NEWS / LASO
NEWS / LASO
Experience with some Companies !
Experience with some Companies !
Russia-Kaspersky $ 750 million
LasoNews2024-08-17T10:44:23+02:00June 21st, 2024|Russia|
Who is kaspersky ?Kaspersky demonstrated strong performance in 2023, marked by an 11-percent* growth in the company’s net sales bookings. This increase was primarily driven by robust sales of the company’s B2B product portfolio, which rose by 24% year-on-year (YOY). [...]
Tunisia € 450 million
LasoNews2024-08-15T23:25:18+02:00June 21st, 2024|Tunisia|
Who is EIB ?The €170 million Tunisia Economic Recovery credit line will back micro, small and medium-sized enterprises. This financing goes hand in hand with an €8 million EU grant.A €210 million loan has been granted to create a dual carriageway between Sfax [...]
Russia-Kaspersky $ 750 million
LasoNews2024-08-17T10:44:23+02:00June 21st, 2024|Russia|
Who is kaspersky ?Kaspersky demonstrated strong performance in 2023, marked by an 11-percent* growth in the company’s net sales bookings. This increase was primarily driven by robust sales of the company’s B2B product portfolio, which rose by 24% year-on-year (YOY). [...]
Tunisia € 450 million
LasoNews2024-08-15T23:25:18+02:00June 21st, 2024|Tunisia|
Who is EIB ?The €170 million Tunisia Economic Recovery credit line will back micro, small and medium-sized enterprises. This financing goes hand in hand with an €8 million EU grant.A €210 million loan has been granted to create a dual carriageway between Sfax [...]
In Other News
In Other News
Korea-Africa $ 14 billion
LasoNews2024-08-15T23:26:02+02:00June 6th, 2024|South Korea|
Korea and Africa Development ?Representatives from 48 African nations are attending the first-ever Korea-Africa summit. The 2-day talks which opened on Tuesday (Jun. 3) are expected to focus on trade, technology and investment.South Korean officials say expanding ties in the [...]
Philippines $ 133 million export
LasoNews2024-08-15T23:26:34+02:00March 26th, 2024|Philippines|
Philipinnes food export !FOOD Philippines, the country’s collective food promotions program, capped its Gulfood participation yielding USD 133 million in export sales, double the total sales it generated from its 2023 participation.The amount is a combination of booked orders and [...]
El Salvador $ 100 million
LasoNews2024-08-15T23:27:12+02:00March 4th, 2024|El Salvador|
El Salvador futur investment !An investment of $100 million will be made this year by Grupo Ternova, an investment of national capital in a partnership with foreign capital, consisting of a logistics park that will be developed through its business [...]
Bangladesh $ 22 billion
LasoNews2024-08-15T23:27:39+02:00March 3rd, 2024|Bangladesh|
How is the business with Bangladesh ?With over US$22 billion financing approved to date, we proudly serve as a vital developmental partner of Bangladesh, Eng. Sonbol commented during his meeting with H.E. Sheikh Hasina Wazed, MP, Prime Minister of the [...]
Hong Kong-Macao $ 1 trillion
LasoNews2024-08-15T23:28:28+02:00February 22nd, 2024|Macao|
How is the business between Hong Kong and Macao ? February 18 marks the fifth anniversary of the unveiling of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Development Plan. Over the past five years, cities in the Greater Bay Area have [...]
Uzbekistan $ 1 Billion
LasoNews2024-08-15T23:30:21+02:00February 21st, 2024|Uzbekistan|
How is the industries in Uzbekistan ? Welcoming Saidov, the President emphasized Kazakhstan’s readiness to continue supporting Uzbekistan’s initiatives for the welfare and prosperity of the peoples of the region.During the meeting, the sides discussed prospects for expanding trade and economic [...]
Ivory Coast $ 300 million
LasoNews2024-08-15T23:31:08+02:00January 28th, 2024|Ivory Coast|
Ivory Development The World Bank announced today a significant operation of $300 million for Côte d’Ivoire to accelerate the country’s economic growth. The reforms supported by this budget support financing, the second in a series of three, aligns with Côte d'Ivoire's [...]
Iran $ 54.6 billion export
LasoNews2024-08-15T23:31:51+02:00December 27th, 2023|Iran|
Iran exportation The head of the Customs Organization of Iran says the country’s non-oil exports hit 54.6 billion dollars in the first half of the Persian year of 1402, starting on March 21, 2023.Mohammad Rezvanifar told Fars News that the figure [...]
Kazakhstan $ 217 million investment
LasoNews2024-08-15T23:32:21+02:00December 27th, 2023|Kazakhstan|
Investment in Kazastan Oil and gas productionIn January-November, oil and gas condensate production reached 82.2 million tons, an 8% increase compared to the previous year. Gas production rose by 12% to 53.8 billion cubic meters, with commercial gas production increasing by [...]
Cuba $ 1 billion Investment
LasoNews2024-08-15T23:33:17+02:00December 13th, 2023|Cuba|
Investment in Cuba ?Cuba’s private sector now employs over 1.6 million people, more than the state, according to an analysis by Juan Triana, an economist with the Center for the Study of the Cuban Economy, based at the University of Havana. [...]
Chile $ 16 billion investment
LasoNews2024-08-15T23:33:40+02:00December 11th, 2023|Chile|
Investment in Chile ?According to an analysis conducted by InvestChile, foreign investment inflows to the country in September alone reached US$1.50 billion.This morning, Chile’s Central Bank released foreign direct investment (FDI) data for January-September 2023, with total inflows reaching US$16.0 [...]
Microsoft $ 3,2 billion Australia
LasoNews2024-08-15T23:34:14+02:00November 27th, 2023|Australia|
Microsoft $3,2 billion investment SYDNEY — Microsoft announced Tuesday a Aus$5 billion ($3.2 billion) investment in Australia focused on cloud computing and artificial intelligence, saying it would boost the country's economy and cyber defences.Details of the deal were outlined by bosses [...]
Egypt deal $ 3,2 billion aircraft
LasoNews2024-08-15T23:34:38+02:00November 27th, 2023|Egypt|
Dubai airshow DUBAI — European aerospace giant Airbus announced an order for 10 A350-900 planes by Egypt's state-owned carrier EgyptAir on Tuesday, the second day of the Dubai Airshow.Airbus commercial director Christian Scherer told a news conference the deal marked "an [...]
Price Smart Colombia $ 32 million
LasoNews2024-08-15T23:35:22+02:00October 25th, 2023|Colombia|
Who is Price Smart ?US big box retailer PriceSmart, Inc. (NASDAQ: PSMT) last month opened its second location in Medellín within the neighborhood of El Poblado.The new large location, which has a 3,288-square-meter sales floor and a parking lot with 283 spaces, [...]
Rauva Portugal $ 30 million
LasoNews2024-08-15T23:35:58+02:00October 25th, 2023|Portugal|
Who is Rauva ?Rauva, the Portuguese digital bank startup using a super-app that enables people to open businesses and offers an online account with debit card, virtual cards, direct debit and payments, has agreed to buy Montepio Crédito for around €30 [...]
Saudi Iron & Steel $ 3.3 Billion
LasoNews2024-08-15T23:36:24+02:00September 13th, 2023|Saudia Arabia|
3.3 Billion sale of Saudi Iron & Steel !Saudi Arabia’s sovereign wealth fund has created a national champion for the steel industry, while exiting the Kingdom’s leading distributor of liquefied petroleum gas (LPG), National Gas and Industrialization Company (GASCO).PIF is [...]
Bioscience & Novavax $ 84.5 million
LasoNews2024-08-15T23:36:57+02:00September 13th, 2023|South Korea|
Milbank LLP represented SK bioscience Co. Ltd.Milbank LLP represented SK bioscience Co. Ltd. in its US$84.5 million equity investment in Novavax Inc., a deal that provides SK bioscience 6.5 million shares in the US vaccine maker.Separately, Novavax extended its technology [...]
African Pioneer Group’s R800 million
LasoNews2024-08-15T23:37:23+02:00September 12th, 2023|South Africa|
Who is African Pioneer Group?The African Pioneer Group was founded in 1990 as a black-owned business and has grown exceptionally over the last three decades. The Group has vast experience in initiating, developing, and maintaining strong and profitable relationships with [...]
Capex oil $197 million
LasoNews2024-08-15T23:38:12+02:00August 27th, 2023|Argentina|
Who is Capex oil Argentina ?Cleary Gottlieb represented Citigroup Global Markets Inc. and Santander US Capital Markets LLC, as dealer managers, in Capex’s offer to exchange any and all of its outstanding 6.875% notes due 2024 for newly issued 9.250% [...]
