Dubai / Emirates Business Etihad Credit Insurance (ECI), the UAE Federal export credit company, and SACE, the Italian export credit company (CDP Group), have signed a Memorandum of Understanding (MoU) to enhance business opportunities between the Unit-ed Arab Emirates and Italy, as part of the 6th meeting of the UAE-Italy Joint Economic Committee held in Rome, Italy. Under this MoU …

Bloomberg The world is growing more complacent about efforts to squeeze down the use of energy. That’s the signal coming from an International Energy Agency report (IEA), which found the smallest improvement in efficiency in a decade after demand for fuels of all kinds grew more strongly in 2017. The report is a blow to policymakers seeking to ratchet back …

Bloomberg MEG Energy Corp. rejected a C$3.05 billion ($2.34 billion) hostile takeover offer from Husky Energy Inc. and announced a plan to seek other buyers, kicking off a bidding war for its prized Canadian oil-sands assets. MEG announced its rejection of the offer, which it said undervalued the company. MEG is seeking to draw out other potential buyers who may …