Utilities
Rimac Mulls Buying Porsche’s Stake in Hypercar Joint Venture Bugatti
Croatian sports-carmaker Rimac Group is interested in buying out Porsche AG’s stake in their joint venture Bugatti Rimac, according to people familiar with the matter.
TAQA and EWEC drive UAE’s AI strategy and net zero goals with new energy infrastructure projects
TAQA, one of the largest listed integrated utility companies in Europe, the Middle East and Africa, together with Emirates Water and Electricity Company (EWEC), a leading company in the integrated planning, purchasing, supply and system dispatch services of water and electricity across the UAE, announced the development and implementation of new energy infrastructure projects to directly advance the UAE National Strategy for Artificial Intelligence 2031, and UAE Net Zero by 2050 initiative.
Sri Lanka Firm Plans Nation’s First Listed Sukuk in Coming Weeks
Sri Lankan renewable energy producer Vidullanka Plc is planning to sell the nation’s first publicly listed Sukuk bond in coming weeks after efforts by the local bourse to kick start an Islamic finance market.