Vietnam Sunergy $41 million
LasoNews2024-08-15T23:38:34+02:00August 27th, 2023|Vietnam|
Who is Vietnam Sunergy ?Vietnam Sunergy Cell Company Limited (dba TOYO) and Blue World Acquisition today announced that they have entered into a definitive business combination agreement. The target is a solar solution company.If approved, TOYO would list on the [...]
Sonatrach $50 billion
LasoNews2024-08-15T23:39:02+02:00August 19th, 2023|Algeria|
Who is Sonatrach ?In the 2021 budget, presented yesterday by the national oil company, it appears that the company exported hydrocarbons for a value of 35,4 billion dollars, against 20,2 billion dollars in 2020. The average price of the Algerian [...]
Adnoc $3,6 billion contract
LasoNews2024-08-15T23:39:25+02:00August 17th, 2023|Dubai|
Who is Tecnicas Reunidas ?The United Arab Emirates' ADNOC Gas on Wednesday said it awarded a $3.6 billion contract to expand its gas processing infrastructure, including the commissioning of new processing facilities.The contract was awarded to a joint venture between [...]
Black Rock & Climate $2 billion
LasoNews2024-08-15T23:39:47+02:00August 14th, 2023|New Zeland|
Black rock climate investmentNew Zealand said Tuesday it is partnering with BlackRock to create a climate investment fund, aiming to speed the way to 100 percent renewable electricity by 2030.The fund is to seek NZ$2 billion (US$1.2 billion) from state [...]
Beltone & Egypt EGP10 billion
LasoNews2024-08-15T23:40:44+02:00August 6th, 2023|Egypt|
Beltone raises largest capital increase in Egyptian stock exchangeBeltone Financial Holding, one of the fastest-growing investment banks in Egypt, announced on Wednesday that it has successfully closed the largest capital increase in the history of the Egyptian Stock Exchange (EGX). [...]
Flydubai in kenya $327 million
LasoNews2024-08-15T23:41:07+02:00August 6th, 2023|Kenya|
Flydubai direct service to MombasaKenya has allowed Dubai-based carrier flydubai to fly directly to Mombasa, as the country’s transport ministry implements an Open Skies policy.The ministry also allowed Ethiopian Airlines to fly twice directly into Mombasa every week, which is [...]
Djibouti project $155 million
LasoNews2024-08-15T23:41:36+02:00July 25th, 2023|Djibouti|
Who is Great Horn Investment HoldingGreat Horn Investment Holding announces the closing of $155 million strategic loan backed by Afreximbank and Banque pour le Commerce et l'Industrie Mer Rouge (BCIMR) of Djibouti.Djibouti, 16 July 2023: - The African Export-Import Bank [...]
Kuwait US$ 335.8 million
LasoNews2024-08-15T23:42:00+02:00July 25th, 2023|Kuwait|
Who is KIPCO (Kuwait Projects Company Holding) ? KIPCO – Kuwait Projects Company (Holding) – announced the successful completion of its first Sukuk issuance of KD 103.1 million (US$ 335.8 million). This issuance is the first ever KD denominated Sukuk [...]
US$500 Million Green Bond
LasoNews2024-08-15T23:42:46+02:00July 5th, 2023|Dubai|
Commercial Bank of Dubai Global law firm White & Case has provided legal counsel to HSBC and Standard Chartered Bank as global coordinators, along with Citigroup, Emirates NBD, First Abu Dhabi Bank, J.P. Morgan, and NATIXIS as joint lead managers, [...]
Sibanye Stillwater $150 million
LasoNews2024-08-15T23:44:28+02:00May 30th, 2023|South Africa|
Who is Sibanye-Stillwater in South Africa ? About Sibanye-StillwaterSibanye-Stillwater is a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents. The Group is also one of the foremost global recyclers of [...]
Gates Completes $304 Million
LasoNews2024-08-15T23:42:24+02:00July 5th, 2023|U.s.a|
Who is Gates ? Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse replacement channel customers, and to original equipment ("first-fit") manufacturers as specified components. [...]
Simandou project Guinea’s $15 Billion
LasoNews2024-08-15T23:45:08+02:00January 23rd, 2023|Guinea|
The Simandou project !The Simandou project involves the exploitation of four world class iron ore blocks in the southern region of Guinea, as well as the construction and operation of a 600km main railway line (and connecting spur lines) to [...]
UniSuper 13.2ha for $105 million
LasoNews2024-08-15T23:45:36+02:00January 23rd, 2023|Australia|
Who is UniSuper’s ?Richmond Bridge has secured a $105 million logistics development site in Yarraville, in inner-western Melbourne, that the investment manager said was a sign of well-priced opportunities increasingly coming to market for cash-flush buyers.Founder and chief investment officer [...]
3 Río King farms $32 million
LasoNews2024-08-16T18:45:26+02:00November 19th, 2022|Chile|
Who is Río King farms ? Río King farms brings the best fresh fruit produced in the exceptional valleys of Chile to different markets around the world.Carey has assisted Agroveen Agricultural, a Nuveen (TIAA) company, an agricultural asset management [...]
AD Ports buys Spanish $681 million
LasoNews2024-08-15T23:46:37+02:00November 19th, 2022|Abu Dhabi|
Who is Abu Dhabi’s AD Ports ?Abu Dhabi Ports expanding globally with purchase of Spanish logistics firmAbu Dhabi Ports Group has purchased Spanish logistics firm Noatum for $680m, its second acquisition this month as it looks to expand globally.For the [...]
Iguatemi malls raises $140 million
LasoNews2024-08-15T23:47:17+02:00October 15th, 2022|Brazil|
Who is Iguatemi Group's ?With 17 shopping malls (including five under construction) located in nine Brazilian cities, the Iguatemi group is now the leader in the development of luxury fashion shopping centers in Brazil. After creating the first shopping center [...]
AD Ports Group’s $140 million
LasoNews2024-08-15T23:47:52+02:00September 24th, 2022|Abu Dhabi|
Who is AD Port's Group's ?AD Ports Group completed the acquisition of a 70 percent equity stake in Transmar International Shipping Company (“Transmar”) and Transcargo International S.A.E. (“TCI”).The total purchase consideration (Enterprise Value) for 70% shareholding amounts to AED 514 [...]
Solar Project $234 million
LasoNews2024-08-15T23:48:27+02:00September 24th, 2022|South Africa|
Who is Sola Group in South Africa ! Independent power producer Sola Group and renewable energy investment company African Rainbow Energy have reached the financial close on 200 MW solar power projects in South Africa. The two 100 MW solar [...]
Russia $97 billion exportation
LasoNews2024-08-15T23:49:06+02:00August 27th, 2022|Russia|
China and Russia cooperation ! China continues to boost Russia’s war chest with surging purchases of energy resources as other countries shun Russian goods over its invasion of Ukraine, Bloomberg reported Monday.Between March and July, China spent $35 billion on Russian oil, [...]
Japan and Tunisia $2.7 billion
LasoNews2024-08-15T23:50:52+02:00August 27th, 2022|Japan|
Japan and Tunisia 80 Projects ! African heads of state and a Japanese delegaton have met in the Tunisian capital Tunis for talks on promoting "African-led" development.Tunisian President Kais Saied welcomed visitors to the 8th Tokyo International Conference on African Development [...]
SPI Holding Thailand $3.3 billion
LasoNews2024-08-15T23:51:24+02:00August 13th, 2022|Thailand|
Who is Saha Pathana Inter Holding (SPI) ?Saha Pathana Inter-Holding Public Company Limited (Saha Group), a leading company in the business of consumer goods, food and beverage and industrial park development executed the acquisition of approximately 41.81 percent of the total [...]
Masdar Azerbaijan $114.2 million
LasoNews2024-08-15T23:51:50+02:00August 13th, 2022|Azerbaijan|
How much cost the Photovoltaic solar power project ?The 230 MW photovoltaic solar power project in Alat, Azerbaijan was developed by leading renewable energy company, Masdar. The lender consortium committed long-term financing of USD 114.2 million.The project marks the first [...]
Dubai Real Estate $5.7 billion
LasoNews2024-08-15T23:52:15+02:00August 13th, 2022|Dubai|
What is the cost of buying House in Dubai ?Top searched areas for real estate sales include Dubai Marina, Downtown Dubai, Business Bay, Palm Jumeirah, Jumeirah Village Circle, and Jumeirah Lake TowersDubai’s real estate market saw a total sales transactions volume worth [...]
Aqaba development $400 million
LasoNews2024-08-15T23:52:44+02:00July 23rd, 2022|Jordan|
Who is Orbit aluminium industries ?The Aqaba Development Corporation (ADC) and Orbit Aluminum Industries on Wednesday signed a $175-million agreement, to establish an aluminum rolling mill in the Aqaba Special Economic Zone Authority (ASEZA).The aluminum rolling mill will be “the [...]
