News
ABU DHABI: The United Arab Emirates is strengthening its role as a regional and global center for aircraft maintenance, repair and overhaul, supported by a large aviation market and expanding fleets operated by Emirates, Etihad Airways, flydubai and Air Arabia. Industry research cited in recent sector updates put the UAE’s aircraft MRO market at about $3.06 billion in…
Business
NEW DELHI: India and Canada issued a joint leaders’ statement on Monday after talks between Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney during Carney’s official visit to India from Feb. 27 to March 2. The statement said the two countries agreed to rebuild momentum across trade, energy,…
ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60% stake in Masdar’s Portuguese wind portfolio, the companies said. The transaction covers nine onshore wind farms in northern and central Portugal. Masdar will retain a 40% stake in the…
HARARE: Zimbabwe has suspended the export of all raw minerals and lithium concentrates with immediate effect, the Ministry of Mines and Mining Development said, ordering the restriction to be observed “until further notice.” The ministry said the suspension applies to all minerals, including shipments already in transit. Mines and Mining Development…
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of Korea’s Monetary Policy Board said it would hold the current level while assessing developments…
Travel
HANOI: Vietnam recorded its strongest ever month for inbound tourism in January 2026, welcoming nearly 2.5 million foreign visitors, according to official statistics. The total was the highest monthly figure on record and marked a sharp rise from the end of 2025, underscoring the pace of recovery…
WASHINGTON: The U.S. State Department will begin an indefinite suspension of immigrant visa processing for nationals of 75 countries on Jan. 21, applying revised screening standards under the public charge provision of U.S. immigration law. The measure pauses the issuance of new immigrant visas while the department conducts…
MENA Newswire, HANOI: Vietnam’s tourism sector is accelerating a transition toward greener and more sustainable development as authorities position the industry to support national economic growth in 2026. The shift follows a strong recovery in visitor numbers and revenues in 2025 and reflects a broader government push…
DUBAI, Nov 11: Dubai-based airline flydubai has signed the International Air Transport Association (IATA) Safety Leadership Charter, reinforcing its commitment to maintaining the highest standards of aviation safety and strengthening its internal safety culture. The signing marks a formal alignment between the airline’s leadership principles and the global…