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Iran’s National Petrochemical plans new GTP plantState-owned National Petrochemical Company (NPC), a subsidiary to the Iranian Petroleum Ministry, plans to build a gas-to-propylene (GTP) plant through joint investment with a European bank, a senior official said in a report. The More… |
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Iran’s National Petrochemical plans new GTP plantState-owned National Petrochemical Company (NPC), a subsidiary to the Iranian Petroleum Ministry, plans to build a gas-to-propylene (GTP) plant through joint investment with a European bank, a senior official said in a report. The More… |
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Oil prices dip ahead of EU bond buying planOil prices dipped early on Thursday ahead of the expected announcement of a bond-buying programme by the European Central Bank (ECB) later in the day that could push the dollar to new highs and put downward pressure on commodities. More… |
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EU bank, IDB unit to launch $120m fundThe European Bank for Reconstruction and Development (EBRD) and the private sector arm of the Islamic Development Bank (IDB) will launch a $120 million fund to support small businesses in the southern and eastern Mediterranean region. More… |
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SocGen plans $300m sukuk in MalaysiaSociete Generale will launch a 1 billion ringgit ($300 million) Islamic bond programme in Malaysia, two sources familiar with the deal told Reuters, becoming the second major European bank to issue sukuk and the first to do so in Asia. More… |
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Gold falls below $1,600 after Cyprus rescueGold fell on Tuesday as safe-haven demand ebbed after Cyprus clinched a last-ditch rescue deal, while the European Central Bank worked to allay anxiety that the bailout could have negative implications for other euro zone states. More… |
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SocGen wins best ME banker awardSociete Generale, one of the largest European financial services groups, has been voted best private bank in the region by the Banker Middle East magazine following online votes received from a thousand readers. This is the third award won More… |
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European banks eyeing Saad Swiss unit assetsEurope's banks are examining ways to reclaim funds from Saudi Arabia's Saad Group, and may take control of its Swiss subsidiary, Saad Investments, a source familiar with the situation said. 'Lenders are looking at their options More… |
