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Russian President Vladimir Putin in MC-21 airliner
August 3rd, 2026 - 12:32 GMT
P. Choiaqo

P. Choiaqo

Fully Russian jet airliner completes maiden flight

ALBAWABA - Russia’s flagship MC-21 passenger jet, manufactured entirely with materials sourced in Russia, has completed its first test flight. Russia’s locally-built commercial airliner flew for almost an hour and a half, reaching speeds of 600 kilometers per hour and altitudes of 6,000 meters. “The first assembly line produced aircraft performed well, and the flight plan was completed in full,” test pilot Roman Taskayev said following the test flight which ...
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US dollars. (File photo)
June 15th, 2017 - 09:29 GMT

Egypt's Central Bank Removes Limits on Foreign Currency Transfers

Trash builds up in Lebanon's capital. (Joseph Eid/ AFP)
June 15th, 2017 - 08:07 GMT

Corruption At the Heart of Lebanon's Garbage Crisis: Report

People protesting Egypt ceding sovereignty over the islands to Saudi Arabia at a demonstration in Cairo on June 13, 2017. (Muhammad Abd El Ghany/ Reuters)
June 15th, 2017 - 07:28 GMT

It's Done: Egypt Approves Red Sea Islands Transfer to Saudi Arabia

IMF's chief Christine Lagarde says loans to countries like Tunisia are a 'token of support'. (AFP/ File)
June 14th, 2017 - 09:00 GMT

IMF's Second Loan Installment to Tunisia a 'Token of Support': Lagarde

Iran's oil exports to Europe in May surged to their highest level since the lifting of sanctions in early 2016. (AFP/ File)
June 14th, 2017 - 08:00 GMT

Iran's Oil Recovers Share Lost to Saudi Arabia in Europe

OPEC has expressed concerns about an excess supply on the market as a result of the recovery in Libyan oil production. (AFP/ File)
June 14th, 2017 - 07:00 GMT

Libya, Germany Sign Deal to Boost Oil Production in July

The new rules provide an opportunity for fintech businesses around the world to expand and thrive in Bahrain and the Gulf. (Eric Piermont/ AFP)
June 14th, 2017 - 06:45 GMT

Bahrain Launches New Rules for Fintech Firms

Saudi Arabia has plans for a free economic zone in Jeddah. (JEC)
June 14th, 2017 - 06:00 GMT

Saudi Arabia to Launch a New Free Economic Zone in Jeddah

The US and Europe were Turkey's top destinations for its military exports last year. (AFP/ File)
June 14th, 2017 - 05:00 GMT

Turkey's Military Industry Grows Over 20 Percent: Report

German Chancellor Angela Merkel and other leaders pose for a picture during the two-day G20-Africa partnership investment conference in Berlin on June 12, 2017. (John Macdougall/ AFP)
June 14th, 2017 - 01:38 GMT

Germany Announces $338 Million of Financial Aid to Tunisia

Experts argue that firms in the Middle East seldom possess appropriate security training or awareness programs.
 (Pixabay)
June 14th, 2017 - 10:59 GMT

GCC Businesses Face a Major Cybersecurity Deficit: Experts

UAE companies will have to allocate funds and be actively involved in social responsibility initiatives by end of 2017. (File photo)
June 14th, 2017 - 09:00 GMT

Philanthropy No Longer a Choice: UAE Makes CSR Compulsory for Companies

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