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22 May 2021

Airbus to raise A320-family output

11 May 2021

Airbus is asking key suppliers to get ready for a further 18% increase in A320-family jet output by the end of 2022, on top of existing targets for this year,...

Britain injects $91 billion fund to prop up virus-hit economy

03 Mar 2021

Britain’s treasury chief on Wednesday announced an additional 65 billion pounds ($91 billion) of support for an economy ravaged by the coronavirus pandemic, extending job support programs and temporary tax...

UAE has great potential for supplying hydrogen in future

22 Feb 2021

Japan-UAE cooperation in the fields of hydrogen and ammonia can lead to the establishment of their international supply chains, a top Japanese said. “In fact, the UAE is endowed...

Boeing calls for grounding of some 777s after Denver engine fire

22 Feb 2021

Boeing orders the grounding of all 128 of its 777 planes all over the world due to the engine failure of the United Airlines flight in Denver. United, Korean...

UAE leads Mideast and Africa in terms of FDI in Biotech sector

16 Feb 2021

Business Bureau, Gulf Today The UAE has been ranked first in the Middle East and Africa region in terms of the number of new foreign direct investment (FDI) projects...

SoftBank’s Vision Fund posts $8 billion profit in 3rd quarter

08 Feb 2021

SoftBank Group’s Vision Fund unit on Monday posted 844 billion yen ($8 billion) third quarter profit as Chief Executive Masayoshi Son hailed the bounce back of his investment portfolio. ...

Dubai realty transactions top Dhs4.41 billion

04 Jan 2021

Inayat-ur-Rahman, Deputy Business Editor The real estate and properties transactions in Dubai valued at Dhs 4.41 billion in total during the week ending Dec.31, 2020. The sum of...

Japan’s consumer prices register steepest drop, slump continues

25 Dec 2020

Japan’s consumer prices fell the fastest in more than a decade, while the job market and retail sales remained subdued, data showed on Friday, raising the risks of a return...

Adnoc unlocks $2b in cost savings

12 Nov 2020

Business Bureau,Gulf Today The Abu Dhabi National Oil Company (Adnoc), announced on Thursday that it has achieved cost savings of $2 billion (Dhs7.36 billion) over the past five...

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