Sunday 30 April 2017
 
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Investcorp acquires $160m US industrial properties

Investcorp, a leading provider and manager of alternative investment products, said its US-based real estate arm has acquired a portfolio of industrial properties in Chicago and Boston metropolitan areas for $160 million. The Bahr

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Sabic, Exxon select site for US petchem JV

Sabic and ExxonMobil Chemical Company have announced the selection of a site in San Patricio County, Texas, for potential development of a jointly-owned petrochemical complex – currently under study – on the US Gulf Coast.

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Sabic, Exxon select site for US joint venture

Sabic and ExxonMobil Chemical Company have announced the selection of a site in San Patricio County, Texas, for potential development of a jointly-owned petrochemical complex – currently under study – on the US Gulf Coast.

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Emirates to reduce flights on some US routes

Dubai-based Emirates airline has announced plans to cut flights on five US routes following weakened demand after restrictions imposed by President Donald Trump's administration on some air travel, reports said. The airline wi

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US approves $1bn Iraq pilot training deal

The US State Department has approved a possible foreign military sale worth $1.06 billion to Iraq for pilot and maintenance training, contractor logistical support (CLS) for trainer aircraft, and base support, said a report. The D

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US hits Islamic State with ‘mother of all bombs’

The US dropped a massive GBU-43 bomb, the largest non-nuclear bomb it has ever used in combat, in eastern Afghanistan on Thursday against a series of caves used by Islamic State militants, a report said. It was the first time the

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US sets $319m for Kuwait airbase upgradation

The US State Department has given approval for the upgradation of the Al Mubarak Airbase in Kuwait at an estimated cost of $319 million. The construction of this airbase will enable Kuwait to enhance the operational effectiveness

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Turkish Airlines offers free wi-fi on US flights

Turkish Airlines has introduced free on-board internet services to Economy Class passengers flying to the US as a workaround to the new electronics ban enforced by the government on carriers flying in from the Middle East and North Africa.

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US vows to do more in Syria 'if needed'

The US is prepared to do more in Syria to prevent the use of chemical weapons, said its ambassador to the UN Nikki Haley following a US missile attack on Syiran air base.    "But we hope that will not b

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Saudi Arabia back US action

Saudi Arabia said it "fully supports" the US missle strikes against a Syrian air base, adding that it was a "courageous decision" by President Donald Trump.   US conducted the strike in respon

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