April
Barakah One wins ESG financing award for groundbreaking $2.42 billion green refinancing for nuclear energy
A groundbreaking $2.42 billion refinancing deal for the UAE’s Barakah Nuclear Energy Plant has been named ESG Loan Deal of the Year by the Bonds, Loans & Sukuk Middle East Awards.
Borouge beats market expectations as Q1 net profit rises by 37% to $273 million
Borouge Plc has reported a 37% year-on-year increase in first-quarter net profit to $273 million and remains committed to a dividend of $1.3 billion in 2024. The Abu Dhabi-based petrochemicals company, which provides innovative and differentiated polyolefins solutions, cited a stronger pricing premia driven by a focus on high-value product segments and cost efficiencies.
BHP Mega Bid and $10,000 Copper Expose Mining’s Biggest Problem
Copper’s surge to $10,000 a ton just days after the bombshell news that BHP Group is trying to buy Anglo American Plc is highlighting a core disconnect at the heart of the industry: miners just aren’t building enough mines.
