Emirates Airlines has declared its plans to recommence daily flights to Phnom Penh, the capital of Cambodia, beginning May 1 via Singapore boosting the airline’s Southeast Asian connectivity to/from Dubai, and linking two trade and leisure centres in the region.
Adnan...
Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of Bahrain, has announced plans to invest in Singapore Gulf Bank (SGB), a new digital bank backed and founded by Whampoa, a privately-held investment group headquartered in Singapore.
The announcement was...
Singapore has dropped its GDP forecast to a contraction range of -7 per cent to -4 per cent.
Singapore cuts its 2020 gross domestic product forecast again for the third time on Tuesday. The trade ministry said, as the bellwether...
Saudi Arabia's oil output has been affected by recent attacks. The East-West Pipeline flow has also been impacted, disrupting the country's energy production and distribution.
The Strait of Hormuz has been shut down, and the CEO of ADNOC is calling for its reopening without conditions. This development has significant implications for the region's oil supply.
