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DREI conference to discuss post Covid-19 real estate challenges

Dubai / WAM The Dubai Real Estate Institute (DREI) in Dubai Land Department (DLD) is organising the first virtual real estate conference titled ‘Real Estate post-Covid-19 – Challenges and Solutions,’ in cooperation with a number of entities in Saudi Arabia. The conference, which will be held on August 23-24, will witness the participation of a group of real estate speakers ...

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China weighs bond issue to pay clean energy subsidies

Bloomberg Chinese officials are considering a proposal to sell bonds to pay renewable energy subsidies owed to developers, according to people familiar with the matter. Officials have reached out to renewable industry representatives for input on the plan, said the people, who asked not to be identified because the information isn’t public. State Grid Corp of China could be the ...

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Chevron posts worst loss in decades with more pain to come

Bloomberg US oil giant Chevron Corp posted its worst quarterly loss in at least three decades and warned that the global pandemic wreaking havoc upon energy markets may continue to drag on earnings. Chevron fully erased the value of its Venezuela operations from its books, amounting to $2.6 billion, after they were effectively frozen by US sanctions, and wrote down ...

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