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ME firms set for Asia's biggest infocomm showAsia’s largest annual event, the Infocomm Media Business Exchange (imbX) will be held from June 17 to 21 at the Marina Bay Sands, Singapore. The event is a confluence of government and business leaders, companies and industr More… |
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Dubai Maritime Authority signs deal with SingaporeDubai Maritime City Authority (DMCA) has recently signed a deal on maritime cooperation with the Maritime and Port Authority of Singapore (MPA), the government authority behind Singapore's port and maritime development. Under More… |
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Ascott to open two new hotels in SaudiAscott, the wholly owned-serviced residence business unit of Singapore-based real estate group CapitaLand, is introducing its Citadines brand in the Gulf region with the launch of two new hotels in Saudi Arabia. Starting in Jeddah More… |
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DHL to invest $181m in SE Asia businessDHL Supply Chain, a leader in contract logistics solutions, will invest 140 million euros ($181 million) by 2015 in its business in South East Asia, said a top official. The bulk of the investments will go towards investing in new More… |
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Sembcorp inks Oman utilities JV projectSembcorp Industries, a leading energy, water and marine group operating across six continents worldwide,has signed a JV agreement with Takamul Investment Company, a subsidiary of Oman Oil Company to develop centralised utilities units for Duqm S More… |
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Gold rises on weaker dollar after 3-day fallGold rose on Tuesday for the first time in four sessions, aided by a softer dollar, but persistent outflows from exchange-traded funds reflected investors' waning interest in the metal as a safe haven. A surprise rise in US re More… |
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Firm dollar hits oil, gold, sharesOil and gold prices fell on Monday as the dollar strengthened, dragging Asian shares lower, but Japanese equities outperformed on the back of the yen's slide to a fresh 4-1/2-year low against the US currency. Investors remaine More… |
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Gold near 2-week high; equities cap gainsGold neared its highest level in more than two weeks on Monday, but gains may be capped by a rally in equity markets and promising US jobs data that dampened speculation the Federal Reserve may boost monetary stimulus. Bullion has More… |
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Brent steady below $103, ECB rate cut supportsBrent crude held below $103 a barrel on Friday, retaining most of its steep gains from the previous session, when an interest rate cut by the European Central Bank boosted investors' appetite for riskier assets. The decision c More… |
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Etihad opens Singapore maintenance facilityEtihad Airways, the national airline of the UAE, has opened a line maintenance base at Singapore’s Changi International Airport, the carrier’s eighth outside Abu Dhabi. Equipped with the latest technology, the new faci More… |
