Arab News Headlines

November 5, 2021

For a few hours, bicyclists rule Dubai’s busy superhighway

Dubai, For a few brief hours on Friday, the skyscraper-lined superhighway that cuts through the center of Dubai emptied of the cars always clogging it to give way to tens of thousands of bicyclists. The annual Dubai Ride saw bikes race down Sheikh Zaye…

Asian shares mostly lower after fresh Wall St records

Tokyo, Shares were mostly lower in Asia on Friday, with Chinese markets weighed down by concerns over property developers.Benchmarks fell in Shanghai, Hong Kong, Tokyo and Seoul but rose in Sydney and Taipei. Jitters over troubles in the property secto…

US employers shrugged off virus and stepped up hiring

Washington, America’s employers stepped up their hiring last month, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession is overcoming a virus-induced slowdown. Friday’s report from the Labor Departm…

Airbus shares fall 1% after lower Oct deliveries

Paris, Airbus (AIR.PA) shares slipped on Friday after the planemaker reported that October deliveries were down 10% from the previous month. Airbus delivered 36 planes in October, down from 40 in each of the two previous months and a monthly peak of 77…

EDB outlines initiatives to develop key economic sectors

Manama, Following the announcement of the Kingdom’s Economic Recovery Plan, initiated by the directives of His Majesty King Hamad bin Isa Al Khalifa, and following the approval of the plan by the Cabinet, chaired by His Royal Highness Prince Salman bin…