Selected news and insights from emerging markets.

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Russia’s Lukoil to fully withdraw from Saudi gas project by end-2019
Involved sides reach no agreement on gas prices 28 Oct
OTP named among Polish mBank’s potential buyers
Currently, Hungarian banking group not present in Poland 23 Oct
South Africa’s Robor goes into liquidation
Steelmaker’s move explained with weak domestic demand, cheap Chinese imports 18 Oct
Etihad Airways aims to return to profit by 2023
Chief commercial officer expects economic situation to be tough in 2020, 2021 14 Oct
S&P upgrades rating outlook on Russian Petropavlovsk to positive
Gold producer’s long-term ratings affirmed at “B-“ 14 Oct
Abu Dhabi‘s Adnoc to form USD 1.7bn JV with Dutch chemical group OCI NV
New company to become world’s largest export-focused nitrogen fertiliser business 02 Oct
Kenya Power issues profit warning for FY 2018/19
Earnings expected to drop over 25% y/y 23 Sep
Iran’s Mobarakeh Steel to become second-largest group in terms of capital
Company obtains approval to increase registered capital to IRR 210 trillion 19 Sep
Czech carmaker Skoda reports 4.1% drop in global deliveries in August
Falling sales in main market China drag on overall performance 13 Sep
Dubai’s Emirates NBD aims to expand foreign ownership limit to 40%
Move in line with UAE’s ambition to attract intl investors 04 Sep