Oil holds gain as traders turn focus to decline in inventories

West Texas Intermediate traded just below $72 a barrel

Business travel

These are the world’s 10 most expensive cities for business travel

The survey was based on 2022 data for four-star hotels, meals, laundry and incidental costs

Emirates to increase flights to Sydney, Melbourne; resume service to Christchurch

Emirates to increase flights to Sydney, Melbourne; resume service to Christchurch

With the increase in flights, Emirates will be operating 63 weekly services to Australia by mid-year

These are the best passports for travellers to hold in 2023

The ranking, published by Henley & Partners, uses data from the International Air Transport Association

New York, Singapore are the World’s most expensive cities right now

Tel Aviv, which topped the rankings last year, was bumped into third position, while Hong Kong and Los Angeles rounded out top five priciest places


Oil poised for second weekly decline on gloomy demand outlook

Oil is trading near the lowest level since September

Abu Dhabi’s Al Seer Marine partners with Singapore’s Netbulk to expand freight services

The agreement will help clients mitigate supply chain uncertainties

Dubai’s Emirates to introduce premium economy to five more cities in December

The airline will be serving close to a third of its network on 85 A380 aircraft by end of the year

DBS Exchange

DBS Exchange says Bitcoin trading surged amid global selloff

The quantity of the world’s largest token, Bitcoin, bought on the members-only exchange was four times higher than April

powerful passports

These are the world’s most and least powerful passports in 2022

As recently as 2017, Asian countries barely featured among the world’s 10 most-accepted passports

Gold slumps to lowest since March 2021, dollar strength likely to continue

Gold steady as traders weigh dollar retreat, rising bond yields

Traders are awaiting more clarity on central bank action to tackle searing inflation


Gold slides to nine month low as investors turn to dollar as haven

Spot gold fell 0.5 per cent to $1,725.05 an ounce in Singapore, after falling 0.5 per cent in the previous session

Nasdaq Dubai China

Industrial and Commercial Bank of China lists five bonds worth $2.68bn on Nasdaq Dubai

The note is the first ever carbon-neutrality theme bond issued in the GCC region

expensive cities

These are the world’s 20 most expensive cities for expats

ECA International analyses the cost of consumer goods and services in more than 490 locations worldwide, while accommodation data is also factored in

Sheikh Khalifa

The world offers tributes to Sheikh Khalifa bin Zayed Al Nahyan

Sheikh Khalifa bin Zayed Al Nahyan passed away on May 13, at age 73

Dubai’s Emirates to restart services to four destinations

The carrier will also ramp up passenger services to Nigeria, Mauritius and Singapore

How Singapore became a beacon for sustainable tourism

Beverly Au Yong, area director for the Middle East at Singapore Tourism Board, explains how the city-state has become a benchmark for sustainable practices

Abu Dhabi’s Masdar to explore renewable energy export from Indonesia to Singapore

Singapore is looking to import as much as 4 GW of low-carbon electricity by 2035

Expo 2020 Dubai

How Singapore is leading the way for the recovery of the sustainable travel industry

An upcoming panel discussion at Expo 2020 Dubai later this month attempts to explore how urban design and technology will attract the next generation of travellers

Covid-19: Emirates announces flight restrictions over Omicron concerns

The UAE, UK and Singapore have announced restrictions on travel from certain countries

Expo 2020 Dubai pavilions: Ireland, Singapore, Russia, Saudi Arabia, Czech Republic, Switzerland, Bahrain, Austria

Here’s a list of eight participating country pavilions and their offerings

Qatar wealth fund builds regional hub in Singapore to diversify

The fund has vowed to invest more in Asia and the US as it pursues growth and diversification after years of substantial investment in Europe

Mubadala’s GlobalFoundries invests $4bn in Singapore chip plant

GlobalFoundries is prepping a US initial public offering that could value the chipmaker at $30bn

Dnata Blue Aqua

Dubai’s dnata partners with Blue Aqua to boost food security in Singapore

Blue Aqua will upcycle organic waste from dnata’s catering and ground handling operations into alternative insect protein for aquafeeds

Citi retail units seen fetching $6bn as sales kick off

Citigroup ultimately plans to exit retail-banking operations in Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam

Citigroup to exit retail banking in 13 markets, including Bahrain

The move is part of an ongoing review of the company’s strategy by its chief executive officer

saudi coffee

The things we buy in the pandemic to feel normal

Holding onto small culinary pleasures amid lockdowns and social distancing measures is helping people worldwide cope with the pandemic

The Nine Emperor Gods Temple in Penang

Travel review: Rediscover Singapore, Penang and Kuala Lumpur

A heady mix of cultures has influenced most facets of Malaysia and Singapore, from diverse foodie scenes to inspiring historical sites

Revealed: World’s top 10 cheapest and most expensive cities in 2019

Muscat, Abu Dhabi and Riyadh featured among the top 10 cities that saw the biggest move upwards in the ranking

Revealed: World’s most and least powerful passports

The UAE passport ranks as the fourth most powerful worldwide