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Asia-pacific

Saxo CEO Warns of China, Euro Concerns in 2014

Lars Seier Christensen warns of slowdown in China and on-going concerns in the Eurozone

Middle East To See A Surge In Chinese Investments In 2014

Around 74 per cent of Chinese investors polled said that they expected outbound M&A deals from the country to rise in 2014.

Japan’s Tohoku Signs 15-Year LNG Deal With Qatar

Tohoku declined to provide any details on how the Qatar gas will be priced.

Saudi Airline Flynas Targets UK And South-East Asia

One-time short-haul carrier is embarking on international expansion

Viceroy Dubai Palm Jumeirah secures $201m Funding

Industrial and Commercial Bank of China marks its first project financing deal for a hospitality project in the Middle East

Exclusive: Just Falafel Eyeing Asian And European Expansion

Fast food chain plots Asian and European expansion on top of openings in UK and North America.

UAE Plans Renewable Energy Projects In Five Pacific Nations

Fiji, Kiribati, Samoa, Tuvalu and Vanuatu will receive grants from the UAE’s $50m renewable energy fund.

Hong Kong Exchange CEO: “We Are Not Ready For China’s Boom”

Dr Li Xiaojia urges Hong Kong to boost its capabilities before it loses out to other international finance centres.

Dubai Energy Firm Secures Dhs1bn Funding For India Power Project

Coal & Oil will use the amount to complete its 1200mw thermal power plant under construction in Tamilnadu, India.

Qatar Fund In Talks To Invest $200m In Indian Property

Qatar Investment Authority is holding “conversations” with Kotak Realty Fund, says source.

Expo 2020 Allegations By Gulf News “Baseless”, Says Pakistan

The newspaper defends its decision to publish the editorial, which accuses Pakistan of betraying the UAE by not supporting Dubai during the Expo 2020 vote.

UAE Visitors To Singapore Hit 30,000 In First Half

Middle East travellers benefit from plentiful air lift, and abundant food, shopping and leisure attractions

Cathay Pacific Moves Dubai Freighter Operations To DWC

The carrier said its 14 weekly passenger services will continue to operate through Dubai International.

Qantas Issues Profit Warning; To Cut 1,000 Jobs

Surprise announcement shows Qantas continues to wrestle with fuel costs and competition

Majority of Finance Executives Are “Flexible” On Ethics

A study found that there is a significant gap between the belief about ethics and industry practices among finance executives.

Majority Of UAE NRIs Send Money Home – Survey

Up to 85 per cent of non-resident Indians in the UAE remit their salaries, revealed a survey by Friends Provident.

UAE To Send $10m To Typhoon-Hit Philippines

Typhoon Haiyan has left an estimated 10,000 people dead and four million affected after it hit land on Friday.

Open Doors For India’s Airspace?

Is India set to loosen its protectionism over the national airline sector? It’s about time it did.

Dubai’s Arabtec Forms New South Korean Joint Venture

The partnership will pursue and perform large scale infrastructure projects like metro, railway, bridge, port and tunnel projects.

S.Korea Signs $5.4bn Currency Swap Deal With UAE

The arrangement lets either country swap 5.8 trillion Korean won for 20 billion dirham, or vice versa.

De-icing And Electrical Issues Cause Fresh Dreamliner Woes

A San Diego-Tokyo flight operated by Japan Airlines returned to the US airport after anti-icing equipment failed.

Different Arab money

Malaysia, UAE Tie Up To Boost Economic Ties, Islamic Finance

The two financial hubs held a combined $181 billion in sharia-compliant banking assets as of 2011

India Sells Wheat To UAE, First Private Deal Since Late August

The UAE has purchased 30,000 tonnes of milling wheat from India.

Etihad Signs Air Baltic Codeshare And Doubles Jakarta Flights

Etihad expanding east and north as Jakarta flights set to double at the end of October and Latvian trade links to be bolstered by airBaltic’s new flights from December

Low-Cost Filipino Carrier Begins Dubai-Manila Services

The new service will offer the 500,000 Filipino expats in Dubai more travel options during peak periods.

Emirates Expands East And West

Carrier starts the new month in top gear by launching services to Clark in the Philippines, a new route between Milan and New York and its first A380 service to Brisbane

Etihad Starts Daily Ho Chi Minh Flights

New service to meet strong business and leisure demand and support UAE investments in Vietnam

UAE’s Food Imports From Victoria Up 66%

Major food exports from the Australian state include dairy, meat, fresh fruit and vegetables

Dubai, China Sonangol Sign MoU To Build Oil Refinery

Dubai-based Noor Investment Group will act as the financial advisor to Dubai’s Supreme Council of Energy on the project

Saudi’s CPC Opens $15m Marble Factory In China

The massive new factory, spread across 66,000 sqm, will import 50 per cent of its produce to Saudi Arabia, UAE and Qatar.