Bloomberg Saudi Arabia plans to raise $17.5 billion in the biggest ever bond sale from an emerging-market nation, according to four people with knowledge of the offering, as it seeks to shore up finances. The government aims to sell dollar-denominated bonds due in five years yielding 135 basis points more than similar-maturity US Treasuries, 10-year notes at a spread …

  SHANGHAI / WAM Abu Dhabi and Shanghai will bolster economic co-operation in trade, investment and technology transfer, after the parties signed a Memorandum of Understanding (MoU). Khalifa bin Salem Al Mansouri, Acting Under-Secretary of ADDED, and Gen Shing Meng, Vice Secretary-General of Shanghai Government, witnessed the signing, and later discussed means of promoting economic and investment relations between Shanghai …

  DUBAI / WAM Dubai Electricity and Water Authority (DEWA) signed a Memorandum of Understanding (MoU), with Intel Corporation Middle East, to enhance cooperation, develop new initiatives, and enhance the happiness of stakeholders though the adoption and development of the latest technologies and business models. These include the Internet of Things (IoT), cloud computing, data centres, big data, artificial intelligence, …