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Sri Lanka opens new Chinese-funded airport
Mar 18, 2013 07:24 EDT
Sri Lanka's president opened the country's second international airport on Monday, intended to help spur a new economic hub and act as a gateway to the island's southeast.
Sri Lanka offers tax-free zone at new airport
Mar 17, 2013 02:00 EDT
Sri Lanka is turning its newest international airport, opening Monday, into a tax-free zone to attract aviation-related industries, a top official said.
Struggling Gulf Air sacks staff as unions reject revamp
Mar 03, 2013 01:35 EST
Bahrain's loss-making flag carrier Gulf Air, struggling against competition from other regional carriers, has embarked on a sweeping restructuring plan that has annoyed unions over heavy job cuts.
Air Arabia profit surges 55% to $115.8 mn
Feb 16, 2013 11:39 EST
Sharjah-based budget carrier Air Arabia said Saturday its 2012 net profit soared 55 percent on an annual basis to $115.8 million, as it expanded its network and passenger numbers rose.
Gulf carriers aim for top spot in global travel
Nov 17, 2011 16:09 EST
Gulf carriers have underlined their ambition to redraw world travel maps and turn the region into a global hub by placing record orders for new planes at the Dubai Airshow closing on Thursday.
Gulf stock markets down on Egypt concerns
Jan 30, 2011 02:41 EST
Several Gulf stock markets dropped Sunday on apparent concerns over developments in Egypt, with the Dubai market leading the plunge with a slide of more than six percent.
UAE airlines ban Yemen cargo after mail bomb plot
Nov 07, 2010 07:21 EST
Emirati airlines stop hauling Yemen cargo after bomb plot; Bahrain's Gulf Air limits shipments. Airlines in the United Arab Emirates say they have stopped carrying cargo from Yemen as a precaution following the discovery of two mail bombs shipped as air freight.
UAE's Emirates, Etihad airlines halt Yemen cargo
Nov 07, 2010 07:00 EST
UAE airlines Emirates, Etihad stop hauling Yemen cargo as security tightens after bomb plot. Airlines in the United Arab Emirates say they have stopped carrying cargo from Yemen as a precaution following the discovery of two mail bombs shipped as air freight.
Gulf airliner RAK to resume services
Sep 26, 2010 09:00 EDT
United Arab Emirates-based Ras al-Khaimah (RAK) Airways will resume passenger flights next month after a hiatus of about two years, its chairman announced on Sunday.
First female captain for UAE's Etihad Airways
Sep 15, 2010 02:48 EDT
Sophie Blanchard shares the name of a French aviation pioneer and has now become one herself -- as the first female captain, or pilot in command, for Abu Dhabi's Etihad Airways.
First female captain for UAE's Etihad Airways takes flight
Sep 15, 2010 01:57 EDT
Sophie Blanchard shares the name of a French aviation pioneer and has now become one herself -- as the first female captain, or pilot in command, for Abu Dhabi's Etihad Airways.
UAE high-flying airlines to create 60,000 new jobs
Jul 11, 2010 04:34 EDT
Emirates and Etihad, the two major carriers of the United Arab Emirates, plan to create almost 60,000 new jobs over the next decade to meet their rapid growth, a newspaper reported on Sunday.
UAE high-flying airlines to create 60,000 new jobs
Jul 11, 2010 04:29 EDT
Emirates and Etihad, the two major carriers of the United Arab Emirates, plan to create almost 60,000 new jobs over the next decade to meet their rapid growth, a newspaper reported on Sunday.
Air Arabia Egypt flights to begin in June
May 22, 2010 09:28 EDT
DUBAI (Reuters) - UAE-based low cost airline Air Arabia <AIRA.DU> will begin flights on its new Egypt-based carrier in June after it received an operating certificate from Egyptian authorities, the company said on Saturday.
Air Arabia nets $14 million Q1 profit
May 06, 2010 12:47 EDT
Low-cost carrier Air Arabia posted net profits of 50 million dirhams (14 million dollars) in the first quarter of 2010, down 51 percent from the same period last year, the airline said on Thursday.
Dubai stocks maintain profits after break
Dec 13, 2009 08:15 EST
Dubai's stock market closed up on Sunday, maintaining its recovery for the second trading day, lifted by property giant Emaar's decision to abandon a merger with state-owned entities.
Dubai stocks maintain profits after break
Dec 13, 2009 04:36 EST
The Dubai stock market strengthened on Sunday, building on a 7.0 surge it made before its weekend on Thursday, lifted by property giant Emaar's decision to abandon a merger with state-owned entities.
Dubai stocks maintain profits after break
Dec 13, 2009 04:36 EST
The Dubai stock market strengthened on Sunday, building on a 7.0 surge it made before its weekend on Thursday, lifted by property giant Emaar's decision to abandon a merger with state-owned entities.
Dubai and Abu Dhabi markets plunge on debt woes
Nov 30, 2009 16:38 EST
Stock markets in Dubai and Abu Dhabi plunged on Monday as a top finance official stoked fears the government is washing its hands of the Dubai World debt problem, saying it does not guarantee the firm.
Dubai and Abu Dhabi markets plunge on debt woes
Nov 30, 2009 12:24 EST
Stock markets in Dubai and neighbouring Abu Dhabi closed sharply lower on Monday, shedding 7.3 percent and 8.3 percent respectively, hit by a lack of buyers after Dubai World's shock proposal to suspend debt payments.
