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Sunil Singh

Sunil Singh

Assistant Business Editor
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Articles

Sparklo founder and chief executive Maxim Kaplevich. The company aims to collect and recycle five billion plastic bottles by 2030. Photo: Sparklo
How Sparklo aims to make recycling as easy as grabbing a cup of coffee

Generation Start-up: Abu Dhabi-based CleanTech company encourages users to trade in plastic bottles and aluminium cans for rewards

TechnologySeptember 02, 2024
Sunil Singh
The investment agreement was signed between IFC, EBRD and Bank of Palestine. Photo: Bank Of Palestine
Bank of Palestine gets equity injection to bolster postwar recovery

Two development funds step in to strengthen capital base

EconomyAugust 27, 2024
Sunil Singh
Saad Al Kaabi, left, chief executive of QatarEnergy and Qatar’s Minister of State for Energy Affairs, with Sheikh Nawaf Al Sabah, chief executive of Kuwait Petroleum Corporation, in Kuwait City. AFP
Qatar signs 15-year LNG supply deal with Kuwait

The contracted LNG volumes will be delivered to Kuwait's Al-Zour LNG terminal starting in January 2025

EnergyAugust 26, 2024
Sunil Singh
Sotheby’s auctioneer doing the auction of the supercars at an event in Dubai. Leslie Pableo for The National
Abu Dhabi fund to acquire stake in Sotheby’s in $1 billion move

Telecoms tycoon Patrick Drahi to remain majority owner of auction house

MarketsAugust 09, 2024
Sunil Singh
The narrowing trend in Brent-WTI prices is expected to continue as long as the US remains a net oil exporter and continues to expand its pipeline capacity, analysts say. AFP
Brent-WTI price gap is shrinking, raising US influence on oil markets

The spread can have significant global implications for crude, extending all the way to the pump

EnergyJuly 21, 2024
Sunil Singh
The contracts aim to support growth of Aramco’s gas production, diversify its portfolio, and add significant volumes of ethane, NGL and condensate. Reuters
Aramco awards contracts worth $25bn to boost gas expansion

The contracts relate to the development of the Jafurah gas field and other projects

EnergyJune 30, 2024
Sunil Singh
The FDI Development Programme aims to attract international companies and support the expansion of existing international companies with bases in Dubai. Bloomberg
Dubai announces $6.8bn in investment incentives

This is part of the FDI Development Programme that aims to attract $177 billion in FDI by 2033, in line with Dubai’s D33 economic agenda

EconomyJune 30, 2024
Sunil Singh
Syed Ali, left, with myZoi co-founder Christian Buchholz. The start-up has provided payroll services, domestic transactions and cross-border transfers to nearly 1,000 users during its testing phase. Antonie Robertson / The National
How UAE's myZoi is accelerating financial inclusion

Generation Start-up: The Standard Chartered-backed FinTech company aims to connect the dots between banks and the underbanked population

EconomyJune 24, 2024
Sunil Singh
An artist's impression of Al Yah 4 and Al Yah 5 satellites, which will replace Al Yah 1 and Al Yah 2, launched in 2011 and 2012, respectively. Photo: Airbus
Yahsat contracts Airbus to build Al Yah 4 and Al Yah 5 satellites

Procurement programme, including spacecraft, ground infrastructure, launch and insurance, to cost about $1.1bn

EconomyJune 10, 2024
Sunil Singh
The retail tranche will be 10 per cent, with a minimum of 10 shares each, while institutional investors will account for the rest on a pro-rata basis. Reuters
Saudi Aramco set to raise $11.2bn from secondary public offering

Company sets final offer price at Saudi riyals 27.25 a share

BusinessJune 07, 2024
Sunil Singh
President Sheikh Mohamed meets Pakistan Prime Minister Shehbaz Sharif at Al Shati Palace. Photo: UAE Presidential Court
UAE commits $10bn to boost Pakistan's economy

Pledge comes as new Prime Minister Shehbaz Sharif looks to turn around economy

EconomyMay 23, 2024
Sunil Singh
Events at DWTC last year supported more than 69,000 jobs, yielding an increase in disposable household income of Dh3.36 billion, the DWTC report indicated. Pawan Singh / The National
Dubai World Trade Centre events generated $5bn in economic output

Sectors such as hotels, air travel, local transport, retail, restaurants and business entertainment, benefitted from the 40 per cent annual increase in economic output

EconomyMay 20, 2024
Sunil Singh
More Chinese companies are expected to invest in the UAE as bilateral ties improve. Khushnum Bhandari / The National
China’s investment in UAE rose 16% to $1.3bn in 2023 as ties strengthen

The Emirates and Saudi Arabia have become gateways for Chinese companies to go overseas, senior diplomat says

EconomyMay 15, 2024
Fareed Rahman
In the UAE, e& became the first company outside North America to deploy Microsoft’s Azure Operator Nexus and Azure Operator 5G Core solutions. Photo: E-Vision
UAE's e& posts 7% rise in profit as subscriber base grows

Abu Dhabi company reports strong performance across its operations in the first quarter

BusinessApril 30, 2024
Sunil Singh
The IEA's forecast on Friday stands in stark contrast to Opec's outlook released on Thursday. Reuters
IEA lowers global oil demand forecasts on weak OECD consumption

China set to continue leading growth even as its share of the global increase slows, the Paris-based agency says

EnergyApril 12, 2024
Sunil Singh
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