Uzbekistan’s top trade
LasoNews2024-08-15T23:53:10+02:00July 21st, 2022|Uzbekistan|
Uzbekistan top trade !The State Statistics Committee has provided data on countries with the highest share in Uzbekistan’s exports.According to the committee, China topped the list in January-June 2022 with $1.3 billion, closely followed by Russia - $1.2 billion and [...]
Kazakhstan $25 billion wheat
LasoNews2024-08-15T23:55:10+02:00July 21st, 2022|Kazakhstan|
Kazakhstan and QaztradeThe trade turnover of non-primary goods of Kazakhstan in January – May this year reached $25.3 billion, which is 20.4 percent higher than in the same period of the previous year ($21.0 billion), reported [...]
Arab league in Brazil $20 billion
LasoNews2024-08-15T23:56:02+02:00July 14th, 2022|Brazil|
ARAB LEAGUE IN BRAZILBrazilian President Jair Bolsonaro Monday announced that the total investments of Arab funds in Brazil are approaching US$20 billion, half of that money stemming from the country’s recent participation at the Expo [...]
Qatar’s gaz & Shell $29 billion
LasoNews2024-08-15T23:57:23+02:00July 8th, 2022|Qatar|
QATAR GAZ PROJECT AND SHELLShell joined Qatar Energy's $29 billion project to expand production at the world's biggest natural gas field on Tuesday, becoming the fifth and final international partner.The British-based company took a 6.25 per cent stake for an [...]
Bahrain Nogaholding $2.2 billion
LasoNews2024-08-15T23:57:54+02:00June 20th, 2022|Bahrain|
NOGAHOLDINGLinklaters advised Bahrain’s state oil company on the deal.The Oil and Gas Holding Company B.S.C. announced its first sustainability-linked loan, a refinancing and upsizing of its US$1.6 billion Murabaha Facility to US$2.2 billion.he new facility was structured as a dual-tranche [...]
$1.9 Billion to build Delta expressway
LasoNews2024-08-15T23:58:29+02:00June 16th, 2022|Vietnam|
Delta expressway VietnamHÀ NỘI — The National Assembly on Thursday agreed to spend nearly VNĐ45 trillion (US$1.9 billion) building more than 188 kilometres of highway in the Mekong Delta.On the last day of their third sitting in Hà Nội, legislators [...]
Yuexiu Transport RMB5 Billion
LasoNews2024-08-15T23:58:57+02:00June 15th, 2022|China|
WHO IS YUEXIU TRANSPORT INFRASTRUCTURE LTD?Yuexiu Transport Infrastructure Limited and its subsidiaries are principally engaged in investment and operation management of toll expressways、bridges and ports in Guangdong Province and other high growth provinces in the People's Republic of China (“PRC”), [...]
Argentina $90 Billion exports
LasoNews2024-08-16T00:00:10+02:00June 12th, 2022|Argentina|
ARGENTINA EXPECTS RECORDArgentina's government expects record export levels this year as the country benefits from rising commodity prices.The country’s economy is expected to export US$90 billion in goods this year, according to a senior government official who asked not to [...]
Morocco tourism rises $1.5 Billion
LasoNews2024-08-16T00:24:36+02:00June 8th, 2022|Morocco|
MOROCCO TOURISMMorocco’s tourism revenues have risen to MAD 14.62 billion ($1.5 billion) during the month of April, more than double the total of MAD 6.54 billion ($668 million) during the same period in 2021.Yet, the current boom still leaves Morocco’s tourism sector [...]
Novobanco investment hotels €34 Million
LasoNews2024-08-16T00:25:03+02:00June 4th, 2022|Portugal|
WHO IS NOVOBANCO ?Novobanco, through one of its pension funds, has bought two hotels in Tróia from Sonae Capital, in a deal that closed for about €34 million, ECO knows. The company had already announced last week the sale of [...]
Uruguay Frutura Has Bought Citricola Saltena
LasoNews2024-08-17T10:38:21+02:00March 18th, 2022|Uruguay|
WHO IS FRUTURA ?The international produce company Frutura has bought over the Uruguay-based Citrícola Salteña, a leading global supplier and marketer of high-quality citrus and juice.The new company will now be rebranded Frutura Uruguay and will seek to position itself [...]
Indonesia Tech $40 MiIlion MDI Ventures – Zenius
LasoNews2024-08-16T00:25:23+02:00March 17th, 2022|Indonesia|
EDUCATION PLATEFORM ZENIUSTechnology-based education platform Zenius said on Tuesday it had secured funding from MDI Ventures, a subsidiary of state-owned telecommunicationscompany Telkom, bringing its total funds raised to more than US$40 million. Also participating are existing investors, including Northstar Group, Alpha JWC andOpenspace [...]
Bolivia increase gas output $260 MiIlion
LasoNews2024-08-16T00:25:43+02:00February 23rd, 2022|Bolivia|
WHO IS MARGARITA 10 ?Bolivia's Deputy Minister of Exploration and Exploitation Daniel Mayta Jiménez Tuesday said that following the discovery of the Margarita 10 well and in a move to foster investment and encourage production, the Hydrocarbons Law 3058 -enacted [...]
ROSNEFT $11.7 MILLIARDS 2021
LasoNews2024-08-16T00:26:05+02:00February 21st, 2022|Russia|
ROSNEFTFinancial results for 4Q and 12M 2021Net income of RUB 883 bln was the highest on record in the Company’s history, having increased by more than six times as compared to 2020.EBITDA for 2021 of RUB 2,330 bln was at [...]
Berjaya Food BHD RM 38.9 Million
LasoNews2024-08-16T00:27:01+02:00February 11th, 2022|Malaysia|
How is Bejaya Food MalaysiaBerjaya Food Bhd’s net profit more than tripled to RM38.88 million for the second quarter ended Dec 31, 2021 (2QFY22), from RM11.12 million a year prior, on the back of a higher revenue, coupled with an [...]
ExxonMobil $23 billion
LasoNews2024-08-16T00:27:21+02:00February 10th, 2022|U.s.a|
Exxon MobilExxonMobil reported a profitable fourth-quarter on Tuesday to conclude a strong comeback year in 2021 on higher oil prices amid recovering energy demand.The oil company reported annual profits of $23 billion last year compared with a loss of $22.4 [...]
Japan ¥400 billion sales game
LasoNews2024-08-16T00:27:40+02:00February 8th, 2022|Japan|
Nintendo CoJapan’s Nintendo Co. said Thursday that cumulative sales of its Nintendo Switch video game console have surpassed the 100-million-unit milestone, reaching 103.54 million units.In addition to the continued robust sales since the console was released in March 2017, the [...]
Adnoc 2 Trillion raw gas
LasoNews2024-08-16T00:28:05+02:00February 3rd, 2022|Abu Dhabi|
Abu Dhabi Adnoc major offshore discovery of natural gas!Who is Adnoc ?Al Dhafra PetroleumAl Yasat PetroleumADNOC DrillingADNOC OffshoreADNOC OnshoreADNOC Sour GasADNOC DistributionADNOC Gas ProcessingADNOC Global TradingADNOC Industrial GasesADNOC LNGADNOC Logistics and ServicesADNOC RefiningADNOC TradingBorougeFertiglobeHydrogenPipelinesTA’ZIZUAE oil firm ADNOC (ADNOC.UL) announced on [...]
Africa Sub Saharan $100 million
LasoNews2024-08-15T23:16:23+02:00February 3rd, 2022|Africa Sub Saharan|
A Swap Transaction Baker McKenzie advised Bank One Limited on the deal. Bank One Limited as arranger and swap provider in connection with a USD 100 million USD/local currency swap transaction with a central bank in sub-Saharan Africa (with up to USD [...]
Cleanairtech Sudamérica $152 million
LasoNews2024-08-15T23:16:00+02:00January 31st, 2022|Chile|
Cleanairtech Sudamérica (Chile) Cuatrecasas has advised Cleanairtech Sudamérica S.A., a subsidiary of the Compañía Minera del Pacífico (CAP) Group, on the refinancing with international banks of an existing loan and a new syndicated loan for USD 152 million, maturing [...]
Canadian Truck Company $2.09 billion revenue
LasoNews2024-08-15T23:14:50+02:00January 28th, 2022|canada|
How much revenue generate TFI International Montreal - Ottawa etc.. ? – Record Q3 results and strong profitability driven by all four business segments – – TForce Freight makes strong early contribution with significant synergy and operational upside still [...]
