Standard Chartered Expands Hedge Fund Access for Wealth Clients 
SEC Sues Former Tricolor Executives Over $1.9 Billion Investor Fraud Scheme 
Gold Tops $4,500 as Dollar Slides After Treasury Bond Move 
Trump Says Iran Talks Halted as Strait of Hormuz Dispute Fuels Oil Concerns 
Asian Stocks Rally as KOSPI, Nikkei Surge on Bond Market Relief 
REPAY Stock Rises After Visa Platform Connect Collaboration 
Fed Minutes Signal Rate Hikes Remain Possible as Inflation Risks Persist 
European Stocks Slide as Iran War Escalation Sends Oil Higher 
Baidu Shares Sink to One-Year Low as Ad Weakness Overshadows AI Growth 
Shein Targets $26B-$27B Valuation for Hong Kong IPO 
Asian Stocks Slide as Chip Selloff and High Bond Yields Hit Markets 
Switzerland Industrial Production Jumps 5.5% in Q2 2026 
US Dollar Holds Steady as Fed Rate Bets and Iran Tensions Drive Markets 
AstraZeneca Halts Phase III Volrustomig Lung Cancer Trial After Efficacy Setback 
Samsung Eyes $72 Billion Shareholder Return Plan as AI Chip Boom Fuels Profits 
Gold Holds Near Two-Month High as Treasury Yields Fall 
Moody’s Affirms NVIDIA Aa1 Rating as AI Data Center Guarantees Reach $105 Billion 
Add as a preferred source on Google
Doosan Heavy Industries & Construction Co. (DHICC) has clinched a 780 billion-won deal to build the Yanbu-4 seawater desalination plant in Saudi Arabia.
The deal was inked by DHICC with a consortium of French energy company Engie SA and Saudi Arabian firms Mowah and Nesma.
The facility, with a capacity of producing 450,000 tons of fresh water per day, will be built in Alrayyis, some 260 kilometers north of the western port city of Jeddah.
The South Korean plant builder is set to complete the construction by 2023.
DHICC is aggressively tapping into the seawater desalination plant market in the Middle East, clinching desalination projects in Kuwait, Saudi Arabia, and Oman since 2016.
