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Russian President Vladimir Putin in MC-21 airliner
August 3rd, 2026 - 12:32 GMT
P. Choiaqo

P. Choiaqo

Fully Russian jet airliner completes maiden flight

ALBAWABA - Russia’s flagship MC-21 passenger jet, manufactured entirely with materials sourced in Russia, has completed its first test flight. Russia’s locally-built commercial airliner flew for almost an hour and a half, reaching speeds of 600 kilometers per hour and altitudes of 6,000 meters. “The first assembly line produced aircraft performed well, and the flight plan was completed in full,” test pilot Roman Taskayev said following the test flight which ...
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The company is currently working with the Roads and Transport Authority in Dubai and Mubadala to look for synergies and developing the UAE project.
October 7th, 2019 - 08:36 GMT

Travel from Abu Dhabi to Dubai in 11 Minutes with UAE Hyperloop

First phase of 5G services provided through network of 2,000 towers across 20 Saudi cities.
October 7th, 2019 - 08:33 GMT

Zain Launches Region’s Largest 5G Network in Saudi Arabia

The global economy is already adjusting to the persistence of the trade war between the US and China.
October 7th, 2019 - 08:28 GMT

US-China Trade War: Major Obstacle for Global GDP Growth

The London-headquartered bank last month announced the shock exit of CEO John Flint after just 18 months in the hot seat but gave no reason for the decision.
October 7th, 2019 - 08:01 GMT

HSBC to Lay off up to 10,000 Employees

The strike has shut down GM production in the United States, impacting its operations in Canada and Mexico where thousands of workers have been temporarily laid off.
October 7th, 2019 - 08:00 GMT

UAW: General Motors Strike Negotiations Take 'Turn for the Worse'

The Middle East and North Africa (Mena) startup ecosystem is growing quickly, with $517 million being invested in 354 deals in 2019 thus far.
October 7th, 2019 - 07:45 GMT

UAE: Home to One Third of FinTech Companies in MENA

Much of Iran's natural gas comes from the South Pars field.
October 7th, 2019 - 07:35 GMT

China Withdraws $5 Billion Iran Gas Field Deal

China, Iraq, Turkey, United Arab Emirates (UAE) and Afghanistan were Iran’s main exports destination in the same period.
October 7th, 2019 - 07:29 GMT

Iran’s Foreign Trade Value Surpasses $42 Billion in H1

Saudi Arabia comes on top of Abu Dhabi's trade partners with a total amount of Dh5.1 billion during July.
October 7th, 2019 - 07:21 GMT

Abu Dhabi Non-Oil Trade Reaches $33 Billion in 7 Months

Volkswagen Turkey Otomotiv Sanayi ve Ticaret A.S. was established last week with capital of 943.5 million Turkish liras ($164.5 million).
October 7th, 2019 - 06:28 GMT

Volkswagen to Build Multi-Brand Production Plant in Turkey

Agricultural items from Europe will also be subject to the tariffs.
October 6th, 2019 - 01:00 GMT

EU to Take Retaliatory Measures in Response to New US Tariffs

Difference between exports and imports, recorded a deficit totalling BD149m during August this year
October 6th, 2019 - 12:30 GMT

Bahrain Exports Rise 2 Percent to BD187 Million

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