Aircraft orders drive US manufactured goods demand
A pick-up in aircraft orders boosted demand for big-ticket US manufactured goods in October, with numbers rising more than expected,...
Economy
UN chief hopeful Russia will extend grain deal
United Nations Secretary-General Antonio Guterres hoped Russia would extend the deal that gives safe passage to Ukrainian grain shipments. The...
Geostrategy
EGA starts 2nd phase of Al Taweelah smelter expansion ahead of schedule
Emirates Global Aluminium (EGA) has announced the start-up of the second phase of its expansion to Al Taweelah smelter in...
French firm to turn grain from Lebanon blast into compost
A French firm aims to turn tonnes of rotting grain at Beirut's devastated port into compost, the company said ,...
Middle East asset management industry grows 11% to $1.2trn
The size of the Middle East’s asset management industry grew 11 per cent from 1.1 trillion of Assets Under Management...
ENOC Misr to blend, fill lubricants at Egypt plant
A three-year partnership between ENOC Misr, a joint venture between Proserv. Egypt Group and the UAE’s ENOC, will allow the...
Emirates Development Bank allocates $8.17m to finance SMEs via Beehive
Emirates Development Bank has signed an agreement with peer-to-peer platform Beehive to expand funding options for the small and medium-sized...
Hyde to develop a five-star hotel in Dubai, first outside the US
Hyde will work with Emerald Palace Group to develop the property The hotel will be located in Business Bay For...
Iran railway company denies cyber attack
Iran's national railway company on Saturday denied having been hit by a cyber attack following reports of disruptions at train...
Morocco to acquire two Italian multipurpose frigates
The vessels Morocco is interested in are European multi-purpose frigates, better known as FREMM, an acronym derived from their French-language...
UAE consumers prefer online motor insurance
74% of the customers buy car insurance online in the UAE More than 90% of the consumers review car insurance...
UAE becomes world’s most vaccinated nation
The United Arab Emirates leads the world, with enough vaccinations to cover 72.1 percent of its population and has overtaken...
Aircraft orders drive US manufactured goods demand
A pick-up in aircraft orders boosted demand for big-ticket US manufactured goods in October, with numbers rising more than expected,...
Economy
Company News
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FIFA praises Qatar’s reforms to improve living conditions of workers
Applauding Qatar's "groundbreaking reforms" that are "changing the lives of thousands of workers for the better," FIFA President Gianni Infantino...
Business
New Kuwaiti government sworn in after political crisis
Kuwait's crown prince swore in a new government, less than a month after the emirate held parliamentary elections in which...
Geostrategy
Will immediately respond to new EU sanctions, says Iran
Iran vowed an "immediate" response to the European Union as it prepares new sanctions on the Islamic republic after over...
Geostrategy
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Iranian jet fighter crashes, three killed, reports state TV
Jet fighter crashed in a residential area of the northwestern city of Tabriz.
- Jet fighter crashed in a residential area of the northwestern city of Tabriz
- The head of the local Red Crescent said the jet smashed into a school
Business
Proof of Covid-19 vaccination, PCR test needed to enter Expo Dubai
Expo 2020 visitors will need a coronavirus vaccination or a negative PCR test to enter, organisers in Dubai has said....
- PCR tests will be free for ticket-holders with a 'network' of testing centres available across the city
- The Expo site will have mandatory masks, two-metre social distancing rules and sanitisation stations
Business
Truckmaker Scania pauses production over chip shortage
This week's suspension is Scania's first since the coronavirus pandemic forced a production halt in April 2020
- This week's suspension is Scania's first since the coronavirus pandemic forced a production halt in April 2020
- "It's a difficult period and too many things are pointing in the wrong direction," Scania spokeswoman Karin Hallstan told AFP