Wednesday 27 November 2024
 
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$1 billion

DP World earnings top $1.2 billion

Dubai-based global marine terminal operator DP World has revealed strong financial results for the 12 months ending December 31, 2017, which saw the company deliver earnings in excess of $1.2 billion. On a reported basis, revenue

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Qatari authority announces $1bn investments

The Ministerial Group for the Encouragement and Participation of the Private Sector in the Economic Development Projects of Qatar has revealed a number of investments worth more than QR4 billion ($1.085 billion) in different fields, said a repor

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Spain, Qatar plan $1bn joint investment fund

Spain and Qatar plan to sign a an agreement to form a $1 billion joint investment fund that would help the Gulf state invest in Latin America, said a senior official in a report. Ignacio Escobar, Ambassador of Spain to Qatar, said

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Turkish investors sell over $1bn in forex after Brexit

Turkish local investors sold over $1 billion in forex in profit taking after an initial steep slide in the lira on Friday as Britain's shock vote to exit from the European Union hit emerging market currencies, bankers told Reuters.

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GCC network security sector to reach $1bn by 2018

The amount of spending on the regional network security for the GCC-wide sector is set to grow from $340 million to $1 billion by 2018, according to a Frost & Sullivan report. The upcoming inaugural Future Technology Week at D

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PCI Pharma Services explores $1bn sale

PCI Pharma Services, a US provider of outsourced packaging and clinical trial supply services to the pharmaceutical industry, is exploring a sale that could value it at around $1 billion, including debt, according to people familiar with the mat

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Porsche to spend $1bn on new electric car plant

Porsche will spend about €1 billion ($1.09 billion) on production facilities at its biggest plant to make its first all-electric sports car. The Volkswagen-owned manufacturer will create more than 1,000 new jobs at its base i

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Porsche to spend $1bn on new electric car plant

Porsche will spend about €1 billion ($1.09 billion) on production facilities at its biggest plant to make its first all-electric sports car. The Volkswagen-owned manufacturer will create more than 1,000 new jobs at its base i

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Teva divesting $1bn in assets to clear Allergan deal

Teva Pharmaceutical Industries Ltd is in the process of divesting about $1 billion worth of assets to address antitrust concerns over its deal to buy Allergan Plc's generic drugs business, people familiar with the matter said.

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Teva divesting $1bn in assets to clear Allergan deal

Teva Pharmaceutical Industries Ltd is in the process of divesting about $1 billion worth of assets to address antitrust concerns over its deal to buy Allergan Plc's generic drugs business, people familiar with the matter said.

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