Economy
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Saudi announces new natural gas discoveries in the Empty Quarter, Eastern Province
Saudi Aramco has disovered two new fields for natural gas in the Empty Quarter region, the state news agency quoted…
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India seen keeping rice export bans well into 2024, holding up global prices
India, the world’s top rice exporter, is expected to maintain its curbs on overseas sales well into next year, a…
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Berlin summit to foster economic reforms, investment in Africa
Leaders from more than a dozen African countries are heading to Germany for the G20 Compact with Africa conference, which aims to help bolster…
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Dubai Airports forecasts annual passenger traffic at 86.8 mln, surpassing 2019 level
Propelled by strong growth throughout the first three quarters of the year and anticipation of an exceptional surge in guest…
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Pakistan wins initial IMF approval for $700 mln payout deal
Pakistan secured initial approval from the International Monetary Fund for the release of the next loan tranche from a $3…
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Israel’s economic growth may weaken by year-end due to conflict with Hamas
Israel’s economy grew solidly in the third quarter, although less than estimated, data from the Central Bureau of Statistics showed…
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Airlines in last-minute talks to sort out engine issues, rescue Dubai Airshow deals
Emirates and Rolls-Royce sought to narrow differences over engine pricing on Wednesday as the Dubai Airshow entered a third day…
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US seen adopting measured approach on Russian oil sanctions to avoid lifting up price
The US has been ratcheting up its scrutiny of ships and compa-nies that support the Russian oil trade in recent…
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Singapore Airlines expands Philippine reach with new code share pact
Singapore Airlines Ltd. has added another regional partner, signing a deal with Philippine Airlines Inc. that will allow it to…
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Financial penalties loom for banks lagging on climate change action: ECB
The European Central Bank on Tuesday threatened to impose financial penalties on banks who are slow to minimize climate change-related risks stemming from…
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