ABS-CBN taps new partner for Middle East market
ABS-CBN Corp., the listed television broadcast arm of the Lopez Group, has tapped a new partner to offer additional channels aimed at Filipinos based in the Middle East.
ABS-CBN Corp., the listed television broadcast arm of the Lopez Group, has tapped a new partner to offer additional channels aimed at Filipinos based in the Middle East.

Pursuing an aggressive route expansion, flag carrier Philippine Airlines (PAL) on Wednesday announced the launching of flights to six (6) new destinations in Australia, China and the Middle East.
Low-cost carrier AirPhil Express has bared plans to start long-haul operations to the Middle East, going head-to-head with industry leader Cebu Pacific.

Crude prices rose in Asia Monday after UN chief Ban Ki Moon warned that Israel’s new resettlement plans would deal an “almost fatal blow” to any prospects for peace with Palestinians, analysts said.

International health officials have confirmed two more fatal cases of a mysterious respiratory virus in the Middle East.

Oil prices rose Friday on concerns about supply in the wake of the latest burst of violence in the Middle East.

Oil prices rose Monday after violence in Lebanon sparked fears of wider unrest in the Middle East.

Crude oil prices rose in Asia Thursday with Middle East supply risks coming to the fore after Turkey warned Syria of a tougher response if artillery shellings continue, analysts said.

As high oil prices and improved efficiency force refineries in the US and Europe toward closure, the industry is shifting toward the Middle East and Asia in a move fueled by a thirst for energy among emerging economies.
Retailer Penshoppe plans to expand its footprint in the oil-rich Middle East region where it aims to have 54 stores over the next five years as part of its ambition to globalize and become “the most admired Asian fashion brands company.”
Homegrown casual dining chain Pancake House Inc. is embarking on an overseas expansion program that aims to build a network of 300 stores—or as big as the scale of its current domestic business—in the next five to seven years.
Dubai-based Abraaj Capital—a private equity fund that counts Middle East royal families and high net worth individuals and sovereign funds as investors—is exploring more investment opportunities in Southeast Asia, including the Philippines. Abraaj Capital established its presence in Southeast Asia with the acquisition of Aureos Capital, which has become the platform for its investments in [...]