July 18, 2018 | English | عربي
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FIA 2018: Qatar Airways finalise order for Five 777...
July 17, 2018

Boeing and Qatar Airways finalised an order for five 777 Freighters at the 2018 Farnborough International Airshow. The deal, valued at $1.7 billion at current list prices, was announced as a commitment in April.

The announcement was attended by the State of Qatar's Minister of Finance and Qatar Airways Chairman, Ali Shareef Al"...


July 17, 2018

The President of the Chinese Business Council in the UAE has said that the upcoming visit of President Xi Jinping of China to the UAE will help boost economic ties between the two countries and will also create additional commercial links, to achieve the mutual goals of the business communities of both countries.

Huang Jang Zhang told the media that the economic and investment ties between the two countries reflect their keenness to promote investments and development projects.

He described the UAE"...

July 17, 2018

Pakistan’s central bank devalued the rupee for the fourth time since December seeking to slow depletion of its foreign-exchange reserves before a national election in nine days.

The currency, whose rate is set by the central bank, dropped as low as 5.3 per cent to 128 a dollar at the close, according to State Bank of Pakistan data compiled on Bloomberg. The rupee is the worst performer in Asia this year, according to a basket of 13 currencies"...

July 17, 2018

The US is planning to make severel large releases from the US Strategic Oil Reserve in an effort to lower gas prices ahead of the upcoming mid-term elections in November.

Officials from Iran have urged the US administration to hold off on selling off their strategic oil reserves, instead suggesting that they drop their sanction efforts to block Iran's oil exports.


July 17, 2018

Iraq’s electricity minister is expected to head to Saudi Arabia this week to sign cooperation deal.

Local news outlets have been reporting that Iraqi Prime Minister had ordered Electricity Minister Qasim al-Fahadawi to visit Riyadh to strike a joint deal after days of public unrest in the country poor services sweeping southern cities.


July 17, 2018

The main gates to Iraqi commodities port of Umm Qasr near Basra were reopened on Monday (July 16), officials said, three days after it was shut down by protests sweeping southern cities.

Three port officials said activities had resumed at the facility after negotiations with protesters, according to Reuters.

Earlier on Monday, three port officials said Umm Qasr commodities port"...