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Southeast Asia sees FDI boom, thanks to trade war

Bloomberg Southeast Asia is seeing a boom in foreign direct investment as the intensifying trade war between the US and China prompts companies to shift production to the region. Vietnam saw manufacturing inflows jump 18 percent in the first nine months of 2018, driven by investme- nts including a $1.2 billion polypropylene production project by South Korea’s Hyosung Corp, according ...

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Musanada handles services worth AED468 million

ABU DHABI / WAM The Facility Management Division of Abu Dhabi General Services Company, Musanada, has carried out maintenance of 120,000 assets belonging to 1,000 buildings for 31 government clients across Abu Dhabi, Al Ain and Al Dhafra region, totalling AED468 million. Helal Al Blooshi, Musanada’s Acting Executive Director of Facility Management Division (FMD) said that company’s call centre receives ...

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Etihad Airways, Saudia enter codeshare partnership

Abu Dhabi / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, and Saudi national flag carrier, Saudia, have announced a new codeshare partnership, providing customers with access to more than 40 leisure and business destinations in the home markets and across the world. In addition to the codeshare agreement, the two carriers also announced plans for ...

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