China said on Thursday it would leverage its economy to boost defense capabilities, acknowledging shortcomings with long-held aims to inject more market forces into the development of its military.
President Xi Jinping has set great store on military modernization, including developing an ocean-going “blue water” navy, stealth jets and other advanced technologies to better defend China’s growing global interests.
OfficialsRead more
The General Authority of Civil Aviation (GACA) intends to hand over a national carrier license to the Saudi Gulf Aviation Company in the near future, the company announced, adding that it plans to begin its domestic flights from King Fahd International Airport (KFIA) in Dammam.
This comes after the company completed all the necessary conditions and requirements for air operatorRead more
Egypt has promising opportunities in manufacturing cars and their related industries, said Trade and Industry Minister Tarek Qabil.
The ministry seeks to attain major growth in this sector within the upcoming phase, especially that Egypt owns all capabilities which allows it to establish a real auto industry, he added.
The strategy of manufacturing cars, which is currently being prepared, willRead more