Abu Dhabi / WAM The 24th World Energy Congress (WEC), kicked off in Abu Dhabi on Monday, gathering ministers, CEOs, policy-makers and industry practitioners from 150 countries to explore new energy futures, critical innovation areas, and new strategies. Under the theme “Energy for Prosperity”, the Energy Congress leads delegates through a four-day interactive programme designed to address the most critical ...

Bloomberg European Central Bank (ECB) President Mario Draghi will test the composure of global policy makers this week as he unleashes a barrage of stimulus to shore up economic growth. The monetary easing will probably feature the centerpiece of an interest-rate cut that widens the difference between borrowing costs in the euro area and elsewhere. That will potentially affect foreign ...

Bloomberg Citigroup Inc and Credit Suisse Group AG are expecting more African deals as governments sell assets and Ethiopia opens up. “Privatisation is a theme we see as becoming increasingly important given the fiscal pressures faced by many African governments,” Vikas Seth, the head of global emerging markets within investment banking and capital markets at Credit Suisse Group AG, said ...