The oil giant signs agreement to sell its Vela marine unit to Saudi National Shipping Company.
Flights to Basra, the low-cost airline’s fifth destination in Iraq, are scheduled to start next month.
The Arabtec consortium, that includes Greek and Turkish firms, will build a terminal at the Abu Dhabi airport.
The demise of Gaddifi has unleashed a treasure trove of opportunity, but one that’s fraught with risk.
Media reports had claimed that Etihad and Qatar Airways were eyeing a minority stake in the Indian budget carrier.
Dubai’s flagship airline is looking at plans to lease aircraft in a deal with DNA2 and Goldman Sachs.
The Dubai-based airline announced that it has repaid its Islamic bond on maturity date.
The new route could increase the number of tourists from the UAE to Portugal to more than 100,000.
Dubai’s flagship airline will not refinance the sukuk and is expecting to repay the amount in full.
Flagship airline group seeks to recruit more nationals and promote Emiratis into management roles.
Regional airlines are expected to see profits drop in 2012 because of the Eurozone crisis, says IATA.
Nissan vice president Andy Palmer spills the beans on Infiniti’s race to beat Audi, BMW and Mercedes.
The Indian budget carrier will have direct daily services connecting Delhi and Mumbai to Dubai.
Abu Dhabi’s flag carrier has finally laid eyes on the Boeing 787 after ordering 41 of the aircraft for its future.
The carrier has announced new services into Eastern Europe as its reach across the region expands.
Abu Dhabi-based Etihad buys a four per cent stake in the Australian airline for an undisclosed price.
EXCLUSIVE: Bruce Dickinson gives an interview to Gulf Business and discusses his double-life as a commercial airline pilot.
Dubai-based Emirates Airline has begun a non-stop daily flight service to Ho Chi Minh City.
The Abu Dhabi-based airline announced that it will operate daily flights to Sao Paulo from June next year.
Over 1.2 million travellers passed through the Abu Dhabi International airport during April 2012.
Dubai’s national carrier launches new entertainment software across its Boeing 777 fleet of aircraft.
Passenger demand in the region grew 16 per cent year-on-year in April, according to the IATA.
A preview to Bruce Dickinson’s exclusive interview with Gulf Business, discussing airlines and the Middle East.
The Gulf airline may refinance a $550 million sukuk, though repayment in cash is still an option.
The credit card global rewards currency model works for all airlines and covers all routes, the firm said.
The amount, secured from a unit of Standard Chartered Bank, will be used to buy two new aircraft.
Saudi Arabian Airlines has got approval to list 30 per cent of its catering unit on the Kingdom’s stock exchange.
Boosted by the GCC’s rapid industrialisation, courier firms are posting robust growth in the region.
The contracts are part of Dubai’s Dhs1 billion five-year plan to improve internal roads in the city.
The Kuwaiti logistics firm made a net profit of $25.4 million during the first quarter of this year.