France beat England to book a semi-final date with Morocco
Following a 2-1 victory over England at Al Bayt Stadium, France advanced to the semi-finals of the Qatar 2022 FIFA World Cup where they will...
Month : December 2022
Air India is set to finalize an order for 150 Boeing 737 Max jets
Air India was close to signing an agreement with Boeing Co to purchase 150 of the brand-new 737 Max jets. According to a media report,...
COVID infections increase in China after controls are loosened
After the Communist Party loosened anti-virus rules as it tried to reverse a deepening economic slump, a surge of COVID-19 cases was reported in schools...
US Treasury has penalized a prominent Turkish executive with Iran oil sanctions
A prominent Turkish businessman has been sanctioned by the Biden administration for violating U.S. restrictions on the sale of Iranian oil, the Associated Press reports....
Spending by governments on clean energy transitions rises to $1.2 trillion
As the global energy crisis spurs new policies aimed at cutting reliance on fossil fuels, global government spending on clean energy has risen by more...
UAE implements federal law to charge nine percent corporate tax on profits
The UAE issued Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (the “Corporate Tax Law”). From 1 June 2023, businesses...
Japan provides $110 million soft loan to support the energy sector in Jordan
The Jordanian Ministry of Planning and International Cooperation signed a Memorandum of Understanding (MoU) for a 15 billion JPY ($110 million) soft loan provided by...
Pakistan urgently seeks $3 billion from KSA after plunge in forex reserves
Pakistan has requested Saudi Arabia to urgently provide $3 billion in cash after its foreign exchange reserves fell to a critically low level. During his...
With a $30 billion power grid upgrade, India to triple clean-power capacity by 2030
In order to achieve its goal of nearly tripling the country’s clean-power capacity by 2030, the Indian government, under Prime Minister Narendra Modi, has unveiled...
Air India to spend $400 million on the refurbishment of its Boeing 777s and 787s
Air India will undergo a complete overhaul of its aircraft interiors, including installing premium economy seats. The airline has allocated a $400 million budget to fixing...