Singapore Grand Prix $1,5 billion
LasoNews2024-08-15T23:14:25+02:00January 28th, 2022|Singapore|
How much generate the Singapore Grand Prix ? The race has generated more than S$1.5 billion in incremental tourism receipts and drawn more than 550,000 unique international visitors to Singapore since its debut, according to organisers. Singapore Grand Prix [...]
BHP Group Australia $221 billion, “The Big Australian”
LasoNews2024-08-15T23:14:00+02:00January 21st, 2022|Australia|
Who is BHP Group Limited ? BHP Group Limited are : Exploration, development and production of oil and gas; Mining of iron ore, metallurgical coal and energy coal, copper, silver, zinc, molybdenum, uranium and gold. Mega-miner BHP is leaving [...]
NFL $15 Billion Revenue Year
LasoNews2024-08-15T23:13:40+02:00January 16th, 2022|U.s.a|
The National League ( NFL) is the most profitable sports league globally, in more than $15 billion in revenue during a typical year — or about 2x as much as the National Basketball Association (NBA). Here’s a look at [...]
Power India $414 Million
LasoNews2024-08-15T13:27:56+02:00November 4th, 2021|India|
Azure Power Global Limited (NYSE: AZRE), leading independent renewable power producer in India, issued a Senior Notes of US$414,000,000, through its wholly owned subsidiary, Azure Power Energy Ltd. The Bond, maturing in 2026, will be issued at a coupon of 3.575%. Azure Power [...]
Saudi Aramco’s $1 Billion
LasoNews2024-08-15T13:26:19+02:00November 4th, 2021|Saudia Arabia|
Saudi Aramco’s $1 Billion Tanajib Cogeneration and Desalination Plant ProjectWhite & Case and the Law Office of Megren M. Al-Shaalan (LOMAS) have advised the Saudi Arabian Oil Company on the project.The plant will be located in Tanajib, in the Eastern [...]
Orascom construction Egypt
LasoNews2024-08-15T13:25:29+02:00May 5th, 2021|Egypt|
ORASCOM CONSTRUCTION ADDS USD 650 MILLION TO ITS BACKLOG IN Q1 2021Orascom Construction PLC (NASDAQ Dubai: OC; EGX: ORAS) announces that it has added USD 650 million of new awards to its backlog in Q1 2021. These new awards mark [...]
Denis Sverdlov Scores $10Bln
LasoNews2024-08-15T13:25:55+02:00May 5th, 2021|Russia|
Former Russian Government Official Denis Sverdlov Scores $10Bln With Electric Vehicle StartupThe tech entrepreneur and former deputy minister hopes his electric truck-maker Arrival can become the McDonald’s of the green transport revolution.Denis Sverdlov emerged as the latest Russian tech billionaire [...]
WILMAR net profit $450.2m
LasoNews2024-08-15T13:24:49+02:00May 3rd, 2021|Singapore|
Wilmar net profit doubles to a record-breaking US$450.2mAll of the food processing firm's core business segments grew in the first quarter.Wilmar International had a record breaking net profit of US$450.2m for the first quarter, the highest since it was listed [...]
Qatar looks beyond World Cup
LasoNews2024-08-17T10:42:49+02:00May 2nd, 2021|Qatar|
Qatar looks beyond World Cup 2022The recent agreement signed between Qatar Petroleum (QP), Singapore-based LNT Marine, the American Bureau of Shipping (ABS) and Shanghai Waigaoqiao Shipbuilding (SWS) for liquefied natural gas (LNG) carrier designs is the latest sign of a [...]
Paraguay and Korean Investment
LasoNews2024-08-15T13:23:08+02:00May 2nd, 2021|Paraguay|
Paraguay and South Korean finalize details for joint electric carParaguay's Minister of Industry and Commerce (MIC) Luis Alberto Castiglioni Friday discussed with South Korean Ambassador To Asunción In Shik Woo the establishment of an Auto Parts Technology Center for electric [...]
Boohoo buys 3 fashion brands
LasoNews2024-08-15T13:22:30+02:00May 1st, 2021|London|
LONDON -- British online fashion retailer Boohoo has bought three clothing brands owned by the collapsed Arcadia retail group for 25.2 million pounds ($34.5 million).Boohoo bought the inventory and online businesses of the Arcadia brands - Dorothy Perkins, Wallis and [...]
UAE’s Agthia buys bakery major to quadruple business in Kuwait
LasoNews2024-08-15T13:20:47+02:00April 28th, 2021|Kuwait|
Agthia Group, a Abu Dhabi-based food and beverages major, on Thursday announced that it has successfully completed its transaction to acquire Al Faysal Bakery and Sweets, one of Kuwait’s leading industrial bakeries.Agthia said the completion of the deal strengthens its [...]
Swire Pacific and Sino Ocean
LasoNews2024-08-15T13:18:11+02:00February 17th, 2021|Hong Kong|
Upon completion of the investment, Swire Properties and Sino-Ocean Group will hold 35% and 64.79%, respectively, of the equity interest in the target company. The total investment amount of the target company is RMB23 billion.The principal asset of the target [...]
Coca Cola and Topo Chico
LasoNews2024-08-15T13:17:21+02:00January 31st, 2021|Mexico|
Molson Coors has made another leap in its mission to move beyond mainstream lagers by landing an exclusive agreement with The Coca-Cola Company to manufacture, market, and distribute an alcoholic version of its Mexican sparkling water brand, Topo Chico. Molson [...]
Shutterstock & TurboSquid
LasoNews2024-08-15T13:15:45+02:00January 29th, 2021|U.s.a|
Creative stock library platform Shutterstock is acquiring TurboSquid to ramp up its 3D marketplace offering for US$75 million of cash payable at closing. TurboSquid has been a 3D industry leader, offering a unified 3D workflow, and operating a marketplace offering of [...]
PepsiCo and Beyond Meat
LasoNews2024-08-16T18:48:32+02:00January 29th, 2021|U.s.a|
PepsiCo and Beyond Meat have tied up for a joint venture named The PLANeT Partnership to develop, produce, and market innovative snack and beverage products made from plant-based protein. The joint venture taps on Beyond Meat's technology in plant-based [...]
Swiss Ammann and India JV
LasoNews2024-08-15T13:20:22+02:00April 28th, 2021|India|
Switzerland-based mechanical engineering company Ammann Group Holding AG has fully acquired the stake of its partner in a joint venture.Gujarat Apollo Industries Ltd, which operates Ammann India Pvt. Ltd, is selling its 30% stake in the JV for Rs 202.43 [...]
Carrefour’s grocery bus in Dubai
LasoNews2024-08-15T01:16:52+02:00March 5th, 2020|Dubai|
Carrefour Mobimart offers customers an extensive variety of daily groceries and fresh food, including a selection of organic produce, frozen food, snacks, beverages, and everyday supplies to underserviced neighbourhoods across Dubai. Carrefour, operated by Majid Al Futtaim in the [...]
Richard Branson ,Cruise ship
LasoNews2024-08-15T01:16:40+02:00February 23rd, 2020|U.s.a|
Virgin Voyages placed a €2bn ($2.2bn) contract with Fincantieri to build three cruise vessels in December 2016. An additional order was placed for the fourth ship in October 2018. Source : ship-technology.com The Virgin founder launched the Scarlet Lady on Friday, [...]
Qatar, Shell In Kuwait LNG Deal
LasoNews2024-08-17T01:05:24+02:00February 16th, 2020|Qatar|
Qatari state-LNG marketer Qatargas and Shell have agreed to supply Kuwait with 1mn t/y under a long-term Sale and Purchase Agreement (SPA) starting this year. The volumes will be supplied from the 7.8mn t/y Qatargas 4 project (Qatar Petroleum 70%, [...]
Adani,Tata Power,Essel Group
LasoNews2024-08-15T01:15:20+02:00February 16th, 2020|India|
MUMBAI: The Subhash Chandra-led Essel Group is in talks with Adani Transmission and Tata Power to sell its under-construction Warora-Kurnool transmission line in an attempt to lower debt, two people familiar with the company’s plans said. The talks are [...]
Etihad Arena
LasoNews2024-08-17T01:20:01+02:00February 15th, 2020|Abu Dhabi|
Abu Dhabi-based real estate developer, Miral’s 18,000-seater multi-purpose indoor venue Etihad Arena, construction of which is nearing completion, will open to the public in mid-April 2020, as it is set to host its first event. Following its public opening, [...]
Spain Total Enter the Solar Market
LasoNews2024-08-15T01:14:49+02:00February 15th, 2020|Spain|
Total, through its wholly owned affiliate Total Solar International, establishes its presence on the Spanish solar market through two agreements with Powertis and Solarbay Renewable Energy and to develop nearly 2 gigawatts (GW) of solar projects. “Spain benefits from [...]
