Gulf giants bite the global pie
Not enough carbon emission tax in the world can be a hindrance to the booming carriers of the Gulf, backed by wealthy backgrounds and ambition
August 2, 2012 8:00
Dubai Airport traffic soars high
"We are on track to meet the annual projected traffic of 56.5 million passengers, which will bring us very close to Dubai International's operational capacity of 60 million passengers per annum"
July 30, 2012 12:28
All eyes on Iraq
Fancy a spa vacation or a brisk business trip to Iraqi Kurdistan? Marketers are flocking to the mountainous terrain of Northern Iraq, to cash in on the relatively untapped market in the Arab world, even if they have to dodge danger on their way there
July 29, 2012 9:03
Falling airline shines under Emirates’ light
The share value of the failing airline soared over 8 percent during its talks of a tie up with UAE based Emirates Airline
July 26, 2012 3:36
Emirates plans aircraft lease deal worth $587.5 million
Dubai’s Emirates airline will lease aircraft from a financing firm which will issue certificates worth $587.5 million across two tranches,…
June 24, 2012 10:25
Emirates to repay $550 million Islamic bond in full
The sukuk that matures on June 16, will not be refinanced, Emirates' President Tim Clark said in a interview with the Dubai-based paper in Beijing.
June 13, 2012 10:01
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
Emirates Says No Interest in Indian Carriers
Emirates Airline on Tuesday dismissed talk of a possible stake buy in India's troubled aviation sector; Emirates president Tim Clark specifically denied any interest in budget Indian carrier Spicejet.
April 24, 2012 3:51
Expenses and expectations: Emirates Eyes Hedging Strategy As Fuel Costs Bite
Dubai's Emirates airline may revive its hedging program to help guard against soaring fuel costs, which forced it to pay an additional $1 billion in its half year results alone, its chairman said.
March 4, 2012 4:58Emirates Airline eyes Islamic finance as Europe banks balk
Airline looking at Islamic finance options - president; Says French banks more risk-averse; Emirates has 13 aircraft deliveries by end of March; Sukuk market bearing up well versus conventional finance; But any Emirates sukuk deal might have to be complex
November 8, 2011 2:19Kuwait delays state airline’s privatisation
Struggling airline to restructure operations; Committee says completed review of bids; Airline was eyeing $280 million privatisation
October 30, 2011 3:09
Night flight ban would hurt Germany -Lufthansa
Night-time flights are essential to ensure Germany does not lose its place in the freight market to the Middle East, Lufthansa CEO Christoph Franz said on Friday.
August 20, 2011 1:04Emirates eyes $750 mln from bond – sources
Dubai carrier's bond seen pricing Wednesday; Strong order book expected
June 1, 2011 1:52
Throttling Up
Though increasing oil prices may see a hike in air-flight prices, UAE airlines remain positive with new destinations and A380’s in the pipeline
May 3, 2011 3:55Emirates airline had ‘tough’ 2010, hurt by unrest
Business hurt by natural disasters in 2010; Airlines to face big challenge if oil around at $130
May 3, 2011 3:21
Arabtec workers: strike will continue
Employees say no promises for higher wages have yet been made.
May 21, 2013 11:57
Kuwait: expats sent packing
The state plans to get tough and reduce the number of foreign residents.
May 20, 2013 5:05
Dubai Labourers on 'rare' labour protest
Two Arabtec employees who asked not to be identified said several thousand workers engaged on various projects did not report for duty on Sunday.
May 20, 2013 9:33
A maid's wage
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43