Emirates funds airlines to reach net zero emissions with $199 million
Emirates Airline announced on Thursday that it is creating $199 million fund for research and development projects…
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The Weeknd drops stage name, goes by birth name
Canadian singer-songwriter, The Weeknd, is officially going by his real birth name, Abel Makkonen Tesfaye, by…
Women make 42% of UAE aviation sector workforce
The aviation sector in the United Arab Emirates currently employs 27,000 women, representing 42 percent of the…
South Korea hikes power prices by 5.3%
South Korea is increasing electricity prices by 5.3 percent, a decision that has been delayed for over a month…
China’s central bank keeps interest rates steady
The People’s Bank of China (PBOC) has extended maturing medium-term policy loans with the interest rate at 2.75…
IMF reaches loan agreements over $1.8bln with Senegal
The International Monetary Fund (IMF) had reached an agreement with Senegal over loan facilities totaling $1.9…
Africa’s oldest lion killed in Kenya
Loonkiito, the oldest lion in Africa, and possibly the world, has been killed in Kenya at the age of 19 on…
Netflix to cut spending by $300 mln in 2023
Netflix is planning to cut its spending by $300 million this year, the Wall Street Journal reported on Friday.
HSBC sees potential in Middle East, China growth
The Middle East-China trade corridor is encouraging HSBC clients to invest in the region, as the corridor was the…
Disney+ to add Hulu content
Disney will be adding Hulu content to its streaming service, Disney+, offering a one app experience in the US,…