Emirates and Havas Media
LasoNews2024-08-17T00:30:27+02:00February 14th, 2020|Dubai|
Emirates has appointed IPG Mediabrands as its global media partner, Marketing understands. The global media review was first called for in August 2019. The incumbent on the account globally is Havas Media. In 2017, Emirates renewed its contract with Havas Media all [...]
Mobile World Congress Canceled
LasoNews2024-08-15T13:12:34+02:00February 14th, 2020|Spain|
Every February, the beautiful city of Barcelona is taken over by throngs of journalists, phone manufacturers, dealers and salespeople. It’s for the biggest cellphone trade show in the world, Mobile World Congress (MWC).You can’t get a decent hotel room unless [...]
Korea-Africa $ 14 billion
LasoNews2024-08-15T23:26:02+02:00June 6th, 2024|South Korea|
Korea and Africa Development ?Representatives from 48 African nations are attending the first-ever Korea-Africa summit. The 2-day talks which opened on Tuesday (Jun. 3) are expected to focus on trade, technology and investment.South Korean officials say expanding ties in the [...]
Philippines $ 133 million export
LasoNews2024-08-15T23:26:34+02:00March 26th, 2024|Philippines|
Philipinnes food export !FOOD Philippines, the country’s collective food promotions program, capped its Gulfood participation yielding USD 133 million in export sales, double the total sales it generated from its 2023 participation.The amount is a combination of booked orders and [...]
El Salvador $ 100 million
LasoNews2024-08-15T23:27:12+02:00March 4th, 2024|El Salvador|
El Salvador futur investment !An investment of $100 million will be made this year by Grupo Ternova, an investment of national capital in a partnership with foreign capital, consisting of a logistics park that will be developed through its business [...]
Bangladesh $ 22 billion
LasoNews2024-08-15T23:27:39+02:00March 3rd, 2024|Bangladesh|
How is the business with Bangladesh ?With over US$22 billion financing approved to date, we proudly serve as a vital developmental partner of Bangladesh, Eng. Sonbol commented during his meeting with H.E. Sheikh Hasina Wazed, MP, Prime Minister of the [...]
Hong Kong-Macao $ 1 trillion
LasoNews2024-08-15T23:28:28+02:00February 22nd, 2024|Macao|
How is the business between Hong Kong and Macao ? February 18 marks the fifth anniversary of the unveiling of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Development Plan. Over the past five years, cities in the Greater Bay Area have [...]
Uzbekistan $ 1 Billion
LasoNews2024-08-15T23:30:21+02:00February 21st, 2024|Uzbekistan|
How is the industries in Uzbekistan ? Welcoming Saidov, the President emphasized Kazakhstan’s readiness to continue supporting Uzbekistan’s initiatives for the welfare and prosperity of the peoples of the region.During the meeting, the sides discussed prospects for expanding trade and economic [...]
Ivory Coast $ 300 million
LasoNews2024-08-15T23:31:08+02:00January 28th, 2024|Ivory Coast|
Ivory Development The World Bank announced today a significant operation of $300 million for Côte d’Ivoire to accelerate the country’s economic growth. The reforms supported by this budget support financing, the second in a series of three, aligns with Côte d'Ivoire's [...]
Iran $ 54.6 billion export
LasoNews2024-08-15T23:31:51+02:00December 27th, 2023|Iran|
Iran exportation The head of the Customs Organization of Iran says the country’s non-oil exports hit 54.6 billion dollars in the first half of the Persian year of 1402, starting on March 21, 2023.Mohammad Rezvanifar told Fars News that the figure [...]
Kazakhstan $ 217 million investment
LasoNews2024-08-15T23:32:21+02:00December 27th, 2023|Kazakhstan|
Investment in Kazastan Oil and gas productionIn January-November, oil and gas condensate production reached 82.2 million tons, an 8% increase compared to the previous year. Gas production rose by 12% to 53.8 billion cubic meters, with commercial gas production increasing by [...]
Cuba $ 1 billion Investment
LasoNews2024-08-15T23:33:17+02:00December 13th, 2023|Cuba|
Investment in Cuba ?Cuba’s private sector now employs over 1.6 million people, more than the state, according to an analysis by Juan Triana, an economist with the Center for the Study of the Cuban Economy, based at the University of Havana. [...]
Chile $ 16 billion investment
LasoNews2024-08-15T23:33:40+02:00December 11th, 2023|Chile|
Investment in Chile ?According to an analysis conducted by InvestChile, foreign investment inflows to the country in September alone reached US$1.50 billion.This morning, Chile’s Central Bank released foreign direct investment (FDI) data for January-September 2023, with total inflows reaching US$16.0 [...]
Microsoft $ 3,2 billion Australia
LasoNews2024-08-15T23:34:14+02:00November 27th, 2023|Australia|
Microsoft $3,2 billion investment SYDNEY — Microsoft announced Tuesday a Aus$5 billion ($3.2 billion) investment in Australia focused on cloud computing and artificial intelligence, saying it would boost the country's economy and cyber defences.Details of the deal were outlined by bosses [...]
Egypt deal $ 3,2 billion aircraft
LasoNews2024-08-15T23:34:38+02:00November 27th, 2023|Egypt|
Dubai airshow DUBAI — European aerospace giant Airbus announced an order for 10 A350-900 planes by Egypt's state-owned carrier EgyptAir on Tuesday, the second day of the Dubai Airshow.Airbus commercial director Christian Scherer told a news conference the deal marked "an [...]
Price Smart Colombia $ 32 million
LasoNews2024-08-15T23:35:22+02:00October 25th, 2023|Colombia|
Who is Price Smart ?US big box retailer PriceSmart, Inc. (NASDAQ: PSMT) last month opened its second location in Medellín within the neighborhood of El Poblado.The new large location, which has a 3,288-square-meter sales floor and a parking lot with 283 spaces, [...]
Rauva Portugal $ 30 million
LasoNews2024-08-15T23:35:58+02:00October 25th, 2023|Portugal|
Who is Rauva ?Rauva, the Portuguese digital bank startup using a super-app that enables people to open businesses and offers an online account with debit card, virtual cards, direct debit and payments, has agreed to buy Montepio Crédito for around €30 [...]
Saudi Iron & Steel $ 3.3 Billion
LasoNews2024-08-15T23:36:24+02:00September 13th, 2023|Saudia Arabia|
3.3 Billion sale of Saudi Iron & Steel !Saudi Arabia’s sovereign wealth fund has created a national champion for the steel industry, while exiting the Kingdom’s leading distributor of liquefied petroleum gas (LPG), National Gas and Industrialization Company (GASCO).PIF is [...]
Bioscience & Novavax $ 84.5 million
LasoNews2024-08-15T23:36:57+02:00September 13th, 2023|South Korea|
Milbank LLP represented SK bioscience Co. Ltd.Milbank LLP represented SK bioscience Co. Ltd. in its US$84.5 million equity investment in Novavax Inc., a deal that provides SK bioscience 6.5 million shares in the US vaccine maker.Separately, Novavax extended its technology [...]
African Pioneer Group’s R800 million
LasoNews2024-08-15T23:37:23+02:00September 12th, 2023|South Africa|
Who is African Pioneer Group?The African Pioneer Group was founded in 1990 as a black-owned business and has grown exceptionally over the last three decades. The Group has vast experience in initiating, developing, and maintaining strong and profitable relationships with [...]
Capex oil $197 million
LasoNews2024-08-15T23:38:12+02:00August 27th, 2023|Argentina|
Who is Capex oil Argentina ?Cleary Gottlieb represented Citigroup Global Markets Inc. and Santander US Capital Markets LLC, as dealer managers, in Capex’s offer to exchange any and all of its outstanding 6.875% notes due 2024 for newly issued 9.250% [...]
Vietnam Sunergy $41 million
LasoNews2024-08-15T23:38:34+02:00August 27th, 2023|Vietnam|
Who is Vietnam Sunergy ?Vietnam Sunergy Cell Company Limited (dba TOYO) and Blue World Acquisition today announced that they have entered into a definitive business combination agreement. The target is a solar solution company.If approved, TOYO would list on the [...]
Sonatrach $50 billion
LasoNews2024-08-15T23:39:02+02:00August 19th, 2023|Algeria|
Who is Sonatrach ?In the 2021 budget, presented yesterday by the national oil company, it appears that the company exported hydrocarbons for a value of 35,4 billion dollars, against 20,2 billion dollars in 2020. The average price of the Algerian [...]
