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$8 billion

Apple iPhone 14 development delayed by weeks due to Chinese government restrictions

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Apple suppliers in China are behind schedule on development for one of the iPhone 14 series models, according to the latest Nikkei Asia report, due to continued COVID lockdowns across the country. Apple has encouraged suppliers to speed up component development in order to keep on track with manufacturing timelines, according to unidentified sources close … Read more

Kuwait plans $8 billion airport redevelopment

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JEDDAH: The Kuwait’s Directorate General of Civil Aviation (DGCA) plans to spend $8.2 billion on 14 projects to develop the state’s main airport. The investment will transform it into an active regional centre for air transport, passengers and cargo, Alarabiya reported, citing DGCA. The projects include a new terminal that accommodates 25 million passengers annually … Read more

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