Business

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DP World profits reach $1.2 billion as port operator expands

Mar 15, 2018

DP World's profits rose to nearly $1.2 billion in 2017 as port operator expands in India, Brazil, Horn of Africa

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Sri Lanka lifts Facebook ban after anti-Muslim violence ends

Mar 15, 2018

Sri Lanka's government has lifted a weeklong ban on social media that was imposed because of concerns that it was being used to fan anti-Muslim violence in the country's central region

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Iraq reopens Kurdish airports to international flights

Mar 14, 2018

Iraq's civil aviation authority says airports in the country's Kurdish region are now officially reopened for international flights

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Iran signs $740 million agreement on oil project

Mar 14, 2018

Iran's state-run oil company has signed a $740 million agreement with a Russian-Iranian consortium to develop two oil fields near the Iraqi border

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Iran invites Pakistan to join port project with India

Mar 14, 2018

Iran's foreign minister has wrapped up a trip to Pakistan in which he made a surprise offer to let Islamabad take part in a major port project partly funded by Pakistan's archrival India

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Iranian parliament votes to keep 2 ministers in their jobs

Mar 13, 2018

Iranian parliament votes to keep labor, transportation ministers despite allegations of their mismanagement

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Nepal plane crash came after confused pilot-airport chatter

Mar 13, 2018

Police say a plane crash at Nepal's main airport killed 49 of the 71 people on board, as an investigation was ordered into the cause of an accident that occurred after apparent confusion over landing instructions

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Qatar, UAE extend oil field concession to Japan amid crisis

Mar 13, 2018

Qatar and the United Arab Emirates have each extended a concession to an offshore oil field they share to a Japanese consortium despite a diplomatic crisis between the two of them tearing at the region

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Plane carrying 71 people crashes, catches fire in Kathmandu

Mar 12, 2018

Officials and witnesses say a plane carrying 71 people from Bangladesh swerved erratically and flew dangerously low before crashing and erupting in flames as it landed in Kathmandu, Nepal's capital, killing at least 50 people

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French leader Macron hopes to sell jets, submarines to India

Mar 12, 2018

French President Emmanuel Macron sees "encouraging" progress in talks to sell more fighter jets and submarines to India

News

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