Saturday 7 March 2015
 
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Iran buys 85,000-tonnes wheat in first deals for weeks

Private Iranian companies have bought about 85,000 tonnes of wheat to be sourced from the European Union and Black Sea regions in their first purchases for several weeks, European traders said on Thursday. The grain was for March

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Iran, world powers to hold nuclear talks on March 5

Senior officials from Iran and six powers negotiating with Tehran over its nuclear programme will hold more talks in Montreux, Switzerland on March 5, the European Union said on Friday. The talks between political directors will b

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Dubai signs EU air navigation services deal

Dubai Air Navigation Services (Dans), the air navigation service provider for Dubai’s two international airports and the airspace of the Northern Emirates, has signed a co-operation agreement with Eurocontrol, an intergovernmental air traf

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Air Arabia may lease aircraft for EU, North Africa expansion

Dubai-listed low-cost carrier Air Arabia could lease aircraft to expand capacity into Europe and North Africa instead of ordering new planes, its chief executive said on Sunday. The budget carrier announced this month it had bough

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EU widens trade row with new Boeing subsidy claim

The European Union has opened a new front in a decade-old dispute over aircraft subsidies, launching a complaint at the World Trade Organization (WTO) alleging illegal tax breaks in Boeing's home state of Washington. The EU sa

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EU bans export of jet fuel used by Syrian air force

European Union governments agreed on Friday to ban the export of jet fuel to Syria from December 14, saying it was being used by the Syrian air force for indiscriminate attacks against civilians. The ban also covers finance and in

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EU may scrap plan to separate bank trading

The European Union may ditch plans to force banks to keep high-risk trading activities separate from their main businesses because of opposition from some member states. European commissioner Jonathan Hill said in a letter to seni

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Airbus faces tense annual orders race

Europe's Airbus sold 248 jets in November, but remained behind Boeing as both planemakers accelerated towards what could be a tight finish to their annual order race. November's Airbus sales included a total of 120 A320-fa

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ADIB offers low-risk exposure to EU equities

UAE-based Abu Dhabi Islamic Bank (ADIB) said it is offering a new 100 per cent capital-protected note that gives investors exposure to European equities. Having suffered in the wake of the global economic crisis, European equities

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Putin to leave G20 summit early after US, EU flak

Russian President Vladimir Putin plans to leave the G20 summit early, a member of his delegation said, after Western leaders blasted Moscow on Saturday for the crisis in Ukraine and threatened more sanctions. The Russian official

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