Sunday 14 August 2022
 
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Qatar Airways takes minority stake in JetSuite

Qatar Airways has acquired a minority stake in JetSuite, a leading US private aviation company, and indirectly in JetSuiteX. Qatar Airways joins JetBlue Airways, which will be increasing its investment, and a number of private inv

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Nice attack shows need to speed up work against terror - Kerry

US Secretary of State John Kerry on Friday told his Russian counterpart in Moscow that the attack in the French city of Nice showed the need to speed up international efforts to tackle terrorism, especially in Syria. Kerry, who la

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Oil's squeeze spreads from Gulf states to banks

Low oil prices are forcing Gulf states to borrow to prop up their economies and are now taking their toll on the region's banks too, complicating their efforts to raise capital required by regulators.   The i

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UN aims to air drop food to IS-besieged city in Syria

The United Nations plans to make its first air drops of food and other aid in Syria, to Deir Al-Zor, an eastern city of 200,000 besieged by Islamic State militants, the chair of a UN humanitarian task force said.  

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Saudi offers greater role in air war on Islamic State

Saudi Arabia has decided to increase its military contributions to the campaign against Islamic State, including offering to expand its role in the air campaign, US Defense Secretary Ash Carter's spokesman said after bilateral talks.

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Coca-Cola buys into Nigerian juice maker Chi

Coca-Cola has bought a 40 per cent stake in Nigerian juice and snack producer Chi Ltd, it said on Saturday, as it continues to expand in Africa to tap a young and fast-growing population. The US drinks giant bought the stake from

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Bahraini MPs urge privatisation of top state firms

Bahraini MPs want to fully privatise some of the country’s biggest companies in which the government has a stake, pumping billions of dinars into public sector coffers. Parliament yesterday (January 26) proposed an initial 30 per cent ca

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GCC ‘playing key role against IS plots’

Gulf countries are playing a key role in supporting Western counter-terrorism operations, according to a Bahraini analyst. However, Bahrain Institute for Strategic, International and Energy Studies (Derasat) research analyst Omar Mahmood said

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IS Egypt branch suspected in plane crash remains elusive

The Islamic State branch suspected of bringing down a Russian airliner in Egypt had eluded a security dragnet by operating in secretive cells inspired by a leader who used to import clothes for a living, Egyptian intelligence officials say.

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Despair, hardship as Iraq cuts off wages in IS cities

The Iraqi government's decision to choke off funding for Islamic State by cutting off all wages and pensions in cities controlled by the group has plunged people into hardship and could help the insurgents tighten their grip, officials and

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