Investment Management / Fund Operators
Citadel Capital SAE Subsidiary Signs 25-Year Concession Agreement to Build Fuel Bunkering Terminal and Logistics Hub on Suez Canal
Citadel Capital SAE announced that its subsidiary, Mashreq Petroleum (Mashreq), has signed a 25-year concession agreement with the East Port Said Port Authority. The agreement is extendable by up to five years based on a 90% achievement rate of operational targets and will allow Mashreq to build the first independent tank terminal in Egypt. The EGP 3 billion facility will have capacity for up to 800,000 metric tons of product, including liquid bulk (fuel oil, gas oil, naphtha and jet fuel) and bunker fuels. Mashreq will have an annual storage capacity of 10 million metric tons per year and an annual bunkering capacity of 2-3 million tons with three berths that will accommodate tankers up to 120,000 DWT and four berths for bunkering barges. The project will be completed in several phases.
Shanghai AJ Corp Announces Establishment of Subsidiary
Shanghai AJ Corp announced that it has decided to establish a wholly owned subsidiary, which is engaged in enterprise investment, asset and enterprise trust, rental business in Shanghai.
Markets
- Sectors
- U.S.
- Europe
- Asia
Sector Summary
| Energy |  +0.90% |
| Basic Materials | +0.56% |
| Industrials | +0.08% |
| Cyclical Goods & Services |  -0.10% |
| Non-Cyclical Goods & Services | -0.74% |
| Financials | -0.15% |
| Healthcare | -0.53% |
| Technology | +0.12% |
| Telecoms | -0.67% |
| Utilities | -0.14% |
| DOW | 15,335.28 | -19.12 |
-0.12% |
| S&P 500 | 1,666.29 | -1.18 |
-0.07% |
| NASDAQ | 3,496.43 | -2.53 |
-0.07% |
| TR US Index | 151.23 | -0.07 |
-0.05% |
Analyst Research
| Report Title | Price |
|---|---|
|
Provider: Renaissance Capital
|
$92.00
|
|
Provider: Renaissance Capital
|
$92.00
|
|
Provider: Renaissance Capital
|
$92.00
|
|
Provider: Edison Investment Research
|
$10.00
|
|
Provider: Edison Investment Research
|
$10.00
|
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
