Coral and Liquigas expansion opens the door to speculations and fake news
In the picture above: The Coral Oil Company Limited Board of Directors and Owners – From left to right Mr. Antonio Yammine, Mr. Edgar Yamin and Mr. Oscar Yamin “The truth behind the rise of a family business that supported the Lebanese energy sector in time of crisis” Despite the ongoing e
مساهمو الإثمار القابضة يوافقون على صفقة بيع الأصول الرئيسية في البحرين
قام مساهمو شركة الإثمار القابضة ش.م.ب. التي تتخذ من البحرين مقراً لها، بالموافقة على صفقة تتمثل في بيع بعض الأصول الرئيسية للشركة في البحرين لبنك السلام.
The Ever Forward Ship Stuck in the Chesapeake Bay
Nearly a year after the Ever Given cargo ship clogged up the Suez Canal, another Evergreen Marine Corp ship has become stuck — this time in Chesapeake Bay. Bloomberg reported that the ship, named Ever Forward, got stuck after moving off from the port of Baltimore on Sunday night. The ship had been
Binance gets its First Gulf Crypto License in Bahrain
The world’s largest cryptocurrency exchange Binance has been given a crypto-asset service provider license by Bahrain’s central bank, its first such license in the Gulf Cooperation Council (GCC), the company and the bank said on Tuesday.“The license from Bahrain is a milestone in o
Apple Supplier Foxconn in Talks to build Factory in Saudi Arabia
Foxconn Technology Group is in talks with Saudi Arabia about jointly building a $9 billion facility that could make microchips, electric-vehicle components and other electronicsSaudi Arabia is reviewing Foxconn’s offer to build a dual-line semiconductor contract manufacturing facility known as
Bentley to roll out one Electric Car Annually Starting 2025
Luxury carmaker Bentley unveiled plans to build a new electric model annually for five years from 2025 after its annual profit skyrocketed, as the British firm builds on parent Volkswagen’s push to broaden electric offerings.Bentley posted a profit of 389 million euros ($427.1 million) for 202
Allianz, Swiss Re join other Financial Firms in Turning from Russia
Allianz and Swiss Re said they were cutting back on Russian business as European financial institutions turn their backs on Russia.The German insurer and Swiss reinsurer join Deutsche Bank, Goldman Sachs and JPMorgan Chase which have exited Russia following its Feb. 24 invasion of Ukraine and subseq
These Companies are raising their Prices
The war in Ukraine has a drastic effect on the world economy. Prices are experiencing unprecedented increase due to the difficulty of getting access to raw material and fuel.