KEPPT has appointed J.P. Morgan to arrange financing for a $1.6 billion urea plant in Basra, Iraq, set to produce 1.15 million tonnes annually. This project aims to reduce Iraq's dependence on urea imports, support the agricultural sector, and stimulate economic growth with construction starting in 2027 and operations by 2030. The plant will use advanced technology to minimize environmental impact and create local jobs. This marks a significant step in Iraq's industrial development and economic diversification.
KAR Electrical Power Production Trading FZE (KEPPT) has appointed J.P. Morgan to coordinate financing for its $1.6 billion urea plant in Basra, Iraq. The plant, expected to start construction in 2027 and operation by 2030, will produce 1.15 million t...
The global consumer finance market is projected to expand from $9.87 trillion in 2025 to $14.08 trillion by 2031, growing at a 6.17% CAGR. Key growth drivers include embedded finance at point-of-sale, which boosts credit uptake by integrating lending...
President Trump praised Michael and Susan Dell during the launch of Trump Accounts, a new savings initiative for children backed by the Dells' $6 billion pledge. Following Trump's endorsement, Dell's stock surged up to 7.8% in intraday trading. The p...
The Chase Ink Business Cash credit card currently offers a limited-time $1,000 bonus after spending $8,000 in the first four months, making it an attractive option for small businesses managing uneven cash flow. It features 0% introductory APR on pur...
The Chase Sapphire Preferred credit card recently received a major update, maintaining its $95 annual fee while adding valuable perks like a $100 hotel credit, up to $120 TSA PreCheck credit, and a complimentary Apple TV+ subscription. It offers stro...
