The Saudi Arabian General Investment Authority (SAGIA) has reportedly announced massive investments worth USD 4.4 billion (approximately SR16.5 billion) in the Kingdom’s construction and real estate industry. Reports affirm that the declaration has come on the heels of advancing economic reforms in the region. Sources …
Specialty and advanced chemicals manufacturer Air Liquide Advanced Materials Inc. has reportedly inaugurated a new specialty chemical manufacturing plant in Upper Mount Bethel, Pennsylvania. As per trusted sources, the new facility adds approximately 105,000 square feet of production space to the existing operation of Air …
After identifying Tata Sponge Iron Ltd., as a strategic vehicle to acquire the Usha Martin steel business, Tata Steel has recently unveiled its plan to not directly house the acquisition of the unit, but through its subsidiary. Sources cite that the board of Tata Sponge …
The flagship firm of the globally renowned JSW Group, JSW Steel Ltd., has reportedly hit the headlines for its proposed acquisition of a part of DMMPL. If sources are to be believed, the steel manufacturer made an announcement that it has purchased an approximate 60.004% …
Singapore has reportedly launched Infrastructure Asia, a government agency to back its infrastructural ventures throughout Asia that require billions of dollars in funding and need to be made more appealing to private investors and financial institutions. As per trusted sources, the global financial hub’s announcement …
Enel Green Power Brasil Participacoes (EGPB) has begun constructing a 475 megawatt (MW) solar power facility in Brazil. The Enel Group, parent company of EGPB, recently said in a statement that it would be investing an amount of $390 million in the project. Apparently, the …