Aramco to go ahead with plans to boost output capacity to 13 mn bpd: CEO
Aramco will go ahead with the plan despite a significant cut in capital expenditure...
Tag : coronavirus
IFC invests $70 mn in Vietnam-based Indo Trans Logistics
This is IFC’s first investment in Vietnam’s logistics sector...
Etihad Airways records losses of around $758 mn during H12020
Etihad carried 3.5 mn passengers in the six months to June 30 compared to 8.2 mn in 2019...
Philippines record worst economic slump, enters recession
The economy shrank a record 16.5% in the second quarter...
DBS Bank and IRAS join hands to digitalise tax payments
IRAS now offers PayNow QR as a payment option on its myTax portal...
UAE-based developer Azizi to construct 11,000 homes in Dubai
They will invest $952 mn over the next 2-3 years...
Air Traffic will not return to pre-Covid-19 level before 2024: IATA
Recovery in short-haul travel is still expected to happen faster than for long-haul travel...
Abu Dhabi Commercial Bank to let go 400 employees
The bank decides to cut costs amid lower oil prices and the Covid-19 crisis...
Singapore Airlines raises $542 mn by securing its aircraft
The carrier has raised long-term loans by securing some Airbus A350-900s and Boeing 787-10s...