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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).
November 15, 2018
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
January 31, 2018
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.
December 19, 2017
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.
November 17, 2017
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.
October 26, 2017
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
September 14, 2017
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.
September 07, 2017
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.
April 12, 2017
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.
March 24, 2017
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.
March 14, 2017