Category Archives: Business & Finance

Oman Chases Bigger Slice of Maritime Oil Trade With Port Project

Oman, the biggest Arab oil producer outside of OPEC, is turning up the heat in a regional battle for business from ships in need of fuel with a $600 million deal to build storage tanks at the port of Sohar.…

Sky9 Capital Led a $5 Million Series A+ Round in China Social E-Commerce Platform Home, Inc.

HONG KONG, Sept. 25, 2017 (GLOBE NEWSWIRE) — Home Inc., a social e-commerce platform for the home furnishing industry, recently announced the completion of a $5 million Series A+ round of financing led by Sky9 Capital with participation from existing

Abu Dhabi Ports Officially Commences Operations at Fujairah Terminals

Abu Dhabi celebrated today the official commencement of operations of Fujairah Terminals in the East coast of the United Arab Emirates.

The announcement came following an official event held at Novotel Fujairah, attended by Sheikh Saleh bin Mohammed Al Sharqi, …

Tamil Nadu: DG Shipping to help rescue stranded Indian sailors

In a temporary relief for 25 Indian sailors stranded onboard the arrested merchant ship in Fujairah in UAE with deplorable living conditions, the Directorate General of Shipping has taken note of the issue following various complaints and media reports.

DC …

Abu Dhabi Ports Officially Commences Operations at Fujairah Terminals

Abu Dhabi celebrated today the official commencement of operations of Fujairah Terminals in the East coast of the United Arab Emirates.

The announcement came following an official event held at Novotel Fujairah, attended by Sheikh Saleh bin Mohammed Al Sharqi, …

Extension of Opec deal likely as oil prices rally

Opec may be encouraged to extend the current deal to limit output beyond March as oil prices appreciate due to reduction in supply, analysts said.

In December last year, the Organisation of the Petroleum Exporting Countries (Opec) and other producers …