Dubai / AFP Dubai-based port operator DP World said on Thursday it has acquired an additional 23.94 percent stake in South Korea’s Pusan NewPort Company, giving it a majority shareholding. The purchase from Samsung Corporation brings to 66.03 percent DP World’s stake in PNC, which operates the largest terminal at the port of Pusan, the company said in a ...

  DUBAI / WAM In a bid to strengthen its network of relations with various stakeholders and regional and international entities, the Ministry of Finance (MoF) received a delegation from Kuwait Capital Markets Authority on its premises in Dubai. The visit aimed to review the ministry’s experience in risk management and internal audit in government financial work. Faisal Al Mansouri, ...

  RIYADH / WAM Saudi Minister of Energy, Industry and Mineral Resources, Khalid bin Abdulaziz Al-Faleh, met Yemeni Minister of Electricity and Energy, Abdullah Al-Akwa’, and his accompanying delegation. According to the Saudi Press Agency, SPA, the meeting touched on means of boosting bilateral cooperation between Saudi Arabia and Yemen, and the mechanism for the implementation of bilateral connection between ...