Washington, June 18 (BNA): General Motors Co (GM.N) on Friday raised the price of its Hummer EV pickup truck by $6,250 as it seeks to mitigate higher commodity and shipping costs amid high demand for cars and trucks, Reuters reported.The pickup, curren…

In the presence of the Minister of Foreign Affairs, Dr. Abdullatif bin Rashid Al Zayani, the embassy of the Kingdom of Bahrain in London launched today the electronic consular services system at the embassy, which was designed and implemented by the …

The airline reached 80% load factor, carrying 6.3 million passengers during May 2022.Turkish Airlines has once again taken off with successful numbers under its belt after overcoming the negative effects of the Covid-19 pandemic, which had a major impa…

It sounds crazy, yes. Take on new debt to get yourself out of the hole of bankruptcy. But LATAM execs say they have a plan, and it all makes sense as travel comes roaring back. LATAM Airlines Group SA, the largest air transport group in Latin America, …

In reference to the latest information related to easing restrictions imposed on air travel, and the removal of all health-related travel restrictions in about 25% of the countries (most of them are in Europe), the Qatar Civil Aviation Authority has is…

DOHA, Qatar, Qatar Energy announced that it has selected TotalEnergies as its first international partner in the North Field East (NFE) expansion project, the single largest project in the history of the LNG industry.The announcement comes at the concl…

Minister of Awqaf Mohamed Mokhtar Gomaa asserted that the ministry has spent EGP 9 billion for renewing and renovating around 9,000 mosques nationwide.In statements to MENA Thursday, Gomaa said the Ministry has paid more than 2.1 billion in the service…

Shanghai, Asian stocks fell, U.S. bond yields rose and a soaring dollar pushed to a two-decade high against the yen on Thursday as investors worried about the outlook for more rate rises ahead of a key meeting of the European Central Bank later in the …

Qatar Islamic Bank (QIB) received the ‘Best Islamic Bank in the Middle East, Qatar, and the UK’ awards at The Banker Islamic Bank of the Year Awards 2022 in recognition of its continuous growth and solid performance at the local, regional and internati…

CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel Wahab underlined that the authority is adopting a strategy aiming at luring investments in several top-priority sectors, topped by the industrial sector.This came in a stat…

Sharm Al-Sheikh, The Ministry of Finance and National Economy Undersecretary for Financial Affairs, Yousef Abdullah Humood, chaired Bahrain’s delegation to the annual meetings of the Islamic Development Bank Group 2022, which are being held in Sharm Al…

Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has announced the launch of the first all-inclusive online portal, offering the fastest digital solution to buy and renew insurance policies in Qatar.Developed with an inn…

Egypt’s Ambassador to Canada Ahmed Abu Zeid has praised the vital role played by Egyptian communities abroad to back the national economy.The diplomat made his remarks on Saturday 28/05/2022 at the opening session of Tibascape Exhibition, the first Egy…

Qatar Airways Group is well positioned to support the recovery of aviation, and the world economy at large, said H E Akbar Al Baker, Group Chief Executive, Qatar Airways Group in Sustainability Report for FY 2019-21. The airline takes its responsibilit…

Under the patronage of HE Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani, the Prime Minister and Minister of Interior, HE Mr. Sultan bin Rashid Al Khater, Undersecretary of the Ministry of Commerce and Industry, inaugurated the Fifth Conference on En…

Doha, Qatar, Commercial Bank, the most innovative digital bank in Qatar, won “The Most Outstanding Innovation in Fraud Detection award in the world” by Global Finance. Global Finance has named outstanding innovations in Finances across multiple categor…

Riyadh, The Kingdom’s delegation, headed by the Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef, concluded a visit to South Africa, after participating in the Africa Mining Conference “Mining INDABA 2022”, which was held in Ca…

Qatar has witnessed a significant rise in the number of Gulf and European visitors in the last month, a new report by Qatar’s Planning and Statistics Authority (PSA) revealed.In March 2022, the Gulf Corporation Council (GCC) visitors increased to 34.5%…

The Supreme Judicial Council (SJC) announced that the Investment and Trade Court will officially start its work today, Tuesday, May 10, 2022, in accordance with Law No. 21 of 2021 regarding the establishment of the Investment and Trade Court at its hea…

Major U.S. airlines, business and travel groups and other companies urged the White House on Thursday to abandon COVID-19 pre-departure testing requirements for vaccinated international passengers traveling to the United States.”Given the slow economic…

The latest data from the Planning and Statistics Authority showed an increase in the number of tourists coming to the country in March this year, by 759% over the same month in 2021 while it increased by 98.7% from February of this year.The data includ…

Washington, May 7 (BNA): America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.Friday’s jobs re…

Baghdad, The world oil price recorded a new high.The price of the July futures contract for Brent crude oil rose 0.58% to $111.54 a barrel.The price of the June futures contract for West Texas Intermediate crude rose 0.55% to $108.56.Source: National I…

Hong Kong, Asian shares tracked Wall Street gains on Thursday after the U.S. central bank raised interest rates by 50 basis points but sounded a less hawkish tone than some had feared, lifting investor sentiment and sending the dollar lower.MSCI’s broa…

Petroleum Minister Tareq el Molla said that some seven million housing units have been connected to the natural gas grid over the last eight years.In statements on Wednesday 4/5/2022, Molla said that the move came within the framework of President Abde…