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Massoud A Derhally

Massoud A Derhally

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Articles

Virgin Hyperloop One has announced a new record speed in its latest trials. Courtesy Hyperloop One
Exclusive: Virgin Hyperloop One to roll out technology by 2019

Richard Branson's Group announced investment in Hyperloop One in October

TechnologyOctober 31, 2017
Richard Branson, with Saudi Crown Prince Mohammed bin Salman, said that Virgin Galactic would send its first aircraft into space within three months, with Virgin Orbit launching satellites within four months. Courtesy: Saudi Press Agency
Saudi Arabia’s PIF agrees to invest $1bn in Virgin Galactic spaceship company

The agreement includes option for $480m in additional investments

EconomyOctober 26, 2017
Richard Branson, the founder of the Virgin Group, is the first international investor to commit to the kingdom’s Red Sea project. Scott Barbour/Getty Images
Exclusive: Branson is bullish about economic prospects of Saudi Arabia

British billionaire already plans to invest in Red Sea Project

EconomyOctober 26, 2017
Yasir Al Rumayyan, chief executive of the Public Investment Fund, said the fund will continue to diversify and embrace different facets of the economy. ANDREW GOMBERT/EPA
Saudi's PIF targets US$2 trillion worth of assets by 2030

Fund's managing director insists Saudi Aramco IPO remains on track

EconomyOctober 25, 2017
Saudi Crown Prince Mohammed bin Salman attends the Future Investment Initiative conference in Riyadh AFP
Saudi Crown Prince promises return to 'moderate open Islam'

At global conference in Riyadh Crown Prince tells audience that country wants to go back to how it was before 1979

October 25, 2017
Dubai aims to boost its GDP. Hamad I Mohammed/Reuters
Dubai targets right medicine to boost growth

Vision for industrial development no longer just revolves around processed foods and beverages or electrical machinery, equipment and chemicals

BusinessSeptember 10, 2017
Adel Ali believes the future of air travel will be dominated by low cost airlines Satish Kumar / The National
The best is yet to come for Air Arabia

As some carriers reassess their business model Air Arabia continues to explore new frontiers

AviationAugust 19, 2017
Air Arabia expects to have load factor of about 80 percent in the future as it continues to report robust growth from its four hubs Satish Kumar / The National
Air Arabia may consider Boeing, Airbus or Embraer aircraft as it looks to future fleet

The carrier reported a 21 percent increase in second quarter earnings defying an economic slow down

AviationAugust 13, 2017
Chairman and CEO of Emirates Airline and Group Sheikh Ahmed Bin Saeed Al Maktoum says the carrier will decide which aircraft it will go with by the end of 2017 Giuseppe Aresu for The National
Emirates to decide by year end on Boeing or Airbus multibillion dollar order, says Sheikh Ahmed

The carrier is weighing a decision between Airbus' A350 and Boeing's 787 Dreamliner widebody aircraft

AviationAugust 01, 2017
French football club Paris Saint-Germain is actively courting FC Barcelona's Neymar. Justin Tallis / AFP
Emirates to continue sponsorship of Paris Saint-Germain

The Dubai-based airline has sponsored the French football club since 2006

AviationAugust 01, 2017
SMEs continue to be the backbone of the economy. Jeffrey E Biteng / The National
SMEs to play salient role in Dubai economy, Sheikh Ahmed says

Emirate continues to harness power of digital age to promote economic growth

EconomyJuly 30, 2017
Abraaj has taken on minority stake in Turkey’s largest logistics company, Netlog Lojistik Hizmetleri
Abraaj takes on minority stake in Turkey’s largest logistics company

Abraaj investment will help Netlog further consolidate its domestic market share and international expansion

EconomyJuly 27, 2017
Employees pack boxes of merchandise at an Amazon.com Inc. fulfillment center in Peterborough, U.K. Simon Dawson / Bloomberg
First half of year start-up funding in Middle East surges

Some 87 deals worth $140 million were sealed during the first six months of the year

BusinessJuly 19, 2017

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