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Air Arabia Q2 Net Profit Up 31%, Shares Rise

The UAE’s largest low-cost airline saw gains from under-served routes last quarter.

Saudi Plans Giant New Taxi Company

Saudi’s transport system may be overhauled with 30,000 monitored taxis.

Middle East Airlines Post Strong Growth Rates

Carriers in the region saw passenger demand increase by over 18 per cent year-on-year in June, says IATA.

Emirates Says Qantas Deal Likely In Six Months

Emirates’ chairman Sheikh Ahmed bin Saeed al-Maktoum clarified that the deal will not include a revenue-sharing agreement.

Dubai’s DP World Container Volumes Climb 7.5%

The port operator said that it handled 28.2 million TEU (twenty-foot equivalent container units) in the first half of the year.

Qatar Awards Tram Contract To Siemens

Under the million-dollar contract, Siemens will supply 19 trams, technology and equipment to Qatar Foundation.

Emirates In Alliance Talks With Qantas

Dubai’s flagship carrier is closer to a tie-up with the Australian airline, sending Qantas shares up eight per cent.

Dubai’s Aramex Q2 Profit Rises 14%

The logistics firm said weakness in Egypt and investment costs in new African operations weighed on its results.

Saudi Taxis To Be Monitored By Ministry

Taxis in the Kingdom will be been banned from picking up passengers on the streets, the transport ministry has said.

Gulf Carriers Bid For Saudi Licence

Seven consortia including Qatar Airways and Bahrain’s airlines are hoping to qualify for a new licence in the Kingdom.

Etihad Can Raise Virgin Stake

The Australian government has permitted Etihad to increase its stake in Virgin Australia up to 10 per cent.

Air Arabia Sees Hike In Passengers

The low-cost airline carried 1.3 million passengers during the second quarter of 2012, up 15 per cent from Q2 2011.

ME Airlines On Recruitment Drive

Carriers in the region face a huge supply-gap of pilots and technicians unless they recruit drastically.

ME Airlines On Recruitment Drive

Carriers in the region face a huge supply-gap of pilots and technicians unless they recruit drastically.

Kuwait’s ALAFCO In $1.9bn Deal

Farnborough Air Show: Airplane leasing company orders 20 of Boeing’s single-aisle 737 MAX 8s for the Gulf.

Qatar Airways To Sponsor UK Team

Farnborough Air Show: Two Premiership football teams have asked for sponsorship from the Doha carrier.

Qatar Airways Orders New A380s

Farnborough Air Show update: The Doha-based carrier unveils new 787; Boeing and Airbus battle.

Ship Finance Running Dry

Lending to the shipping industry is facing stormy waters amid a difficult global backdrop.

Etihad Q2 Revenue Up 31%

First half revenues for Abu Dhabi’s airline are up 30 per cent as passenger numbers soar to almost five million.

Qatar Airways Plans Saudi Carrier

Qatar Airways is keen to launch an airline in the Kingdom, but is worried about excessive fuel charges.

DP World sells Adelaide Port

The Dubai-based port operator sold its 60 per cent stake to Australian firm Flinders.

UAE Car Dealer To Invest Dhs900m

Al Nabooda, the distributor of Porsche, Audi and Volkswagen in Dubai, plans major investment push.

Emirates Adds Saudi Flights For Ramadan

The airline will fly 73 extra flights to Jeddah and Medinah Al Munawarrah from July 20 to September 1.

Saudi Aramco To Sell Unit For $1.3bn

The oil giant signs agreement to sell its Vela marine unit to Saudi National Shipping Company.

Flydubai Launches Basra Route

Flights to Basra, the low-cost airline’s fifth destination in Iraq, are scheduled to start next month.

Arabtec Group Wins $2.9bn Deal

The Arabtec consortium, that includes Greek and Turkish firms, will build a terminal at the Abu Dhabi airport.

Betting On Libya’s Future

The demise of Gaddifi has unleashed a treasure trove of opportunity, but one that’s fraught with risk.

Etihad, SpiceJet Deny Stake Sale

Media reports had claimed that Etihad and Qatar Airways were eyeing a minority stake in the Indian budget carrier.

Emirates Plans To Lease Aircraft

Dubai’s flagship airline is looking at plans to lease aircraft in a deal with DNA2 and Goldman Sachs.

Emirates Repays $550m Sukuk

The Dubai-based airline announced that it has repaid its Islamic bond on maturity date.