Business

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Dubai payment firm Network International to list in London

Mar 14, 2019

The Dubai-based payment processing firm Network International, which completes credit card transactions across the Middle East and North Africa, is preparing for an initial public offering

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Dubai-based port firm DP World reports $1.29B profit in 2018

Mar 14, 2019

Global port operator DP World says its profit rose 10 percent in 2018 despite worldwide tensions over trade, Brexit fears

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Etihad Airways loses $1.28B in 2018 in third year of losses

Mar 14, 2019

Abu Dhabi-based long-haul carrier Etihad Airways says it lost $1.28 billion in 2018, third consecutive year of losses

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Iran report: Gas pipeline explosion kills at least 5

Mar 14, 2019

Gas pipeline explosion in southwestern Iran kills at least 5 people, injures 6

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Oman, UAE grounds Boeing 737 MAXs after Ethiopia crash

Mar 13, 2019

Oman and the United Arab Emirates say they have grounded flights by Boeing 737 MAX aircraft following the crash of an Ethiopian Airlines jetliner

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The United Arab Emirates, a key international travel hub, bars Boeing 737 Max 8 and 9 from airspace after Ethiopia crash

Mar 13, 2019

The United Arab Emirates, a key international travel hub, bars Boeing 737 Max 8 and 9 from airspace after Ethiopia crash

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Japan agrees to provide loan for Sri Lanka's light-rail line

Mar 12, 2019

Sri Lanka's finance ministry says Japan has agreed to provide a loan to build the first light railway system aimed at easing traffic congestion in the capital city of Colombo

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India's civil aviation ministry grounds Boeing 737 Max plane

Mar 12, 2019

India joins several other countries in grounding the Boeing 737-MAX planes

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Oman says it is 'temporarily suspending' operations of Boeing 737 MAX aircraft at its airports after Ethiopia crash

Mar 12, 2019

Oman says it is 'temporarily suspending' operations of Boeing 737 MAX aircraft at its airports after Ethiopia crash

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Iran's Rouhani seeks to boost ties on first visit to Baghdad

Mar 11, 2019

On his first official visit to Iraq, Iranian president seeks to boost ties, secure help in bypassing US sanctions

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