Saudi Arabia to launch a new airline
RIYADH: Saudi Crown Prince Mohammed bin Salman on Sunday announced the creation of a new national airline “Riyadh Air,” wholly owned by the Public Investment Fund, the Saudi Press Agency…
RIYADH: Saudi Crown Prince Mohammed bin Salman on Sunday announced the creation of a new national airline “Riyadh Air,” wholly owned by the Public Investment Fund, the Saudi Press Agency…
NEW YORK: Silicon Valley Bank, one of the tech sector’s favorite lenders, is shutting down. The California Department of Financial Protection and Innovation said Friday that it was taking over…
TEHRAN (Agencies): Iran and Saudi Arabia have agreed to re-establish ties and reopen embassies within two months, according to Iranian and Saudi state media. The agreement came after talks held…
MOSCOW: Indian company Allied Blenders & Distillers (ABD), which produces the world’s third-most-popular whisky, Officer’s Choice, is planning to enter the Russian market, according to business daily Kommersant. Russian vodka…
Abu Dhabi: Abu Dhabi’s International Petroleum Investment Co (IPIC) and its unit Aabar Investments PJS have agreed to pay $1.8 billion to settle a legal dispute over the scandal at…
ATHENS: Two trains collided head-on in Greece killing at least 32 people and injuring 85 late on Tuesday night, the fire brigade said, but the cause of the deadliest rail…
TORONTO: Air Canada has launched a pilot project that enables travelers to use facial recognition technology to confirm their identification. The system is designed to make the overall travel and…
LONDON: Car production in Britain fell slightly in January as thousands continued the shift towards electric vehicles which experienced a nearly 50 percent increase.Despite global economic instability, car production fell…
WASHINGTON: Pratt & Whitney has been cleared to restart deliveries of F135 jet engines—two months after the Pentagon ordered a hold on deliveries following the crash of an F-35B in…
MELBOURNE: Korea Aerospace Industries has won a competition to supply light attack aircraft to Malaysia, the company announced, marking its latest export for the line of trainer/light attack jets.The South…