Flynas in talks to buy 4 new aircraft
Saudi Arabian budget carrier flynas, which made its first profit this year, is in talks with plane manufacturers Airbus and Boeing as it seeks...
Sudan’s economic crisis without donor help
Sudan has made a surprise opening and said it will fully cooperate with the International Criminal Court on cases about Darfur.
International donors are holding...
Egypt's Sisi says won't let the lights go out in Sharm el-Sheik
Egypt's President declared on Wednesday that the 'lights will not be going out in Sharm al-Sheikh', as he visited the Red Sea resort hit...
Oil reverses gains as focus returns to global oversupply
Oil prices eased on Tuesday, reversing the previous day’s gains, as the risk premium stemming from the Paris attacks faded, and the focus returned...
Dubai's Dnata buys stake in Brazil airport services firm RM
The company that runs Dubai-based airline Emirates says it has bought a majority stake in a Brazilian firm that provides ground handling services at...
U.S. delivers 8 Black Hawks to Jordan for its anti-ISIS battle
The United States has delivered eight refurbished Black Hawk helicopters to Jordan for the kingdom's battle against Islamic State extremists.
Jordan is part of a...
Skype founder gives thumbs-up to European IT sector
Skype co-founder Niklas Zennstrom on Wednesday praised European information technology, saying 2015 had been an "amazing year" for the sector.
"This is the most exciting...
Oil dips on firm dollar, ahead of OPEC meeting
Oil dipped on Monday as traders remained cautious ahead of an OPEC meeting later this week and as a widely expected U.S. interest rate...
Oil prices wobble as traders await OPEC
World oil prices diverged Tuesday but held below the key level of $50 per barrel, as traders eyed this week's crucial OPEC oil meeting...
Acwa Power targets 2016 IPO on Kingdom’s bourse
Saudi Arabia-based power and water project developer, Acwa Power, is aiming for a stock market floatation on the Saudi bourse sometime next year, its...
