ABU DHABI / WAM Jamal Saif Al Jarwan, Secretary-General of the UAE International Investors Council (UAEIIC), said that the UAE is one of the most important Arab countries investing in Malaysia, as many Emirati companies own stakes in various investment projects in Malaysia. Al Jarwan told the Emirates News Agency (WAM) that the UAEIIC is keen to explore prospects and ...

ABU DHABI / WAM Emirates Global Aluminium (EGA) and bp, on Tuesday signed a memorandum of understanding (MoU), intending to jointly explore opportunities and potential projects that could reduce the carbon intensity of EGA’s calcined petroleum coke supply. The MoU, which is non-binding and non-exclusive, was exchanged in Abu Dhabi between Abdulnasser bin Kalban, EGA’s Chief Executive Officer; and William Lin, ...

BLOOMBERG Investors are demanding a higher premium for US debt most at risk of default after yet another round of talks on the borrowing limit ended without a deal. Yields on four-week Treasury bills climbed 3.5 basis points on Tuesday, bringing their rise since the beginning of May to more than 60 basis points. The two-year Treasury yield increased 7 ...