Kakao Entertainment will then use the capital to expand its company
Singapore
crypto business
Dubai, Singapore firms ink deal on payment gateway
Under the deal, Liminal will help Magik Labs to create a series of transit payment wallets to receive payments from their users
Abu Dhabi
Abu Dhabi’s Al Seer Marine targets $100 million in new deal with Singapore’s Netbulk
Al Seer Marine, a global leader in marine services, aims to increase its fleet to become the largest in the MEA market
coal power business
Singapore’s Sembcorp to sell India unit to Oman’s Tanweer Infrastructure in $1.5 billion deal
Sembcorp is planning to hold a meeting in November to seek shareholders’ approval of the deal, and expects to finish the transaction in six months
crypto business
Singapore’s Fintonia Group gets provisional virtual assets license in Dubai
It comes as the firm aims to tap a huge number of UAE residents who are interested in investing in cryptocurrencies
Airbus
SAMI inks deals with Airbus Helicopter, Singapore’s ST Engineering
SAMI, a conglomerate in defense industries, is a wholly-owned subsidiary of the Saudi Investment Fund of Saudi Arabia
cryptocurrencies
UAE and Singapore’s bets on cryptocurrency ‘seem promising’
The financial hubs are in a strong position thanks to their early adoption of cryptocurrency regulations and infrastructure says a leading European academic
carbon emissions
UAE and Singapore to join forces on digitalisation and decarbonisation of the maritime industry
The two countries are maritime hubs and face similar challenges to maintaining global supply chains
10-year visa in UAE
Golden Visas will attract top talent, but recruiters must ensure a good experience
Recruiters provide many with their first flavour of the region, and for many that experience is below expectations
Abu Dhabi Global Market
UAE to join Singapore Convention in support of “mediation” to resolve international commercial disputes
The UAE will be the 56th signatory to the Singapore Convention, which will help facilitate international trade and investment
Airports
Dubai’s dnata helping Singapore turn airport food waste into fish feed
Blue Aqua International will partner Dubai-based dnata, an air and travel services provider, to convert organic waste from its catering and ground handling operations at Singapore’s Changi Airport into insect protein for aquacultural use
Noticeboard
Wego inks deal with Singapore Tourism Board (Middle East)
With GCC markets predicted to be among the first to recover, travelers from the region are being invited East
Abu Dhabi National Oil Company
UAE’s Adnoc closes $600m pipelines deal with Singapore’s SWF
Abu Dhabi National Oil Company says GIC deal marks the completion of the total investment transaction worth $4.9bn
Dubai Expo 2020 Bureau
How Singapore plans to go green at Expo 2020 Dubai
Singapore Pavilion will occupy a 1,550 square metre site within the Sustainability District of the Expo 2020 site in Dubai South
Kuala Lumpur
UAE retail giant eyes more hypermarkets across Malaysia
Lulu Group plans to launch four more hypermarkets in Malaysia by the end of 2020
airport services
Dubai’s Marhaba adds Singapore to global airport lounge network
Dnata unit announces expansion of its portfolio with the launch of an airport lounge in Singapore
Abu Dhabi Investment Authority
ADIA, Singapore’s GIC invest in Indian renewable energy firm
The deal is one of the largest funding deals ever by an Indian clean energy producer