Monday 30 March 2015

Airbus A320 is an aviation workhorse

The Airbus A320 is the workhorse of Europe's aerospace industry, transporting more than a million people a day from business travellers to backpackers. The 150-seat medium-haul jet is one of the world's most intensively used together with its main rival, the Boeing 737.


Saudi wins back global market share with oil output push

When Saudi Arabia's oil minister Ali Al-Naimi says he does not want the kingdom to lose market share anymore, he really means it. Iraq, Venezuela, Russia and Kazakhstan all saw their oil partially replaced by Saudi crude in Asia, the United States and even Europe, with its la


V-shaped recovery in oil prices ‘unlikely’

A V-shaped recovery in oil prices is unlikely and Brent will average $52 per barrel in 2015 and $58 per barrel in 2016, a report said. In the past 15 years, the global economy was defined by rising commodity prices, zero interest rate policy, and a weak US dollar, added the "


ME banks set to raise share in transaction revenues

Middle East banks are set to increase their share of global transaction banking revenues by at least 25 per cent, according to a survey conducted by iGTB, the world’s first complete transaction banking platform. The iGTB Middle East Client Advisory Event brought together 68


Iran expands 'empire' ahead of nuclear deal

With Iran moving closer to a deal with world powers to constrain its nuclear programme in return for an end to sanctions, Arab analysts and leaders are focused more on how Tehran is working unconstrained to tighten its grip on Arab states, from Iraq to Lebanon, and Syria to Yemen.


Gulf firms go Islamic as markets deepen

Last month Vodafone Qatar, an affiliate of Britain's Vodafone Group, said it had switched all its financial activity to Islamic transactions. In the following eight trading days, its shares jumped 22 per cent in the heaviest turnover for over a year. Across the Gulf, companie

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