Nigeria’s state oil firm launches new ‘Nembe’ grade of crude

[ad_1] The new logo of the privatised Nigeria oil company is seen at the NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde/File Photo Acquire Licensing Rights…

Saudi Arabia may hold Arab Light price to Asia steady for Dec

[ad_1] A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Acquire Licensing Rights SINGAPORE, Nov 1 (Reuters) –…

Renault’s Ampere ambitions tested by choppy IPO, slow EV markets -sources

[ad_1] The logo of Renault is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo…

Italy’s Pirelli to make tyres in Saudi Arabia with Saudi wealth fund

[ad_1] [1/3]Tires are seen during the 150th anniversary celebration of Italian tyremaker Pirelli in Milan, Italy, January 28, 2022. REUTERS/Flavio Lo Scalzo/File Photo Acquire Licensing Rights ROME, Oct 26 (Reuters)…

German opposition to Saudi Eurofighter exports a ‘real problem’ – Airbus CEO

[ad_1] Spanish Air Force Eurofighter Typhoon fighter jets fly during an air policing mission over Baltics from the Siauliai air base, Lithuania September 12, 2023. REUTERS/Ints Kalnins/File Photo Acquire Licensing…

Saudi Arabia’s PIF wealth fund hires banks for debut sukuk -document

[ad_1] Oct 16 (Reuters) – Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has hired banks to arrange its debut dual-tranche U.S. dollar-denominated sukuk, a document showed on…

Saudi Arabia taps Moaath Alangari to lead Saudi business

[ad_1] NEW YORK/DUBAI, Oct 9 (Reuters) – Moelis & Co (MC.N) has hired a banker from Saudi National Bank’s investment banking arm to head its business in Saudi Arabia, a…

Saudi Arabia’s wealth fund launches electric vehicle infrastructure company

[ad_1] Oct 8 (Reuters) – Saudi Arabia’s Public Investment Fund (PIF) said on Sunday that it has partnered with the Saudi Electricity Company (SEC) (5110.SE) to launch an electric vehicle…

Breakingviews – Hong Kong spreads its wings, and its bets

[ad_1] HONG KONG, Feb 23 (Reuters Breakingviews) – For a sign that Hong Kong’s recovery is more than wishful thinking, look no further than the city’s Disneyland. Staffing up for…

First hydrogen train in Middle East to begin trials next week, Saudi energy minister says

[ad_1] Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks during 10th Arab-China Business Conference in Riyadh, Saudi Arabia, June 11, 2023. REUTERS/Ahmed Yosri/File Photo Acquire Licensing Rights…