Daily Archives: January 6, 2019

Asia bunker markets set for changes as IMO 2020 sulfur cap looms

Bunker fuel markets in Asia are speeding up for a wave of changes in 2019, as the industry accelerates towards the International Maritime Organization’s global sulfur cap rule starting January 1, 2020.

While supply and demand dynamics remain uncertain ahead …

الكويت تطلب من دبي الإفراج عن نصف مليار دولار لصندوق الإستثمارات الخاصة والمجمدة لأكثر من عام في نزاع طويل الأمد.

واشنطن – 6 يناير 2019: / بي آر نيوزواير / —  أعلن صندوق الموانئ اليوم أن الكويت قد انضمت إلى جهوده التي إستمرت منذ عام لاسترداد مبلغ 496 مليون دولار أمريكي من أموال المستثمرين والذي تم التحفظ عليه في دبي.

Kuwait Requests Dubai Release Half-Billion Dollars in Private Equity Funds Frozen for Over a Year in a Long-Running Dispute

WASHINGTON, Jan. 6, 2019 /PRNewswire/ — The Port Fund today announced that Kuwait has joined its year-long effort to recoup $496 million of investor funds that have been held in Dubai.

Port Fund Logo

The State of Kuwait has formally requested that Dubai

FNC delegation to visit European Parliament tomorrow

BRUSSELS, A delegation from the Federal National Council, FNC, headed by Dr. Amal Abdullah Al Qubaisi, Speaker of the FNC, will make an official visit to the European Parliament in Brussels on 7th-11th January.

The delegation will meet with the …

Deposit outvalue loans by AED85 bn in 11 months

ABU DHABI, Deposits outvalued loans at UAE-based banks by AED85 billion during the first 11 months of 2018, according to Central Bank of United Arab Emirates.

The Eligible Liquid Assets Ratio rose by the end of November to 17 percent …

AFC Asian Cup: Thailand 1-4 India

ABU DHABI, Sunil Chhetri scored twice as India beat Thailand 4-1 to begin their AFC Asian Cup UAE 2019 Group A campaign in fine style on Sunday.

On a pleasant evening in Abu Dhabi, it was Thailand who threatened first, …