Boeing CEO gives updates on 737 production, certification timelines
The 737 production, since January 2024, has run into consistent headwinds after a midair panel blowout on a 737 MAX revealed quality problems...
Category : Featured
Iberdrola inaugurates facility housing Spain’s largest energy-storage battery
Iberdrola's newly installed facility at the Belvis de Monroy consists of two LFP lithium-ion battery modules of roughly 60 MWh each...
Oman’s Islamic banking reorients itself to financing “Vision 2040” tasks
As per Hussain al Lawati, CEO of the Development Bank, Islamic finance in Oman has transformed from a late entrant into a substantial component of the Sultanate’s banking system...
Post PM’s sacking, focus returns on Senegal-IMF debt talks
President Bassirou Diomaye Faye has named Ahmadou Al Aminou Lo, a seasoned economist, to replace the populist Ousmane Sonko...
Iran effect looms on Toyota as automaker records sales slump
Despite weathering the Iran war better than its global peers, Toyota still witnessed more than 90% export slump in the Middle East...
Uptick in LNG investments, gloom for oil: Key points from IEA report
IEA sees investments worth USD 2.2 trillion going to renewables, energy storage, power grids and low-emission fuels in 2026...
JPMorgan to offload exposure to USD 4 billion in private equity-linked loans
JPMorgan is in talks with investors over a transaction that would allow it to transfer risk tied to 'net asset value loans' backed by private equity fund assets...
JPMorgan, Goldman Sachs, Mizuho to guide SoftBank’s IPO efforts
SoftBank-backed SB Energy, through its IPO, is reportedly seeking a valuation of over USD 50 billion in its market debut...
Oman, UAE activate “Logistics Corridor” initiative to ease cargo flow
The "Logistics Corridor" links Oman’s ports and industrial zones with Sharjah’s ports and land transit network through the Khatmat Malaha border crossing...
Hong Kong surpasses Switzerland, becomes top cross-border wealth hub
Wealth from China and an IPO boom in 2025 helped Hong Kong rise to a USD 2.95 trillion offshore behemoth for the world's rich...