April 27, 2018
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April 26, 2018

Qatar Airways made a “substantial” loss in its last financial year because of a regional dispute that has banned the airline from four Arab countries, its chief executive said on Wednesday without revealing the extent of the losses.

The airline has been blocked from flying to 18 cities in Saudi Arabia, the United Arab Emirates, Bahrain and Egypt since June 2017, when those countries cut ties with Qatar, accusing it of supporting terrorism. Doha denies the charges.

“We have increased"...

April 26, 2018

Toyota Motor Corporation recently announced that it reached a landmark milestone in annual sales of electrified powertrains in 2017, with over 1.52 million sold worldwide as of February 2, surpassing the prior record set in 2016 by 8 per cent.

The numerical milestone marks back-to-back years of growth and the accomplishment of one of Toyota’s Environmental Challenge 2050 goals, selling more than 1.5 million electrified vehicles in a single year, three years in advance of the original target set for 2020, said a statement.

Additionally, cumulative sales of electrified vehicles now exceed 11.47 million, which represents"...

April 26, 2018

Choose Chicago, the official sales and marketing organisation responsible for promoting Chicago as a global visitor destination, has launched the a new holiday package, created exclusively for the Middle East market.

The new package is part of effors to entice a greater number of visitors from the Gulf countries to make Chicago their destination of choice for 2018.

The ‘Ultimate Choose Chicago Iconic Selfie Challenge’ holiday package was launched at the Arabian Travel Market, the Middle East’s largest tourism exhibition, which concludes today (April 25) in Dubai.

The holiday package was"...

April 26, 2018

Israeli forces started two days ago preparation works for the construction of a new settlement neighborhood over a Palestinian land in Sour Baher town east of Occupied Jerusalem, according to Haaretz Hebrew newspaper.

The newspaper revealed that the neighborhood is going to be built over a Palestinian land that was confiscated in 1970s, and that it will be allocated for the Israeli demobilized soldiers.

Israeli forces also started uprooting olive trees, that were planted by Palestinians in the"...

April 26, 2018

Pursuant to the Palestinian Cabinet of Minster Decision approving Shell’s exit from Gaza Marine and the restructuring of the rights in the development license for the gas field, the Palestine Investment Fund (PIF) reached an agreement with BG Great Britain Limited, an affiliate of Royal Dutch Shell PLC on its divestment from the Gaza Marine development license offshore Palestine. Following completion of this transaction with Shell, PIF received rights for 90% of the Gaza Marine license.

Under the new structure approved by the Cabinet of Minsters for Gaza Marine"...

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