Middle East

Investing strategies

Vital to monitor EM developments to uncover future opportunities: Schroders

SINGAPORE (Nov 15): The dynamism and structural growth story of emerging market (EM) equities may play a crucial role in helping investors meet their goals, according to a recent report by Schroder Investment Management (Singapore).

M&A

Atlantic Navigation up more than 30% since Sunday news of likely majority acquisition

SINGAPORE (Jan 31): Shares of integrated offshore supplier Atlantic Navigation Holdings have surged over 30% by 4 cents this week since Sunday’s announcement of its possible majority stake acquisition by Dubai-listed Gulf Navigation Holding PJSC (GulfNa

Global Economy

Bank of Singapore hires more private bankers as Middle East wealth grows

(Dec 19): The private-banking arm of Oversea-Chinese Banking Corp. is adding more staff in Dubai, as the Singapore lender seeks a greater role managing the money of the Middle East’s wealthy and of Indians living overseas.

Commentary

The risks that really matter for the region

SINGAPORE (Nov 17): The world economy has not had it this good for well on a decade. Virtually every corner of the globe is enjoying growth except for countries suffering political or other crises.
Starburst Holdings

Starburst bags $6.6 mil contract in Middle East

SINGAPORE (Oct 26): Starburst Holdings announced Thursday that wholly-owned subsidiary Starburst Engineering has been awarded a $6.6 million contract in the Middle East.

Mermaid announces $9.4 mil contract win; says subsidiary ‘largely unaffected’ by Seadrill

SINGAPORE (Sept 14): Mermaid Maritime announced Thursday that it has won a long-term submarine cable survey contract in the Middle East worth an estimated US$7 million ($9.4 million). Scheduled to start in 3Q 2017, the work involves the use of a Mermai

Aviation & Engineering

How Gulf carriers are adapting their business in turbulent times

SINGAPORE (Sept 7): After enjoying a decade of unrivalled growth and earnings stability, the Middle East’s “super-connectors” – Emirates, Etihad Airways and Qatar Airways – have hit some serious turbulence this year.

Broker's Calls

PACC Offshore gets an upgrade amid tough industry times

SINGAPORE (April 12): OCBC has upgraded PACC Offshore Services Holdings (POSH) from “sell” to “hold”, with a higher fair value estimate of 33.5 cents.

Aviation & Engineering

How Middle Eastern airlines have responded to the laptop ban

DUBAI/ATLANTA (March 24): Middle East airlines scrambled to find ways to respond to a ban on electronics introduced this week.

Atlantic Navigation secures $62 mil charter contract

SINGAPORE (March 14): Atlantic Navigation Holdings (Singapore) announced Tuesday that it has won a US$44 million ($62 million) charter contract for its lift boat, the AOS Maintainer I.
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