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United Arab Emirates (UAE)
Wealth
Abu Dhabi is the world’s newest wealth haven for billionaires
The financial flows to the UAE mark a new role for its US$509 billion ($683.3 billion) economy.
December 12, 2023
Oil & Gas
Here's what Morgan Stanley to Goldman say about Saudi output cut
The cut may support prices in the short term, but the broad market dynamics remain practically unchanged: Morgan Stanley.
June 05, 2023
Oil & Gas
Saudi Arabia goes it alone at OPEC+ with million-barrel cut
The main winner from the weekend’s OPEC+ talks was the UAE, which gets a boost to its production limit for next year.
June 05, 2023
Commodities
UAE seeks investors and buyers for blue hydrogen
The market for hydrogen is tiny today but could be worth as much as US$700 billion ($949 billion) annually by 2050.
July 16, 2021
Global Economy
Singapore overtakes US as world's most competitive economy this year
SINGAPORE (May 29): Singapore has reclaimed its position as the world’s most competitive economy for the first time since 2010, according to the International Institute for Management Development's (IMD) 2019 World Competitiveness Report released to
May 29, 2019
Update
Hyflux names UAE firm as next potential suitor with $400 mil injection deal
SINGAPORE (May 6): Hyflux has identified Utico FZE as its next potential white knight investor which might make a capital injection of $400 million, weeks ahead of its extended debt moratorium until May 24.
May 06, 2019
Small, island nations like New Zealand lead the digital pack
(July 13): Larger economies may be in danger of losing the digital race to smaller and more nimble nations.
July 13, 2017
Saudi-led alliance moves to isolate Qatar over Iran tensions
RIYADH/WASHINGTON (June 5): Saudi Arabia and three other Arab countries cut off most diplomatic and economic ties to Qatar in an unprecedented move designed to punish one of the region’s financial superpowers for its ties with Iran and Islamist groups i
June 05, 2017
Rotary Engineering announces overseas contract wins worth over $170 mil
SINGAPORE (April 11): Rotary Engineering, the regional oil and gas engineering, procurement, construction (EPC) and maintenance services value chain provider, has secured two overseas tank storage projects worth more than US$120 million ($170 million).
April 11, 2017
Alibaba Cloud expands global footprint with 4 new data centres
SINGAPORE (Nov 21): Alibaba Cloud, the cloud computing arm and a business unit of China’s Alibaba Group, says it aims to open four new data centres by end-2016 in the Middle East, Europe, Australia and Japan.
November 21, 2016