Saudi Arabia received offers to supply solar electricity for the cheapest prices ever recorded, marking the start of a $50 billion program to diversify the oil producer’s domestic energy supplies away from fossil fuels, says Bloomberg.
Hussain Sajwani wants the world to know he’s Donald Trump’s man in the Middle East. From his perch in Dubai, the billionaire real-estate mogul is busy working to strengthen — and promote — his relationship with the Trump Organization. And he’s making no apologies, whatever critics might say about potential conflicts for America’s first family, reports Bloomberg.
Poseidon is wading into the battle between U.S. crude and Middle East supplies in the world’s biggest oil market, reports Bloomberg.
Solar plants that supply electricity at competitive prices after the sun goes down are about to become a reality in the Middle East, according to one of the region’s biggest developers of power plants, reports Bloomberg.
The retail-investor driven rally that’s made Damac Properties Dubai Co. PJSC the emirate’s best-performing stock this year may be over for now, at least one technical indicator suggests, according to Bloomberg.
Turkish Airlines said it expects measures barring laptops from the cabins of aircraft leaving Istanbul for the U.S. to be lifted Wednesday, while Emirates is counting on the curbs being removed from its Dubai hub soon, and Saudi Arabian Airlines predicts it will be free of the ban in two weeks, according to Bloomberg.
Emirates aims to continue a push to streamline after years of rapid growth, according to people with knowledge […]
Emirates, the world’s biggest long-haul airline, said measures barring laptops from the cabins of aircraft departing its Dubai base for the U.S. have been lifted, reports Bloomberg.
Have you ever dreamed of swimming through the clouds? Gracefully gliding through the sky above a world in miniature below.
There has been a ‘significant return to lending’ by financial institutions in the Emirates, according to a new report.