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Author: Steven Sahiounie
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says the Islamic Republic’s remarkable achievements in arms production attest to the fact that a “lively nation” can turn sanctions into opportunities.
The oil-rich emirate, rated AA or its equivalent by all three major ratings companies, is issuing a dollar deal with tranches of five, 10 and 30 years, according to a person familiar with the matter.
Injury rates at SpaceX facilities continued to exceed an industry average in 2023, according to a Reuters review of safety data reported to US regulators by the space venture controlled by billionaire Elon Musk. The 2023 records, newly disclosed by the Occupational Safety and Health Administration, also show that injury rates at some SpaceX facilities grew worse than those the company had reported in 2022. At its manufacturing-and-launch facility in Brownsville, Texas, for instance, SpaceX reported 5.9 injuries per 100 workers, surpassing its rate of 4.8 injuries in 2022 and topping a space industry average of 0.8. The company’s high injury rate…
Moroccan officials want to turn the country into an aviation hub, luring investors aiming to spread out their supply chains to more nations with available and affordable workers.
Saudi Arabia’s Flynas is looking to buy 30 widebody aircraft as airlines in the country bulk up operations to better compete with regional rivals.
Boeing is giving subcontractor Spirit Aerosystems $425 million in advance payments so it can maintain production and allow the US aviation giant to fulfill its orders, a regulatory filing showed Tuesday.
Donning hijabs and floor-length abaya gowns over shorts and tank tops, Chinese students at an e-commerce school perform into a smartphone camera as they learn how to sell the clothes to overseas TikTok users.
Tesla’s humanoid robot is still in the lab, but it may be ready to sell as soon as the end of next year, chief executive Elon Musk said on Tuesday.
RIYADH: National oil companies in Gulf Cooperation Council countries could absorb the additional investments needed to transition toward net-zero while maintaining robust credit metrics, said S&P Global.
RIYADH: The logistics sector across the Gulf Cooperation Council region is set to prosper following the Saudi Cabinet’s approval of a land transport law within the region.
