• Philippines to enforce clean energy tariffs in 2014

     
     
    MANILA – The first power projects under the Philippines’ main incentive scheme for renewable energy should finally come online next year after a long regulatory struggle, an official said Wednesday.

    Solar-power plants of between three and five megawatts …

  • Biladi, IMI forge ties to further boost services


     
     
    JEDDAH – Biladi Advertising and Public Relations Agency – a member of Bilady Group – has signed recently an exclusive cooperation agreement with International Media Ideas (IMI) to provide mutual services for both parties in Saudi Arabia, United …

  • NCB secures ‘Best Islamic Project Finance Deal’ award


     
     
    The National Commercial Bank (NCB) was recently declared winner of the "Best Islamic Project Finance Deal 2013 Award" by Euromoney for being one of the main organizers and for its participation with major portion of the total finance …

  • Credit Suisse to buy Morgan Stanley’s wealth management arm

     
     
    ZURICH — Swiss banking giant Credit Suisse on Wednesday announced it will buy US bank Morgan Stanley’s wealth management businesses in Europe, the Middle East and Africa, excluding Switzerland.

    The assets under management are worth $13 billion (10.6 …