Rolls-Royce alarmed markets in February by announcing there would be a pause in profit growth in 2014, thanks to declining U.S. and European military budgets.
Capital from the Middle East accounted for 13 per cent of the total cross border investment coming into Europe, a new report says
Marketing expenses for the Olympic Games in Sochi, a fire at its production unit and a strong Swiss franc squeezed net profit in the first half.
The airline currently operates three weekly flights on the Jeddah-Manchester route.
A plan is expected to be put together within three months.
The planemaker closed the Farnborough Airshow with total orders and commitments for 496 aircraft, including 121 for the A330neo.
The biennial Farnborough Airshow has already outsold the 2012 show which saw $72 billion of orders and commitments.
The A330neo is expected to have 25 per cent lower capital costs than Boeing’s rival 787 Dreamliner.
The A330neo will have a range increase of up to 400 nautical miles, with room for up to 10 extra seats in the cabin.
Qatar sold the shares at 1,915 pence each as part of its portfolio management, a source said.
Qatar Holding is set to slash its 15 per cent stake in the owner of the London Stock Exchange by a third.
Kazakhstan is introducing a 15-day visa-free regime for citizens from 10 countries.
Dubai carrier decides to call time on Ukraine service which launched in January
The UK’s Serious Fraud Office reportedly questioned and arrested four former and current employees at Airbus unit GPT Special Project Management.
The European planemaker posted 515 orders between January and June, or 290 when adjusted for cancellations.
England’s national squads will fly with the UAE carrier and the airline will benefit from a range of commercial rights
General Electric – the main alternative A330 engine supplier – is reportedly no longer in the running for the $2 billion “A330neo” revamp.
Italian designer Roberto Cavalli was hoping to receive a 450-million-euro ($612 million) offer from Investcorp by a June 30 deadline.
Qatar company teams up with IHG for first time and will invest in key European hotels to bring them back to their full glory
The two carriers have been in talks since December, but a deal has so far been elusive.
ALIF Fund will be managed by the International Airfinance Corporation with Airbus and IDB as investors and partners.
The deal will see the light rail system starting to operate in 2018-20 in Lusail City.
The increase in tourism numbers was spurred by the launch of a daily Emirates flight route to Lisbon back in July 2012.
The acquisition is Al Habtoor’s second hotel in the Hungarian capital.
Populist politician Geert Wilders published stickers critical of Islam in the green and white colours of the Saudi flag last December.
The delivery had been expected around the end of May, but was pushed back after the airline rejected the aircraft during a pre-delivery inspection.
Sovereign wealth funds in the region are expected to make the biggest investments, with Europe slated to receive the bulk of the amount.
The more densely arranged cabins will be available early next year.
Abu Dhabi-based Etihad is prepared to invest up to $1.70 billion over the next four years.
Etihad is looking to invest up to $1.7 billion in Alitalia over the next four years.