ABU DHABI / WAM Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has announced that it is the winning bidder to develop Uzbekistan’s first Public-Private Partnership (PPP), solar project under the International Finance Corporation’s Scaling Solar programme. Announced by the Ministry of Investments and Foreign Trade of Uzbekistan, Masdar tendered the lowest ...

ABU DHABI / WAM The capitalisation of UAE capital markets amounted to AED895.5 billion ($243.8 billion) by the end of the second third of October, up 5.6 percent as compared to early this year, according to figures revealed by the country’s two main bourses. The market value of listed public and private joint stock companies is projected to further increase ...

Bloomberg Saudi Aramco is pushing to complete its initial public offering (IPO) this year by relying more on local investors, after international money managers’ skepticism triggered a brief delay, people with knowledge of the matter said. The state-owned oil producer is considering making a formal announcement of the listing plan as soon as the next few weeks, according to the ...