Economy
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US aviation regulator gives Boeing 90 days to develop plan to address quality issues
Boeing must develop a comprehensive plan to address “systemic quality-control issues” within 90 days, the head of the US Federal…
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Saudi SNB Capital launches new oil and gas fund in expansion push
Saudi investment bank SNB Capital has raised more than $230 million for a new oil and gas fund as it…
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UAE to start penalizing businesses for late registration with tax authority
The UAE will begin to levy a $2,722 (AED 10,000) fine on businesses that do not register with the tax…
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Shein considers possibility of London IPO amid US resistance to listing
Fast-fashion company Shein is considering the possibility of switching its initial public offering to London from New York because of…
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Dubai to sell 25 percent stake in public parking business ‘Parkin’ IPO
The Dubai government plans to sell a 25 percent stake in the city’s public parking business in an initial public…
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China’s COMAC to showcase C919, ARJ21 jets with flying displays in Southeast Asia
Chinese state-owned planemaker COMAC will conduct flying displays of its C919 and ARJ21 jets in five Southeast Asian countries, it…
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Treasury chief Yellen says global economy resilient, lauds US as growth driver
Strong US economic growth has been a “key driver” of better than expected global growth, US Treasury Secretary Janet Yellen…
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Qatar to invest 10 bln euros in French economy: Elysee
France and Qatar have sealed a strategic partnership under which Qatar has agreed to channel 10 billion euros ($10.85 billion)…
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WTO chief launches $50 mln fund for female entrepreneurs in developing world
The director-general of the World Trade Organization, Ngozi Okonjo-Iweala, on Sunday launched a $50 million fund to help female entrepreneurs…
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Nobel Laureate Paul Romer urges rethink about free trade that hurts the vulnerable
Nobel Laureate Paul Romer argued US policymakers need to take a more nuanced view toward trade in order to protect…
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