Cathay Pacific Airways Ltd announced on Tuesday a recapitalisation plan worth HK$39 billion ($5.03 billion) led by the Hong Kong government to help it weather the coronavirus pandemic. The government …
The Saudi-Russia oil price war was a ‘very big mistake,’ Qatar energy minister says
The call to open the taps on oil production pulled the floor from under the market as Saudi Arabia slashed its selling prices and increased production after Russia refused to join its plan to further …
COVID-19: 4,475 passengers, mostly Egyptians, to leave Kuwait today
Move is part of effort by government to repatriate residents stranded due to COVID-19 Abu Dhabi: Today, Kuwait International Airport will witness the departure of 4,475 passengers, the majority of …
Kuwait airport comes back to life with departure of 4,475 expats
KUWAIT CITY: Kuwait International Airport came back to life with departure of 4475 passengers on 22 flights, majority of whom were of Egyptian nationality. Informed sources stated that this number of …
Dubai’s jobless rate sees a drop in May, new orders too show some gains
Thanks to a relaxation of lockdown measures, output and new orders declined at a slower rate, while unemployment had the smallest drop in three months. “The latest survey data suggested economic …
Dubai’s Economy Starting to Heal, Still ‘Long Way From Recovery’
A gauge of business conditions in Dubai bounced back to the highest since the coronavirus pandemic dragged the economy into a downturn, even as weak demand still stands in the way of a recovery.
North Korea expected to shut down all communications with the South
Since 2018, the two countries have conducted two phone calls each day on 9:00 a.m. and 5:00 p.m. local time.
Ministry of Foreign Affairs Singapore Announces Press Statement on Malaysia’s Proposal to Resume Cross-border Travel
Singapore welcomes Malaysia’s proposal to resume cross-border travel between the two countries. Ministry of Foreign Affairs Singapore are prepared to work with Malaysia to address the needs of …
How Malaysia’s Gain Secure stood tall amid Covid-19
Walter Wong, executive director of Gain Secure and former Microsoft employee, talks up how his business is coping during Malaysia’s lockdown …
ATSG Delivers Boeing 767 Freighter to Raya Airways of Malaysia
ATSG announced the delivery by its leasing subsidiary of a Boeing 767-200 converted freighter to Raya Airways of Malaysia under a five-year lease.