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Bahrain Air payout dispute endsFormer Bahrain Air employees, who were laid off when the airline went into liquidation, received the first instalments of their severance packages yesterday. The remaining 60 per cent is due to be paid once the company sells off its assets. More… |
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US court overturns Algosiabi dispute rulingA ruling that a dispute involving Ahmad Hamad Algosaibi and Brothers Company (AHAB), Maan Al Sanea and Mashreq Bank could not be heard in a New York court has been overturned by the state's appeal court, a report said. Mashreq More… |
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Alcoa offers $45m to settle Alba caseUS aluminium producer Alcoa has offered to pay Bahrain-based Alba, one of the largest aluminium smelters in the world, at least $45 million in an out-of-court settlement, according to reports. Alba has filed a federal lawsuit, all More… |
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Iran commander visits disputed UAE islandThe head of Iran's Revolutionary Guards has visited three tiny disputed islands in the Gulf, state television reported on Friday, in a move likely to anger the UAE which also claims sovereignty over them. Tensions rose in April between More… |
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Recalled Saudi envoy back in EgyptSaudi Arabia's ambassador to Egypt returned to Cairo on Saturday, Egyptian airport officials said, almost a week after he was recalled in a rare diplomatic row between the long-time allies. Ambassador Ahmed Abdulaziz Kattan was withdra More… |
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Bahrain backs UAE in islands rowBahrain has pledged its support for the civilised and peaceful approach by the UAE to resolve the issue of three occupied islands, either through direct negotiations or amicably through international arbitration. Minister of State for Fore More… |
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Bahrain Air waiting to resume India flightsBahrain Air, a leading low-cost carrier, is still waiting for permission to resume flights to an airport at the centre of a landing rights dispute with Indian authorities. The airline was hoping to resolve the issue over the weekend, but c More… |
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Aviation row costs Bahrain Air $500,000A contractual dispute which has grounded flights on a newly-launched service to Kerala has cost Bahrain Air $500,000 (BD189,000), said a senior official. Officials are still waiting for written approval from the Indian Civil Aviation Affai More… |
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Bahrain Air’s flight row likely to end soonBahrain Air flights to India could resume by Thursday after five trips were cancelled due to a dispute over contract renewal, said a top official. The flights between Bahrain and Trivandrum from April 4 to 8 were called off because the air More… |
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Qantas grounds entire fleet over disputeAustralia's Qantas Airways said on Saturday it was grounding all aircraft over a labor dispute, a move that would cost it A$20 million ($21.4 million) a day. The airline said in a statement that from Monday evening it would lock out al More… |
