ExxonMobil makes 1st discovery for 2024 offshore Guyana
ExxonMobil Guyana earlier today announced its first discovery for 2024 at Bluefin in the Stabroek block offshore Guyana.
The Bluefin well encountered approximately 197 feet...
Vreed-en-Hoop Shore Base project: US$25M financing secured through New Hayven Merchant Bank
The Vreed-en-Hoop Shore Base Incorporated (VEHSI) has received financing to the tune of US$25 million, approved through the New Hayven Merchant Bank for a landmark project.
This disclosure was announced by the Bank on Thursday. New Hayven said it was a leading financial institution committed to fostering economic development.
Production begins at Mohamed’s US$25M quarry
Production has commenced at Mohamed Enterprise’s quarry, located in the Upper Mazaruni District of Region Seven (Cuyuni-Mazaruni), and it is on course to produce 500,000 tonnes of stones and aggregates by year-end.
GBTI nets $3B profit in 2023
The Guyana Bank of Trade and Industry (GBTI) today announced a net profit of $3 billion for the year 2023, a 30 per cent...
Company operating regional ferry service incorporated in Guyana – AG
…says regional integration laws being crafted
CariCargo Incorporated, the company that will be operating the ferry between Guyana, Barbados and Trinidad and Tobago in a...
Govt withdraws $51.9B from NRF
FULL STATEMENT:
Pursuant to the Natural Resource Fund (NRF) Act 2021, as amended by the Fiscal Enactments (Amendment) Act 2024, Parliamentary approval has been granted...
Guyana set to host Caribbean Investment Forum from July 10-12
Guyana is gearing up to host the Caribbean Investment Forum from July 10 to 12 this year, a key event for business collaboration and...
Land earmarked for Qatari Hotel belongs to Govt – City engineer confirms
Full statement:
I have noticed news reports, on my actions with respect to the Cease Work Notice, in at least two of our dailies, the...
WANSAT, GTT record historic win with cellular backhaul technology in Guyana
The Guyana Telephone and Telegraph Company (GTT) on Monday announced that it has collaborated with WANSAT to successfully backhaul cellular traffic from the Hinterland...
First Lady hands over business grants to 3 single-parent mothers
In observance of International Women’s Day, First Lady Arya Ali handed over three grants totalling $1.5 million to three single mothers to fund their...