ABU DHABI / WAM Emirates Steel, the leading integrated steel plant in the Middle East, has sealed a Memorandum of Understanding (MoU) with Mauritania’s Société Nationale Industrielle Et Minière (SNIM) to look into the feasibility of creating a joint venture company to produce iron oxide pellets. Under the 18-month agreement, signed by Saeed Ghumran Al Remeithi, Group CEO of ...

It’s been a study in contrasting leadership. On the one hand, Russian President Vladimir Putin is shown on state television giving orders to stony-faced officials, distant at the far end of a long table. On the other, Ukrainian leader Volodymyr Zelensky, in military fatigues on the streets of Kyiv, talks directly to his citizens (and to the world) impromptu via ...

Presenting the outlines of a proposed stock-market listing of Porsche, executives of parent company Volkswagen AG emphasized how the initial public offering, likely to be one of Europe’s largest ever, “benefits all stakeholders.” However, at Volkswagen, some stakeholders are more important than others. Though the complicated plan has some appeal for VW’s institutional investors, its most eye-catching feature is to ...