Airbus uses test aircraft to ferry medical supplies amid coronavirus outbreak.
European multinational aerospace corporation Airbus is expected to partially resume production and assembly work at its facilities in France and
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Business News
Chinese epicentre of Covid-19 reports no new cases after two-month ordeal.
The Chinese province at the centre of the coronavirus outbreak reported no new infections for the first time since the
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US airlines seek more than $50 billion in government assistance as coronavirus roils business.
U.S. airlines are seeking government assistance of more than $50 billion, including a mix of direct aid and loan guarantees,
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Investments in mega projects in GCC hit $1 trillion, says Strategy& ME report.
Gulf Cooperation Council (GCC) countries have planned almost $1 trillion of investment in megaprojects, as they look to transform economically
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Corona Virus slows China’s Asia projects.
From an artificial island in Sri Lanka to a bridge in Bangladesh and hydropower projects in Nepal and Indonesia, China’s
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Qatargas enters agreement to deliver 1mn tonnes of LNG to Kuwait.
Qatargas has entered into a new, long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Shell to deliver
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Trial production from Al-Khafji oil field to start soon.
Saudi Arabia and Kuwait have started preparation work to resume crude oil production from the Al-Khafji oil field jointly operated
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Kuwait’s KFH says AUB merger to create $101bn banking giant.
Kuwait Finance House has confirmed its intention to buy Bahrain’s Ahli United Bank following its ordinary and extraordinary general assembly
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Indonesia, UAE sign business deal worth about $23bn.
Indonesia signed 11 business deals with the United Arab Emirates worth a combined 314.9 trillion rupiah ($23 billion) covering investment
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KUWAIT’S FIRST HYBRID OUTLET MALL, LEISURE AND LIFESTYLE DESTINATION” Al Khiran “.
A KWD 250 million development designed to strengthen Kuwait’s position as a regional shopping, entertainment and conservative tourism destination, Al
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Fawad Chaudhry Invites Elon Musk to Set Up Tesla EV Car Plant in Pakistan.
Federal Minister for Science and Technology, Fawad Chaudhry, has invited Tesla’s owner Elon Musk to establish a factory of electric
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Kuwait inks 15-yr deal to import gas from Qatar.
State-owned Kuwait Petroleum Corp yesterday signed a long-term contract with Qatar Petroleum to purchase three million tons of liquefied natural
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Uber completes $3.1bn deal for Dubai’s Careem.
Uber on Friday confirmed the official close of its acquisition of Dubai-based car hailing app Careem for $3.1 billion. Careem
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Saipem bags $1.5bn wind farm contract.
French firm EDF Renewables has awarded a contract to Saipem for the construction of the $1.5 billion Neart na Gaoithe
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Egyptian regulators approve Uber’s $3.1bn acquisition of Careem.
Egyptian regulators have approved Uber’s $3.1 billion acquisition of regional rival Careem after agreeing to a set of commitments proposed
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