According to the logistics provider, the new investment gives it a chance to take a more inclusive view of opportunities in the market ... ( read original story ...)
Kuwait Petroleum seeks LNG cargo for February delivery -sources
It is seeking the cargo on a delivered ex-ship (DES) basis for delivery over Feb. 14 to 15 in a tender that closes on Monday: source ... ( read original story ...)
Arab Palestinian Investment Company (APIC) achieves net profits of USD 24.65 million in 2020, a growth of 12.8% year on year
Arab Palestinian Investment Company (APIC) announced its consolidated preliminary (unaudited) financial results for 2020. In his statement, APIC Chairman and CEO Tarek Aggad announced that the company ... ( read original story ...)
BP part sells Oman gas field to Thai group for $2.6bn
LONDON: British energy giant BP on Monday said it had sold a 20-percent stake in Oman's block 61 gas field to Thailand's state-controlled PTTEP for $2.6 billion (2.15 billion euros). BP, which like ... ( read original story ...)
Singapore stocks end first trading day of the week in the red
Singapore equities ended the first trading day of February in the red as investors remained fairly cautious after a retreat on Wall Street and the declaration of a year-long state of emergency by ... ( read original story ...)
Visitor arrivals to Singapore plummet more than 80% in 2020, expected to stay weak amid COVID-19: STB
SINGAPORE: Singapore’s tourism sector experienced its “toughest year on record” in 2020 due to unprecedented global travel restrictions and border ... ( read original story ...)
India organizes charter flight from Turkmenistan
The Embassy of India in Turkmenistan and the Indian Pamposh Constructions Ltd. company organized another charter flight from Turkmenabat (Turkmenistan) to New Delhi (India), Trend reports with ... ( read original story ...)
Bank of Israel says COVID crisis has had minimal stability impact
The coronavirus crisis has had minimal impact on the stability of the Israeli financial system due regulatory moves such as loan repayment deferrals, the Bank of Israel said on Monday. ( read original story ...)
Trade between Dubai and Israel reaches Dhs1 billion in five months
The start of the engagement between UAE and Israel is set to be a turning point in the economic and investment relationship between the two countries with mutual trade expected to grow to Dhs15 ... ( read original story ...)
UAE private utility major Utico eyes $810m Dubai stock market listing
Utico, the only private water and power company in the UAE, on Monday said it intends to list the company in 2021. In a statement, Utico said its advisors were in negotiations to list the company ... ( read original story ...)