Adnoc $3,6 billion contract
LasoNews2024-08-15T23:39:25+02:00August 17th, 2023|Dubai|
Who is Tecnicas Reunidas ?The United Arab Emirates' ADNOC Gas on Wednesday said it awarded a $3.6 billion contract to expand its gas processing infrastructure, including the commissioning of new processing facilities.The contract was awarded to a joint venture between [...]
Black Rock & Climate $2 billion
LasoNews2024-08-15T23:39:47+02:00August 14th, 2023|New Zeland|
Black rock climate investmentNew Zealand said Tuesday it is partnering with BlackRock to create a climate investment fund, aiming to speed the way to 100 percent renewable electricity by 2030.The fund is to seek NZ$2 billion (US$1.2 billion) from state [...]
Beltone & Egypt EGP10 billion
LasoNews2024-08-15T23:40:44+02:00August 6th, 2023|Egypt|
Beltone raises largest capital increase in Egyptian stock exchangeBeltone Financial Holding, one of the fastest-growing investment banks in Egypt, announced on Wednesday that it has successfully closed the largest capital increase in the history of the Egyptian Stock Exchange (EGX). [...]
Flydubai in kenya $327 million
LasoNews2024-08-15T23:41:07+02:00August 6th, 2023|Kenya|
Flydubai direct service to MombasaKenya has allowed Dubai-based carrier flydubai to fly directly to Mombasa, as the country’s transport ministry implements an Open Skies policy.The ministry also allowed Ethiopian Airlines to fly twice directly into Mombasa every week, which is [...]
Djibouti project $155 million
LasoNews2024-08-15T23:41:36+02:00July 25th, 2023|Djibouti|
Who is Great Horn Investment HoldingGreat Horn Investment Holding announces the closing of $155 million strategic loan backed by Afreximbank and Banque pour le Commerce et l'Industrie Mer Rouge (BCIMR) of Djibouti.Djibouti, 16 July 2023: - The African Export-Import Bank [...]
Kuwait US$ 335.8 million
LasoNews2024-08-15T23:42:00+02:00July 25th, 2023|Kuwait|
Who is KIPCO (Kuwait Projects Company Holding) ? KIPCO – Kuwait Projects Company (Holding) – announced the successful completion of its first Sukuk issuance of KD 103.1 million (US$ 335.8 million). This issuance is the first ever KD denominated Sukuk [...]
US$500 Million Green Bond
LasoNews2024-08-15T23:42:46+02:00July 5th, 2023|Dubai|
Commercial Bank of Dubai Global law firm White & Case has provided legal counsel to HSBC and Standard Chartered Bank as global coordinators, along with Citigroup, Emirates NBD, First Abu Dhabi Bank, J.P. Morgan, and NATIXIS as joint lead managers, [...]
Sibanye Stillwater $150 million
LasoNews2024-08-15T23:44:28+02:00May 30th, 2023|South Africa|
Who is Sibanye-Stillwater in South Africa ? About Sibanye-StillwaterSibanye-Stillwater is a multinational mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents. The Group is also one of the foremost global recyclers of [...]
Gates Completes $304 Million
LasoNews2024-08-15T23:42:24+02:00July 5th, 2023|U.s.a|
Who is Gates ? Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse replacement channel customers, and to original equipment ("first-fit") manufacturers as specified components. [...]
Simandou project Guinea’s $15 Billion
LasoNews2024-08-15T23:45:08+02:00January 23rd, 2023|Guinea|
The Simandou project !The Simandou project involves the exploitation of four world class iron ore blocks in the southern region of Guinea, as well as the construction and operation of a 600km main railway line (and connecting spur lines) to [...]
UniSuper 13.2ha for $105 million
LasoNews2024-08-15T23:45:36+02:00January 23rd, 2023|Australia|
Who is UniSuper’s ?Richmond Bridge has secured a $105 million logistics development site in Yarraville, in inner-western Melbourne, that the investment manager said was a sign of well-priced opportunities increasingly coming to market for cash-flush buyers.Founder and chief investment officer [...]
3 Río King farms $32 million
LasoNews2024-08-16T18:45:26+02:00November 19th, 2022|Chile|
Who is Río King farms ? Río King farms brings the best fresh fruit produced in the exceptional valleys of Chile to different markets around the world.Carey has assisted Agroveen Agricultural, a Nuveen (TIAA) company, an agricultural asset management [...]
AD Ports buys Spanish $681 million
LasoNews2024-08-15T23:46:37+02:00November 19th, 2022|Abu Dhabi|
Who is Abu Dhabi’s AD Ports ?Abu Dhabi Ports expanding globally with purchase of Spanish logistics firmAbu Dhabi Ports Group has purchased Spanish logistics firm Noatum for $680m, its second acquisition this month as it looks to expand globally.For the [...]
Iguatemi malls raises $140 million
LasoNews2024-08-15T23:47:17+02:00October 15th, 2022|Brazil|
Who is Iguatemi Group's ?With 17 shopping malls (including five under construction) located in nine Brazilian cities, the Iguatemi group is now the leader in the development of luxury fashion shopping centers in Brazil. After creating the first shopping center [...]
AD Ports Group’s $140 million
LasoNews2024-08-15T23:47:52+02:00September 24th, 2022|Abu Dhabi|
Who is AD Port's Group's ?AD Ports Group completed the acquisition of a 70 percent equity stake in Transmar International Shipping Company (“Transmar”) and Transcargo International S.A.E. (“TCI”).The total purchase consideration (Enterprise Value) for 70% shareholding amounts to AED 514 [...]
Solar Project $234 million
LasoNews2024-08-15T23:48:27+02:00September 24th, 2022|South Africa|
Who is Sola Group in South Africa ! Independent power producer Sola Group and renewable energy investment company African Rainbow Energy have reached the financial close on 200 MW solar power projects in South Africa. The two 100 MW solar [...]
Russia $97 billion exportation
LasoNews2024-08-15T23:49:06+02:00August 27th, 2022|Russia|
China and Russia cooperation ! China continues to boost Russia’s war chest with surging purchases of energy resources as other countries shun Russian goods over its invasion of Ukraine, Bloomberg reported Monday.Between March and July, China spent $35 billion on Russian oil, [...]
Japan and Tunisia $2.7 billion
LasoNews2024-08-15T23:50:52+02:00August 27th, 2022|Japan|
Japan and Tunisia 80 Projects ! African heads of state and a Japanese delegaton have met in the Tunisian capital Tunis for talks on promoting "African-led" development.Tunisian President Kais Saied welcomed visitors to the 8th Tokyo International Conference on African Development [...]
SPI Holding Thailand $3.3 billion
LasoNews2024-08-15T23:51:24+02:00August 13th, 2022|Thailand|
Who is Saha Pathana Inter Holding (SPI) ?Saha Pathana Inter-Holding Public Company Limited (Saha Group), a leading company in the business of consumer goods, food and beverage and industrial park development executed the acquisition of approximately 41.81 percent of the total [...]
Masdar Azerbaijan $114.2 million
LasoNews2024-08-15T23:51:50+02:00August 13th, 2022|Azerbaijan|
How much cost the Photovoltaic solar power project ?The 230 MW photovoltaic solar power project in Alat, Azerbaijan was developed by leading renewable energy company, Masdar. The lender consortium committed long-term financing of USD 114.2 million.The project marks the first [...]
Dubai Real Estate $5.7 billion
LasoNews2024-08-15T23:52:15+02:00August 13th, 2022|Dubai|
What is the cost of buying House in Dubai ?Top searched areas for real estate sales include Dubai Marina, Downtown Dubai, Business Bay, Palm Jumeirah, Jumeirah Village Circle, and Jumeirah Lake TowersDubai’s real estate market saw a total sales transactions volume worth [...]
Aqaba development $400 million
LasoNews2024-08-15T23:52:44+02:00July 23rd, 2022|Jordan|
Who is Orbit aluminium industries ?The Aqaba Development Corporation (ADC) and Orbit Aluminum Industries on Wednesday signed a $175-million agreement, to establish an aluminum rolling mill in the Aqaba Special Economic Zone Authority (ASEZA).The aluminum rolling mill will be “the [...]
Uzbekistan’s top trade
LasoNews2024-08-15T23:53:10+02:00July 21st, 2022|Uzbekistan|
Uzbekistan top trade !The State Statistics Committee has provided data on countries with the highest share in Uzbekistan’s exports.According to the committee, China topped the list in January-June 2022 with $1.3 billion, closely followed by Russia - $1.2 billion and [...]
Kazakhstan $25 billion wheat
LasoNews2024-08-15T23:55:10+02:00July 21st, 2022|Kazakhstan|
Kazakhstan and QaztradeThe trade turnover of non-primary goods of Kazakhstan in January – May this year reached $25.3 billion, which is 20.4 percent higher than in the same period of the previous year ($21.0 billion), reported [...]
