 by the parliament and exceeding the previous year's debt by more than 18 per cent.
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Innovative Lending and Risk Approach: How ScoreMe Leads the Way
Updated : 2 years, 6 months ago IST
New Delhi [India], August 29: India today has the third largest number of fintech’s globally after China and the US and the highest adoption rate at 87% as compared to a global average of 64%. There are net 700m users accessing the internet via mobile in India –estimated to reach 1.5 billion
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