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Singapore’s top stock of this year is facing a rougher ride in 2021

Bloomberg Equity investors have given Singapore’s Sembcorp Industries Ltd. a big thumbs-up this year after it shed its loss-making marine unit. But 2021 may prove to be a lot less euphoric, according to analysts. The utilities firm is 2020’s top gainer on the benchmark Straits Times Index, after being the worst performer in the preceding five-year period. However, concerns over ...

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UAE welcomes formation of new government in Yemen

ABU DHABI / WAM The UAE has welcomed the implementation of the Riyadh Agreement between the legitimate Yemeni government and the Southern Transitional Council. It further welcomed the formation of a government of political competencies in Yemen, and expressed its hope that this will be a step towards a political solution and an accelerated end to the Yemeni crisis. In ...

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UAE, US explore opportunities to develop clean energy projects

Abu Dhabi / WAM Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, was joined by Carlos Pascual, Senior Vice President for Global Energy at IHS Markit, during the Abu Dhabi Sustainability Week (ADSW) Web Series, which was held in partnership with the Atlantic Council. Joining the episode from Jakarta, Indonesia, Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar ...

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