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Gulf Air changes dates for Iran flightsGulf Air, the national carrier of the Kingdom of Bahrain, has announced that the proposed dates of resuming its services to Iran have been deferred while waiting to receive approval from the Iranian Civil Aviation Authority. The a More… |
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Canada aviation specialists win Saudi nodCanada-based Flying Colours Corporation said it has won approval from Saudi General Authority of Civil Aviation (GACA) to carry out maintenance work on aircraft registered in the Kingdom. Flying Colours are specialists in completi More… |
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Gulf Air to restart Iraq, Iran flightsBahrain’s national carrier, Gulf Air said it is set to resume its services to Iran and Iraq starting from September 20 following approval from the government authorities. Flights to Baghdad, Erbil, Najaf and Basra in Iraq and Tehr More… |
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Zain Saudi wins approval for capital restructuringLeading telecom operator Zain Saudi said it has won approval from its shareholders for a multibillion dollar capital restructuring at the recent extraordinary general assembly meeting held in Riyadh. The Zain Saudi move comes after the com More… |
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Daman completes major capital hikeDaman Investments, a leading UAE-based regional investment management company, said it has successfully completed a capital increase through a private placement with an investment of Dh99.9 million ($27.1 million). Daman said the company m More… |
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GFH gets $110m sukuk restructuring approvalBahrain-based Islamic investment bank Gulf Finance House (GFH) has obtained approval to restructure a $110 million Islamic bond, extending repayment for six years, the company said in a statement on Sunday. S More… |
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Jazeera Airways approves 10pc bonus sharesKuwait-based budget carrier Jazeera Airways Group said it has won approval from the annual general meeting for distribution of 10 per cent bonus shares to its investors. Announcing this on Wednesday, Jazeera said the shareholders approved More… |
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Nomura readies ME forex trading teamJapanese investment bank Nomura is setting up a foreign exchange trading team in Dubai to meet growing demand among its institutional clients to trade Mena currencies, the bank said on Monday. Nomura said it had hired three specialists in More… |
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Russia wins approval to join WTORussia has won admission to the World Trade Organisation (WTO) after 18 years of negotiations, finally gaining full integration into the global economy two decades after the Soviet Union collapsed. The WTO's 153 members gave their second a More… |
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UAE approves new Diabetes treatmentThe UAE Ministry of Health has become the second regulatory authority in the world to register Eli Lilly's exenatide prolonged release suspension (Bydureon) treatment for type 2 diabetes. Exenatide is the first and only once weekly therapy More… |
