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Brent hits 3-month top above $114 on supply worries

All threats "dwarfed" by Iran nuclear work - Israel PM; Asian shares steady, growth worries limit gains; Brent to drop back to $111.31 -technicals

August 13, 2012 10:17
 
Dubai's Drydocks restructuring hit by Singapore snag

Dubai's Drydocks restructuring hit by Singapore snag

Legal proceedings in the $2.2 billion debt restructuring of Dubai World's shipbuilding unit have been delayed due to a court challenge in Singapore over a rig-building contract, a lawyer said on Monday

May 7, 2012 3:40
 
Malaysian tycoon adds satellite firm to asset mega-sale

Malaysian tycoon adds satellite firm to asset mega-sale

Malaysia's second-richest man Ananda Krishnan plans to sell satellite operator MEASAT Global Bhd, Singapore's Straits Times newspaper reported, soon after initiating the sale of $3 billion worth of power assets that signal a move to cast off risky operations.

February 29, 2012 1:15
 

Singapore defends trading firm targeted by US over Iran

US sanctions against Singapore oil trader Kuo Oil Pte Ltd are "unilateral" and "above and beyond" the curbs agreed on by the United Nations Security Council,Singapore's foreign ministry said late on Friday.

January 14, 2012 5:35
 

UAE cites $80-$100 “reasonable” oil price

UAE oil min Hamli says $80-$100 oil is reasonable; UAE not cutting back on extra output yet

October 31, 2011 10:54
 

ADNOC to double crude sales, eyes supplying Singapore unit of China firm

Abu Dhabi National Oil Company will nearly double its crude sales to China National Petroleum Company (CNPC) under a 20-year agreement it signed last week, and also aims to supply the Singapore unit of the Asian major, an ADNOC executive said.

July 20, 2011 10:33
 
Hopeful return of Shari’a: bankers to resuscitate Islamic finance

Hopeful return of Shari’a: bankers to resuscitate Islamic finance

Stained by the debt crisis and shaky legal foundations, can bankers breathe new life into ailing global Shari’a banking sector?

June 7, 2011 12:06
 

Abu Dhabi broker eyes share of FX, commodity trading

ADS Securities aims to bridge gap in Asia, Europe trade; Plans to begin commodity broker services in 2011; Firm is market maker in forex, to start Singapore operations

May 15, 2011 3:34
 

Gulf high on global rich list

Three of the top six countries by proportion of millionaires are in the Gulf, says a new report.

June 12, 2010 3:30
 
UAE banking: Can it ever rival European centers?

UAE banking: Can it ever rival European centers?

Private banking hubs are flourishing in the region, attracting money from all over the world. Is this a window of opportunity for the UAE to become a global banking center?

May 18, 2010 10:53
 
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