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  • Turkish-airlines-flights-hit

    Turkish airlines flights hit as staff report ill

    Turkish Airlines had to cancel flights on Tuesday, after being hit by staff reporting ill in a protest at a draft law which would make it illegal for aviation workers to strike.

    May 29, 2012 6:20
  • Almarai

    Saudi Almarai in $4.2 billion, 5-year investment plan

    Saudi Arabian dairy and food producer Almarai Co's board has approved a 15.7-billion riyal ($4.2 billion), five-year investment plan that will draw on finance from bank loans and Islamic bonds, it said on Tuesday.

    May 29, 2012 6:12
  • Emirates-Airline-undecided-on-550-million

    Emirates Airline undecided on $550 million June bond

    Emirates, the fast expanding Gulf airline, may seek to refinance a $550 million Islamic bond maturing in June but has not ruled out repayment in cash, a senior executive said on Tuesday.

    May 29, 2012 6:03
  • Saudi-says-to-complete-minimum-wage-study

    Saudi says to complete minimum wage study within 4 months

    Saudi Arabia aims to complete a study on setting a minimum wage for private sector workers within four months, local media quoted the labour minister as saying, part of a government drive to make jobs more appealing to nationals and cut unemployment.

    May 29, 2012 12:25