Bloomberg Singapore Airlines Ltd., Southeast Asia’s biggest carrier, posted a surprise fourth-quarter loss after making a provision for its cargo unit, while the main carrier had a loss amid competition from budget operators in the region. The carrier reported a net loss of S$138.3 million ($99.3 million), compared with an estimate for a profit for S$54.3 million in a Bloomberg …

Doha / Emirates Business Leading global business aviation company Deer Jet, presented the world’s first 787 ‘Dream Jet’, with its Middle East debut, making a stopover at Doha International Airport. The ‘flying’ visit is part of a series of showcases across the globe in Deer Jet’s ‘Dreams Encounter the World’ tour of key international charter destinations. Established 22 years ago …

ABU DHABI / Emirates Business The Abu Dhabi National Oil Company (ADNOC) announced that it has signed an exclusive agreement with Penthol, a global organization in the supply and distribution of oil products and petrochemicals, appointing them as exclusive seller of ADNOC’s Group III base oil into the United States of America (USA). In line with its strategy to maximise …