DUBAI / WAM Regional aircraft markets will need $600 billion in investments to meet the demand for 150-seat 10,550 aircrafts by 2038 due to rise in air travellers, according to Embraer, the Brazilian aerospace conglomerate. Market growth will drive 65 percent of this demand for the aircrafts, while the remaining 35 percent will replace ageing aircrafts, it said in a ...

DUBAI / WAM Dubai Cares has announced its support of a two-year research and design phase of a project that aims to provide continuous quality education for children whose education has been disrupted by rapid onset or protracted crises. Dubai Cares is contributing AED1,102,050 ($300,000) to the project. The research explores the development of a global quality learning curriculum framework ...

Bloomberg Saudi Arabia, the world’s biggest oil exporter, lowered pricing for September sales of all crudes to Asia while raising prices to buyers in northwest Europe and the Mediterranean region. State-owned Saudi Aramco cut pricing for its flagship Arab Light crude to buyers in Asia by 75 cents, to a $1.70 a barrel premium over the Oman-Dubai Middle Eastern benchmark, ...