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Sunil Singh

Sunil Singh

Assistant Business Editor
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US Treasury Secretary Janet Yellen with incoming World Bank president Ajay Banga at the Treasury Department in Washington. Reuters
Ajay Banga takes over as World Bank president

Executive takes up role after David Malpass stepped down early following contentious climate remarks

EconomyJune 02, 2023
Sunil Singh
ICD's revenue received a boost from strong travel and tourism activity. AFP
Investment Corporation of Dubai’s 2022 net profit surges

The company reported a record $72.7bn in revenue, on the back of strong performance of travel and tourism activities and oil and gas segments

EconomyMay 31, 2023
Sunil Singh
The Ministry of Finance has brought the income of companies exceeding $102,000 within the taxable bracket. Bloomberg
How UAE businesses have prepared for corporate tax

Federal Tax Authority will be responsible for the administration, collection and enforcement of the tax

EconomyMay 31, 2023
Sunil Singh
From left, Kristalina Georgieva, managing director of the IMF, Ali bin Ahmed Al Kuwari, Qatar’s Finance Minister, and Mohammed Al Jadaan, Saudi Arabia's Finance Minister, at the Qatar Economic Forum in Doha. Bloomberg
'Don't kiss your US dollars goodbye as yet,' IMF chief says

The strength of US economy and depth of its capital markets are why the dollar is dominant reserve currency, says Kristalina Georgieva

EconomyMay 24, 2023
Sunil Singh
Shou Chew, chief executive of TikTok, told the Qatar Economic Forum in Doha that his company is 'confident that we will prevail'. Bloomberg
TikTok confident of winning Montana ban lawsuit

More than 150 million Americans use the short-video app, its chief executive says

TechnologyMay 23, 2023
Sunil Singh
Dr Sultan Al Jaber, President-designate of Cop28, Francesco La Camera, director general of Irena, and Michael R Bloomberg, founder of Bloomberg Philanthropies. Photo: Irena / Bloomberg Philanthropies
Bloomberg Philanthropies and Irena in Cop28 partnership for energy transition

Collaboration will galvanise climate action by increasing clean-energy development

EnergyMay 22, 2023
Sunil Singh
The launch of Qatar’s first cloud region follows the recent opening of a Google country office and virtual centre of excellence in Msheireb, Doha. Reuters
Google expands in Middle East with new cloud data centres in Qatar

The move is expected to contribute $18.9 billion to Qatar’s economic output between 2023 and 2030

TechnologyMay 22, 2023
Sunil Singh
Ma'aden's gross income and operating profit fell by more than 59 per cent and 71.4 per cent, respectively. AFP
Saudi Arabia's Ma'aden reports first-quarter net profit slide

Mining company says average selling prices of all products except gold fell during the three-month period

MarketsMay 22, 2023
Sunil Singh
Islamic banks in the UAE grew by 8 percent in 2022 while conventional banks grew 3 per cent. Bloomberg
Islamic banking growth outpaces conventional banks in the UAE

Sector's liquidity supported by wider availability of Islamic instruments compared to most other countries, Fitch Ratings says

BankingMay 19, 2023
Sunil Singh
The office in Abu Dhabi, pending final regulatory approval, will be Goldman Sach's first in the UAE capital. Reuters
Goldman Sachs to open office in Abu Dhabi

The investment bank, which has presence in the DIFC, seeks to grow its client base in Mena region

BankingMay 15, 2023
Sunil Singh
Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, and Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, at the meetings in Muscat. Photo: Ministry of Industry and Advanced Technology
UAE calls for higher decarbonisation investment by GCC countries

Cop28 President-designate Dr Sultan Al Jaber says the bloc represents a model for multinational co-operation

EnergyMay 12, 2023
Sunil Singh
Hamad Al Ameri, chief executive and managing director of Alpha Dhabi. Wam
Alpha Dhabi acquires National Corporation for Tourism and Hotels for $199m

Acquisition makes Alpha Dhabi largest shareholder in NCTH, with a 36.4 per cent stake

BusinessMay 11, 2023
Sunil Singh
Hatem Dowidar, group chief executive of e&. Leslie Pableo / The National
E&'s CEO to join Vodafone’s board as ties strengthen

Companies to work together on a technology road map and jointly offer services to multinational customers

TechnologyMay 11, 2023
Sunil Singh
Industrial development is a key plank of economic policy in the UAE. Photo: Emirates Steel
UAE inflation expected to fall this year, Central Bank says

The Arab world's second-largest economy was among the fastest growing in the world in 2022, enjoying strong GDP growth and moderate inflation

EconomyMay 10, 2023
Sunil Singh

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