Bloomberg Southwest Airlines Co. expects to take delivery of 10 of the latest version of Boeing Co.’s 737 before it begins flying the aircraft commercially next year, a consequence of the plane’s smoother-than-expected development. The airline is still discussing a delivery schedule for the Max 8 with Boeing and plans to take the planes by late August or early ...

  New Delhi / AFP The less-than-supersonic sale of French Rafale fighter jets to India has highlighted the obstacles facing foreign arms firms seeking to do business with the world’s biggest weapons importer. India has signed a series of key defence deals under Prime Minister Narendra Modi as part of a $100 billion upgrade of its Soviet-era military hardware, making ...

  DUBAI / Emirates Business The leadership of small and medium enterprises (SME) across organizations in Europe, Middle East and Africa (EMEA) are keen to integrate digital and mobile technologies into the workplace, but over half of the same organisations do not have a strategy in place to achieve this, new research suggests. Aruba, a Hewlett Packard Enterprise company, conducted ...

  Dubai / Emirates Business Unilever, in collaboration with the Dubai Chamber’s Sustainability Network, has hosted a multi-sectoral collaboration event to galvanise support for United Nations’ Sustainable Development Goals (SDGs) as well as the goals espoused by the UAE Vision 2021. The event was held on Sunday on the Dubai Chamber premises in Deira. The multi-sectoral event, held under the ...

  DUBAI / Emirates Business The recent Middle East Job Index survey, compiled by the Middle East’s leading job site, Bayt.com, and research and consulting group, YouGov, has revealed that the majority of employers across the Middle East and North Africa (MENA) intend to hire soon, with 65% of those in the GCC planning to hire in the next three ...

  Paris / AFP Cartels only work when their members stick together — but precious little unity is likely to be on show among OPEC producers at a key meeting in Algiers on Wednesday. Members of the Organization of the Petroleum Exporting Countries seem doomed to disagree on whether to freeze production to reverse a collapse in oil prices. At ...

  Bloomberg Gulf Island Fabrication Inc. has for decades built hulking platforms to extract oil and natural gas from the seabed. With the collapse of offshore drilling, the company has turned to helping harvest another energy resource: wind. Gulf Island built all five turbine foundations for the first US offshore wind farm, which is expected to go into service in ...

  Bloomberg The oil market is in “much more critical” shape than when OPEC last met and its members must seek ways to stabilize crude prices, possibly by freezing or cutting output, Algeria’s energy minister said ahead of talks among the group’s members this week in Algiers. Saudi Arabia, the biggest producer in the Organization of Petroleum Exporting Countries, is ...

  KUWAIT / Reuters Kuwait Projects Co (KIPCO), the Gulf state’s largest investment company, said on Sunday construction had begun on its $2.0-$2.5 billion real estate project in Kuwait, which has been downsized by around half from its original estimated cost. The mixed-use project, which had previously been valued at $5 billion, was scaled down after an earlier estimate did ...

  Bloomberg China’s got the world puzzling over its oil hoard. From underground caverns by the Yellow Sea to a scattering of islands in the Yangtze River delta, the government has been stockpiling crude for emergencies in a network of storage sites dotted around the country. Record purchases this year by the world’s biggest energy consumer have helped oil prices ...