Wednesday 24 August 2016
 
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Airbus says plans to lift A320 production still warranted

Airbus's plans to raise production of its top-selling A320 family of single-aisle jets are "still warranted", the European planemaker's sales chief said on Tuesday, amid aviation industry concerns about a faltering global econo

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Airbus says plans to lift A320 production still warranted

Airbus's plans to raise production of its top-selling A320 family of single-aisle jets are "still warranted", the European planemaker's sales chief said on Tuesday, amid aviation industry concerns about a faltering global econo

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Qatar Air mulls raising stake in BA owner

Qatar Airways is considering further increasing its stake in British Airways owner  IAG SA after the UK-based company lost a third of its market value in the fallout from the country’s vote to leave the European Union, said a report c

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TSC event raises cancer prevention awareness

The Sultan Center hosted a lecture to raise awareness on cancer prevention at the TSC Sharq, under the theme of 'I Cancervive,' in collaboration with Cancer Aware Nation Association (CAN).   Driven by its

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Saudi ACWA Power plans to raise $8bn debt

Saudi Arabia's ACWA Power plans to raise $8 billion of debt in the first half of this year to finance projects that will help to boost its generating capacity by a third by the end of 2016, its CEO told Reuters.  

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BBK plans bonds issue to raise $265m

Bank of Bahrain and Kuwait (BBK), Bahrain’s fourth-largest bank by assets, is raising its capital by BD100 million (approximately $265 million) through an issue of convertible bonds, it has emerged. The proposal to launch the convertible

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Qatar raises local gasoline price by 30pc

Qatar has raised raise domestic prices of gasoline by 30 per cent from midnight on Thursday, the official Qatar News Agency (QNA) reported, as low oil and gas prices put the squeeze on the national budget.   The

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Saudi Arabia raises February crude prices to Asia

Saudi Aramco on Tuesday raised its February price for Arab Light grade for Asian customers by $0.60 versus January to a discount of $0.80 a barrel to the Oman/Dubai average.   Saudi's monthly oil prices set t

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ArabiaWeather to raise $5m funding

ArabiaWeather, a leading weather company in the Middle East, has launched a new round of funding totalling $5 million, following the $2.1 million it raised earlier this year.   The round, one of the largest ventu

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Standard Chartered mulls raising at least $4bn

Standard Chartered has held talks with bankers on raising at least $4 billion as UK reglators tighten scrunity on lenders with exposure to emerging markets in a second round of stress tests, Bloomberg reported on Thursday.  

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