Economy

Naim Ibrahim Al-Naim, director of King Abdulaziz Port, has inaugurated its locally manufactured Zamil 602 vessel at its shipyard at King Abdulaziz Port in Dammam. The Zamil 602 was manufactured at...
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Shell CEO meets Putin in bid to expand Russian projects

MOSCOW: The chief executive of Anglo-Dutch energy giant Royal Dutch Shell Ben van Beurden met President Vladimir Putin at his private residence, telling the Russian strongman that the company wanted t



Taiwanese auto company to compete in the UAE market

Luxgen, Taiwan’s premium automotive brand, has arrived in the UAE with its range which includes SUV and MPV, offering top technological features.



Europe car sales rise for seventh straight month

PARIS: European car sales advanced a seventh consecutive month as new models to replace aging vehicles and an economic rebound in Britain boosted demand at Renault, Ford and Peugeot Citroen.



Facebook rolls out 'nearby friends' feature

SAN FRANCISCO: Facebook has begun rolling out a feature allowing users of its mobile app to use smartphone location to discover friends near them.





Ford launches luxury Lincoln brand in China

WASHINGTON: Ford Motor launched its luxury Lincoln car brand in China, just days ahead of Beijing’s auto show in the world’s largest car market.



Etihad toughens stance on Alitalia deal but talks continue

ROME: Etihad Airways has toughened its stance on conditions for investing in Italy’s struggling Alitalia in continuing negotiations between the airlines, sources close to the matter said.



Emirates reduces flights to 41 destinations for 80-day period

DUBAI: Emirates airline will continue to serve all of its worldwide destinations during the 80-day period of runway upgrading works at Dubai International starting May 1.

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