Middle East

Global Economy

Briefs

SINGAPORE (June 24): “It seems Trafigura thinks they are smarter than the market when valuing securities.”Iceberg Research, headed by Arnaud Vagner, as it accuses Amsterdam-

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,

Investing strategy

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

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 acquisit

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.

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.

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).

Aviation

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 tu

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.

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