Arab league in Brazil $20 billion
LasoNews2024-08-15T23:56:02+02:00July 14th, 2022|Brazil|
ARAB LEAGUE IN BRAZILBrazilian President Jair Bolsonaro Monday announced that the total investments of Arab funds in Brazil are approaching US$20 billion, half of that money stemming from the country’s recent participation at the Expo [...]
Qatar’s gaz & Shell $29 billion
LasoNews2024-08-15T23:57:23+02:00July 8th, 2022|Qatar|
QATAR GAZ PROJECT AND SHELLShell joined Qatar Energy's $29 billion project to expand production at the world's biggest natural gas field on Tuesday, becoming the fifth and final international partner.The British-based company took a 6.25 per cent stake for an [...]
Bahrain Nogaholding $2.2 billion
LasoNews2024-08-15T23:57:54+02:00June 20th, 2022|Bahrain|
NOGAHOLDINGLinklaters advised Bahrain’s state oil company on the deal.The Oil and Gas Holding Company B.S.C. announced its first sustainability-linked loan, a refinancing and upsizing of its US$1.6 billion Murabaha Facility to US$2.2 billion.he new facility was structured as a dual-tranche [...]
$1.9 Billion to build Delta expressway
LasoNews2024-08-15T23:58:29+02:00June 16th, 2022|Vietnam|
Delta expressway VietnamHÀ NỘI — The National Assembly on Thursday agreed to spend nearly VNĐ45 trillion (US$1.9 billion) building more than 188 kilometres of highway in the Mekong Delta.On the last day of their third sitting in Hà Nội, legislators [...]
Yuexiu Transport RMB5 Billion
LasoNews2024-08-15T23:58:57+02:00June 15th, 2022|China|
WHO IS YUEXIU TRANSPORT INFRASTRUCTURE LTD?Yuexiu Transport Infrastructure Limited and its subsidiaries are principally engaged in investment and operation management of toll expressways、bridges and ports in Guangdong Province and other high growth provinces in the People's Republic of China (“PRC”), [...]
Argentina $90 Billion exports
LasoNews2024-08-16T00:00:10+02:00June 12th, 2022|Argentina|
ARGENTINA EXPECTS RECORDArgentina's government expects record export levels this year as the country benefits from rising commodity prices.The country’s economy is expected to export US$90 billion in goods this year, according to a senior government official who asked not to [...]
Morocco tourism rises $1.5 Billion
LasoNews2024-08-16T00:24:36+02:00June 8th, 2022|Morocco|
MOROCCO TOURISMMorocco’s tourism revenues have risen to MAD 14.62 billion ($1.5 billion) during the month of April, more than double the total of MAD 6.54 billion ($668 million) during the same period in 2021.Yet, the current boom still leaves Morocco’s tourism sector [...]
Novobanco investment hotels €34 Million
LasoNews2024-08-16T00:25:03+02:00June 4th, 2022|Portugal|
WHO IS NOVOBANCO ?Novobanco, through one of its pension funds, has bought two hotels in Tróia from Sonae Capital, in a deal that closed for about €34 million, ECO knows. The company had already announced last week the sale of [...]
Uruguay Frutura Has Bought Citricola Saltena
LasoNews2024-08-17T10:38:21+02:00March 18th, 2022|Uruguay|
WHO IS FRUTURA ?The international produce company Frutura has bought over the Uruguay-based Citrícola Salteña, a leading global supplier and marketer of high-quality citrus and juice.The new company will now be rebranded Frutura Uruguay and will seek to position itself [...]
Indonesia Tech $40 MiIlion MDI Ventures – Zenius
LasoNews2024-08-16T00:25:23+02:00March 17th, 2022|Indonesia|
EDUCATION PLATEFORM ZENIUSTechnology-based education platform Zenius said on Tuesday it had secured funding from MDI Ventures, a subsidiary of state-owned telecommunicationscompany Telkom, bringing its total funds raised to more than US$40 million. Also participating are existing investors, including Northstar Group, Alpha JWC andOpenspace [...]
Bolivia increase gas output $260 MiIlion
LasoNews2024-08-16T00:25:43+02:00February 23rd, 2022|Bolivia|
WHO IS MARGARITA 10 ?Bolivia's Deputy Minister of Exploration and Exploitation Daniel Mayta Jiménez Tuesday said that following the discovery of the Margarita 10 well and in a move to foster investment and encourage production, the Hydrocarbons Law 3058 -enacted [...]
ROSNEFT $11.7 MILLIARDS 2021
LasoNews2024-08-16T00:26:05+02:00February 21st, 2022|Russia|
ROSNEFTFinancial results for 4Q and 12M 2021Net income of RUB 883 bln was the highest on record in the Company’s history, having increased by more than six times as compared to 2020.EBITDA for 2021 of RUB 2,330 bln was at [...]
Berjaya Food BHD RM 38.9 Million
LasoNews2024-08-16T00:27:01+02:00February 11th, 2022|Malaysia|
How is Bejaya Food MalaysiaBerjaya Food Bhd’s net profit more than tripled to RM38.88 million for the second quarter ended Dec 31, 2021 (2QFY22), from RM11.12 million a year prior, on the back of a higher revenue, coupled with an [...]
ExxonMobil $23 billion
LasoNews2024-08-16T00:27:21+02:00February 10th, 2022|U.s.a|
Exxon MobilExxonMobil reported a profitable fourth-quarter on Tuesday to conclude a strong comeback year in 2021 on higher oil prices amid recovering energy demand.The oil company reported annual profits of $23 billion last year compared with a loss of $22.4 [...]
Japan ¥400 billion sales game
LasoNews2024-08-16T00:27:40+02:00February 8th, 2022|Japan|
Nintendo CoJapan’s Nintendo Co. said Thursday that cumulative sales of its Nintendo Switch video game console have surpassed the 100-million-unit milestone, reaching 103.54 million units.In addition to the continued robust sales since the console was released in March 2017, the [...]
Adnoc 2 Trillion raw gas
LasoNews2024-08-16T00:28:05+02:00February 3rd, 2022|Abu Dhabi|
Abu Dhabi Adnoc major offshore discovery of natural gas!Who is Adnoc ?Al Dhafra PetroleumAl Yasat PetroleumADNOC DrillingADNOC OffshoreADNOC OnshoreADNOC Sour GasADNOC DistributionADNOC Gas ProcessingADNOC Global TradingADNOC Industrial GasesADNOC LNGADNOC Logistics and ServicesADNOC RefiningADNOC TradingBorougeFertiglobeHydrogenPipelinesTA’ZIZUAE oil firm ADNOC (ADNOC.UL) announced on [...]
Africa Sub Saharan $100 million
LasoNews2024-08-15T23:16:23+02:00February 3rd, 2022|Africa Sub Saharan|
A Swap Transaction Baker McKenzie advised Bank One Limited on the deal. Bank One Limited as arranger and swap provider in connection with a USD 100 million USD/local currency swap transaction with a central bank in sub-Saharan Africa (with up to USD [...]
Cleanairtech Sudamérica $152 million
LasoNews2024-08-15T23:16:00+02:00January 31st, 2022|Chile|
Cleanairtech Sudamérica (Chile) Cuatrecasas has advised Cleanairtech Sudamérica S.A., a subsidiary of the Compañía Minera del Pacífico (CAP) Group, on the refinancing with international banks of an existing loan and a new syndicated loan for USD 152 million, maturing [...]
Canadian Truck Company $2.09 billion revenue
LasoNews2024-08-15T23:14:50+02:00January 28th, 2022|canada|
How much revenue generate TFI International Montreal - Ottawa etc.. ? – Record Q3 results and strong profitability driven by all four business segments – – TForce Freight makes strong early contribution with significant synergy and operational upside still [...]
Singapore Grand Prix $1,5 billion
LasoNews2024-08-15T23:14:25+02:00January 28th, 2022|Singapore|
How much generate the Singapore Grand Prix ? The race has generated more than S$1.5 billion in incremental tourism receipts and drawn more than 550,000 unique international visitors to Singapore since its debut, according to organisers. Singapore Grand Prix [...]
BHP Group Australia $221 billion, “The Big Australian”
LasoNews2024-08-15T23:14:00+02:00January 21st, 2022|Australia|
Who is BHP Group Limited ? BHP Group Limited are : Exploration, development and production of oil and gas; Mining of iron ore, metallurgical coal and energy coal, copper, silver, zinc, molybdenum, uranium and gold. Mega-miner BHP is leaving [...]
