DUBAI: Canadian aircraft maker Bombardier is intensifying its focus on emerging markets for its crucial new C-series of jets, executives said on Sunday.
"Of the order backlog so far of 262 jets, more than 50 percent is outside North America and (...)
DUBAI: Brazil's Embraer SA, the world's top regional aircraft maker, sees market potential of $14 billion for its aircraft ranges in the Middle East region in the period from now to 2030, a senior official said on Sunday.
The Sao Jose dos Campos, (...)
DUBAI: Al-Qaeda leader Ayman Al-Zawahri urged Algerians in a video released on Islamist websites on Wednesday to follow the example of Libyans and revolt against their leaders.
He also attacked military rulers in his native Egypt for maintaining (...)
ABU DHABI: Sudan may need as much as $1.5 billion of foreign aid a year and plans to slash government spending by a quarter as it faces budget difficulties due to its recent split into two countries, its finance minister said on Wednesday.
The (...)
DUBAI: A Libyan rebel government would honor all the oil contracts granted during the Muammar Gaddafi era, including those of Chinese companies, Ahmed Jehani, a senior rebel representative for reconstruction told Reuters in an interview.
"The (...)
A Bahrain emergency appeals court upheld death sentences on Sunday for two men found guilty of killing police officers during recent unrest, punishments human rights activists said were designed to prevent more protests.
Two other men who were (...)
ABU DHABI: The United Arab Emirate's top advisory council passed a new public debt law on Tuesday, marking a key step toward the issuance of the Gulf Arab state's first sovereign bond.
The law was approved by the Federal National Council, a quasi (...)
ABU DHABI: The United Arab Emirates is not worried about the dollar's weakness given low inflation, and is not considering de-pegging its dirham from the greenback, a senior central bank official said on Monday.
The dollar's slide had caused (...)
ABU DHABI: The United Arab Emirates is "very optimistic" about reaching an agreement in a dispute with BlackBerry maker Research In Motion before an official deadline, a top Abu Dhabi official said.
The UAE has threatened to suspend Research In (...)
DUBAI: A heated US debate over a planned Islamic center near New York's World Trade Center site is seen by Middle East media, scholars and citizens as more of a domestic American issue rather than an attack on their faith.
Kuwait-born Imam Feisal (...)