Singapore Airlines’ flight crew at an airport in Sydney, Australia. File/Agence France-Presse
Singapore Airlines said it had secured up to S$19 billion ($13 billion) of funding to help see it through the coronavirus crisis and expand afterward, in a sign of confidence travel demand will eventually return.
Singapore Airlines and Malaysia Airlines have signed a preliminary agreement to explore a wide-ranging strategic partnership that could include more codeshare agreements as well as cargo and aircraft maintenance, the companies said.
Hotel occupancy rates of Singapore have climbed to their highest in over a decade as travellers and business events switched from Hong Kong, where pro-democracy protests have slammed tourist numbers and wider business sentiment.
Blue Whale Acquisition Corp I, a new special purpose acquisition company (SPAC) formed by Abu Dhabi’s Mubadala Capital, announced on Wednesday that it raised $200 million by offering 20 million units at $10 per unit. The units of the new entity targeting media, entertainment
Global shares rode earnings to a record high on Wednesday, while the dollar and Treasury yields languished in the wait for US employment data to provide clues to the pace of monetary tightening in the world’s biggest economy. Strong corporate profits have eased concerns over
The Sharjah Entrepreneurship Center (Sheraa) is empowering a group of tech-minded young students in the UAE by sponsoring their participation in a unique coding journey designed to develop key future skills as part of the Leagues of Code Summer Camp.
Abu Dhabi Department of Economic Development’s (ADDED) Industrial Development Bureau (IDB) announces the activation of a monitoring and self-evaluation programme for the industrial facilities in Abu Dhabi, to encourage them to self-evaluate their processes with