Tuesday 1 September 2015
 
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Lanka

Rajapaksa comeback bid fails in Sri Lankan vote

Former president Mahinda Rajapaksa's attempt to stage a comeback in Sri Lanka's general election has ended in defeat as results on Tuesday showed the alliance that toppled him making decisive gains. The ruling United Natio

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Rajapaksa falling short in Sri Lanka vote

Former president Mahinda Rajapaksa's bid to stage a political comeback in Sri Lanka appeared destined to fail as early general election results on Tuesday showed the alliance that toppled him making gains. If initial trends ar

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Australia’s Crown Resorts drops $400m Lanka hotel plan

Australian gaming mogul James Packer’s Crown Resorts has scrapped a proposed $400 million luxury hotel and resort development in Sri Lanka after Colombo's new government withdrew approvals for casinos. Crown's propos

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Legitimacy 'ensuring Bahrain's success'

Legitimacy is the single all-encompassing characteristic that makes Bahrain business-friendly, Industry and Commerce Minister Dr Hassan Fakhro said. He was speaking on Tuesday (April 29) at the opening of the Bahrain-Sri Lanka Bus

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Rotana Jet launches inaugural flights to Lanka

Rotana Jet, a leading UAE-based domestic airline, launched its debut flights to Colombo and Mattala in Sri Lanka from its Abu Dhabi hub thus marking a major milestone in its international expansion plan. The airlines’ first

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Al Zayani partners with Lanka IT firm

Al Zayani Commercial Services has signed a memorandum of understanding with Sri Lanka-based Affno, a specialist in mGovernment and mBusiness software, to set up its Middle Eastern branch office in Bahrain. The new agreement betwee

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Enoc 'probing' Lanka diesel cargo quality

Emirates National Oil Company (Enoc) said on Saturday a cargo of its diesel which was returned by Sri Lanka on Thursday as below standard was inspected before shipment by an independent inspector. Sri Lanka's oil minister said

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Flydubai launches flights to Salalah

Dubai-based budget carrier flydubai has reached a new milestone with operations to two new destinations - Salalah, its second in Oman and Mattala in Sri Lanka. This takes the airline's operational network to 60 destinations. T

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Oman says ready to sell crude to Lanka

Oman is willing to sell crude oil to Sri Lanka, which is scrambling to find an alternative to its threatened primary supply from Iran, Oman's oil minister said. 'We have an international trading company and they are willing to look

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Bahrain, Lanka seal key tax deal

Bahrain and Sri Lanka have signed an agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The Double Taxation Agreement (DTA) will eliminate the double payment of taxes by na

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