Dubai / WAM Dubai International Financial Centre (DIFC) on Saturday announced a sustained performance in the reinsurance sector. “The sector grew by 17.4 percent in 2019, representing the highest volume of premiums ever written in the market, further reinforcing the centre’s position as the leading reinsurance hub in the region,” DIFC said in a statement. The DIFC further confirmed that ...

Bloomberg Total SA’s liquefied natural gas project in Mozambique raised $15 billion of debt — about the same size as the African country’s economy — exceeding a funding target even as the virus pandemic threatens the global financial system. Energy companies have struggled over the past few months as prices of everything from oil to natural gas slumped with the ...

Bloomberg Massachusetts’s top law-enforcement officer is asking regulators to investigate the future of natural-gas utilities in the state as it fights climate change. Attorney General Maura Healey called on the Department of Public Utilities to examine what steps need to be taken as the state weans itself off fossil fuels to help meet its goal to eliminate greenhouse gas emissions ...