NFL $15 Billion Revenue Year
LasoNews2024-08-15T23:13:40+02:00January 16th, 2022|U.s.a|
The National League ( NFL) is the most profitable sports league globally, in more than $15 billion in revenue during a typical year — or about 2x as much as the National Basketball Association (NBA). Here’s a look at [...]
Power India $414 Million
LasoNews2024-08-15T13:27:56+02:00November 4th, 2021|India|
Azure Power Global Limited (NYSE: AZRE), leading independent renewable power producer in India, issued a Senior Notes of US$414,000,000, through its wholly owned subsidiary, Azure Power Energy Ltd. The Bond, maturing in 2026, will be issued at a coupon of 3.575%. Azure Power [...]
Saudi Aramco’s $1 Billion
LasoNews2024-08-15T13:26:19+02:00November 4th, 2021|Saudia Arabia|
Saudi Aramco’s $1 Billion Tanajib Cogeneration and Desalination Plant ProjectWhite & Case and the Law Office of Megren M. Al-Shaalan (LOMAS) have advised the Saudi Arabian Oil Company on the project.The plant will be located in Tanajib, in the Eastern [...]
Orascom construction Egypt
LasoNews2024-08-15T13:25:29+02:00May 5th, 2021|Egypt|
ORASCOM CONSTRUCTION ADDS USD 650 MILLION TO ITS BACKLOG IN Q1 2021Orascom Construction PLC (NASDAQ Dubai: OC; EGX: ORAS) announces that it has added USD 650 million of new awards to its backlog in Q1 2021. These new awards mark [...]
Denis Sverdlov Scores $10Bln
LasoNews2024-08-15T13:25:55+02:00May 5th, 2021|Russia|
Former Russian Government Official Denis Sverdlov Scores $10Bln With Electric Vehicle StartupThe tech entrepreneur and former deputy minister hopes his electric truck-maker Arrival can become the McDonald’s of the green transport revolution.Denis Sverdlov emerged as the latest Russian tech billionaire [...]
WILMAR net profit $450.2m
LasoNews2024-08-15T13:24:49+02:00May 3rd, 2021|Singapore|
Wilmar net profit doubles to a record-breaking US$450.2mAll of the food processing firm's core business segments grew in the first quarter.Wilmar International had a record breaking net profit of US$450.2m for the first quarter, the highest since it was listed [...]
Qatar looks beyond World Cup
LasoNews2024-08-17T10:42:49+02:00May 2nd, 2021|Qatar|
Qatar looks beyond World Cup 2022The recent agreement signed between Qatar Petroleum (QP), Singapore-based LNT Marine, the American Bureau of Shipping (ABS) and Shanghai Waigaoqiao Shipbuilding (SWS) for liquefied natural gas (LNG) carrier designs is the latest sign of a [...]
Paraguay and Korean Investment
LasoNews2024-08-15T13:23:08+02:00May 2nd, 2021|Paraguay|
Paraguay and South Korean finalize details for joint electric carParaguay's Minister of Industry and Commerce (MIC) Luis Alberto Castiglioni Friday discussed with South Korean Ambassador To Asunción In Shik Woo the establishment of an Auto Parts Technology Center for electric [...]
Boohoo buys 3 fashion brands
LasoNews2024-08-15T13:22:30+02:00May 1st, 2021|London|
LONDON -- British online fashion retailer Boohoo has bought three clothing brands owned by the collapsed Arcadia retail group for 25.2 million pounds ($34.5 million).Boohoo bought the inventory and online businesses of the Arcadia brands - Dorothy Perkins, Wallis and [...]
UAE’s Agthia buys bakery major to quadruple business in Kuwait
LasoNews2024-08-15T13:20:47+02:00April 28th, 2021|Kuwait|
Agthia Group, a Abu Dhabi-based food and beverages major, on Thursday announced that it has successfully completed its transaction to acquire Al Faysal Bakery and Sweets, one of Kuwait’s leading industrial bakeries.Agthia said the completion of the deal strengthens its [...]
Swire Pacific and Sino Ocean
LasoNews2024-08-15T13:18:11+02:00February 17th, 2021|Hong Kong|
Upon completion of the investment, Swire Properties and Sino-Ocean Group will hold 35% and 64.79%, respectively, of the equity interest in the target company. The total investment amount of the target company is RMB23 billion.The principal asset of the target [...]
Coca Cola and Topo Chico
LasoNews2024-08-15T13:17:21+02:00January 31st, 2021|Mexico|
Molson Coors has made another leap in its mission to move beyond mainstream lagers by landing an exclusive agreement with The Coca-Cola Company to manufacture, market, and distribute an alcoholic version of its Mexican sparkling water brand, Topo Chico. Molson [...]
Shutterstock & TurboSquid
LasoNews2024-08-15T13:15:45+02:00January 29th, 2021|U.s.a|
Creative stock library platform Shutterstock is acquiring TurboSquid to ramp up its 3D marketplace offering for US$75 million of cash payable at closing. TurboSquid has been a 3D industry leader, offering a unified 3D workflow, and operating a marketplace offering of [...]
PepsiCo and Beyond Meat
LasoNews2024-08-16T18:48:32+02:00January 29th, 2021|U.s.a|
PepsiCo and Beyond Meat have tied up for a joint venture named The PLANeT Partnership to develop, produce, and market innovative snack and beverage products made from plant-based protein. The joint venture taps on Beyond Meat's technology in plant-based [...]
Swiss Ammann and India JV
LasoNews2024-08-15T13:20:22+02:00April 28th, 2021|India|
Switzerland-based mechanical engineering company Ammann Group Holding AG has fully acquired the stake of its partner in a joint venture.Gujarat Apollo Industries Ltd, which operates Ammann India Pvt. Ltd, is selling its 30% stake in the JV for Rs 202.43 [...]
Carrefour’s grocery bus in Dubai
LasoNews2024-08-15T01:16:52+02:00March 5th, 2020|Dubai|
Carrefour Mobimart offers customers an extensive variety of daily groceries and fresh food, including a selection of organic produce, frozen food, snacks, beverages, and everyday supplies to underserviced neighbourhoods across Dubai. Carrefour, operated by Majid Al Futtaim in the [...]
Richard Branson ,Cruise ship
LasoNews2024-08-15T01:16:40+02:00February 23rd, 2020|U.s.a|
Virgin Voyages placed a €2bn ($2.2bn) contract with Fincantieri to build three cruise vessels in December 2016. An additional order was placed for the fourth ship in October 2018. Source : ship-technology.com The Virgin founder launched the Scarlet Lady on Friday, [...]
Qatar, Shell In Kuwait LNG Deal
LasoNews2024-08-17T01:05:24+02:00February 16th, 2020|Qatar|
Qatari state-LNG marketer Qatargas and Shell have agreed to supply Kuwait with 1mn t/y under a long-term Sale and Purchase Agreement (SPA) starting this year. The volumes will be supplied from the 7.8mn t/y Qatargas 4 project (Qatar Petroleum 70%, [...]
Adani,Tata Power,Essel Group
LasoNews2024-08-15T01:15:20+02:00February 16th, 2020|India|
MUMBAI: The Subhash Chandra-led Essel Group is in talks with Adani Transmission and Tata Power to sell its under-construction Warora-Kurnool transmission line in an attempt to lower debt, two people familiar with the company’s plans said. The talks are [...]
Etihad Arena
LasoNews2024-08-17T01:20:01+02:00February 15th, 2020|Abu Dhabi|
Abu Dhabi-based real estate developer, Miral’s 18,000-seater multi-purpose indoor venue Etihad Arena, construction of which is nearing completion, will open to the public in mid-April 2020, as it is set to host its first event. Following its public opening, [...]
Spain Total Enter the Solar Market
LasoNews2024-08-15T01:14:49+02:00February 15th, 2020|Spain|
Total, through its wholly owned affiliate Total Solar International, establishes its presence on the Spanish solar market through two agreements with Powertis and Solarbay Renewable Energy and to develop nearly 2 gigawatts (GW) of solar projects. “Spain benefits from [...]
Emirates and Havas Media
LasoNews2024-08-17T00:30:27+02:00February 14th, 2020|Dubai|
Emirates has appointed IPG Mediabrands as its global media partner, Marketing understands. The global media review was first called for in August 2019. The incumbent on the account globally is Havas Media. In 2017, Emirates renewed its contract with Havas Media all [...]
Mobile World Congress Canceled
LasoNews2024-08-15T13:12:34+02:00February 14th, 2020|Spain|
Every February, the beautiful city of Barcelona is taken over by throngs of journalists, phone manufacturers, dealers and salespeople. It’s for the biggest cellphone trade show in the world, Mobile World Congress (MWC).You can’t get a decent hotel room unless [...]
