Monday, February 18, 2019

Emirates Signs $21.4 Billion Airbus Deal, Cuts A380 Order

Emirates Signs $21.4 Billion Airbus Deal: Emirates signed an agreement with Airbus worth $21.4 billion at list prices, including dozens of A330-900 and A350-900...
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Tesla’s Latest Competitor Is a $15,500 Electric Three-Wheeler

It’s all-electric like a Tesla. It’s priced like a Ford Fiesta. It’s one of the oddest-looking vehicles you’ve ever seen -- and it may...
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Deutsche Bank AG Seeks to Rebuild in Middle East After Cost...

Deutsche Bank AG aims to rebuild in the Middle East after years of cost cutting and has hired executives to help win debt and...
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Saudi Arabia Follows Abu Dhabi to Invest in India Infrastructure

Saudi Arabia is considering investing in India’s infrastructure fund as the kingdom’s crown prince plans his debut visit to the South Asian nation next...
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Investcorp, Standard Life Start $1 Billion GCC Investment Fund

Bahrain’s Investcorp Bank BSC and Standard Life Aberdeen Plc started an $800 million to $1 billion fund to invest in infrastructure in the Gulf...
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Gucci’s 28 Percent Growth Fails to Clear High Bar Set by...

Kering SA’s Gucci label outpaced competitors in the fourth quarter, though the 28 percent sales growth won little applause from investors who had high...
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Saudi King Approves $3.1 Billion Plan to Ease Expat Fee Costs

Saudi Arabia’s King Salman has approved a plan to ease levies businesses pay on foreign workers to help revive economic growth. Authorities will exempt some...
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Kuwait Petroleum Said to Reassess $500 Billion Spending Plan

Kuwait Petroleum Corp. is reassessing plans to spend about $500 billion in capital investment and may decide this year to combine its eight business...
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Emirates’ Fatal Embrace of A380 Cuts Two Ways: David Fickling

Emirates may be about to deal a fatal blow to the world’s largest aircraft. Dubai’s national airline is considering switching 20 orders for Airbus SE...
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UAE Federal Bank to Sell Bond Following Passage of Debt Law

A federal lender in the United Arab Emirates (UAE) will be the first to utilize the country’s newly effective debt law by selling its...
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