The Maldives International Financial Centre, to be built in the Malian capital over the next five years, will have no corporate taxes or residency requirements and will also offer tax-free inheritance, MBS said in a statement. MBS, the family office…
The new round was led by Accel and New Enterprise Associates with participation from StepStone Group, Overmatch Ventures, Tru Arrow Partners and Valor Equity Partners. The Los Angeles-based startup specializes in advanced detection, monitoring, and communications solutions for the defense…
According to state-owned coal company Bukit Asam, which is building the plant in partnership with US firm Air Products and Chemicals, the plant is designed to process 6 million tonnes of low-grade coal to produce 1.4 tonnes of dimethyl ether…
The Austrian bank will acquire a 49% stake in Santander Bank Polska SA for €6.8 billion and fully take over the management of the Spanish lender’s assets in Poland for around €200 million, the two companies said on Monday. The…
This was reported by Bloomberg, citing sources familiar with the discussions. According to the publication, Shell has intensified internal consultations on the feasibility of the deal, but the final decision will depend on the further dynamics of BP’s quotes and…
PRIO will pay Equinor a total amount of up to $3.5 billion, including a maximum interest payment of $150 million. Equinor will continue to operate the Peregrino field until the deal is completed, after which PRIO will take over management.…
There was cautious optimism in Kyiv on Thursday morning as Ukrainians reacted to the news that a long-awaited natural resources agreement with the United States had finally been signed. While the details of the minerals deal are still being digested,…
More than six months after the story first broke, Russian President Vladimir Putin officially confirmed the presence of North Korean troops in Russia’s war against Ukraine. “We will always honor the Korean heroes who gave their lives for Russia, for…
As the United States continues to broker a peace deal between Russia and Ukraine, Kyiv recently accused China of deepening its involvement in Moscow’s invasion. The claims against Beijing add an extra dimension of geopolitical complexity to ongoing negotiations aimed…
Russian President Vladimir Putin has just announced a second unilateral ceasefire in as many days, but this new trend does not reflect a genuine desire for peace. On the contrary, Putin’s brazen new ceasefire gambit suggests a man emboldened by…