The US attack on Iran's nuclear sites is an escalation with an uncertain outcome; meanwhile Israel and Iran continue to trade blows, as Trump touts a ceasefire.
As a result of the conflict, oil prices have risen ahead of the US Fed's meeting this week; meanwhile many flights have been cancelled or diverted, and the safety of ships in the Strait of Hormuz is under scrutiny.
Sethi has over 20 years of experience in finance, and has worked across the shipping, logistics, metal and mining industries; the shipping firm has offices across the globe, including in Asia and the Middle East.
Jun 16, 2025
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Majed Julfar has joined the German bank in the Middle East from Etihad Credit Insurance, where he was director of trade credit insurance and export finance.
DBS and UOB are providing a $411m loan for a joint project from Singapore data centre developer DayOne and the Indonesia Investment Authority; the aim is to supply 5% of Indonesia’s projected data centre capacity by 2029.