Thursday 27 July 2017
 
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Boeing lines up initial customers for new 737 Max 10

Boeing's newest aircraft - the 737 Max 10 - has already caught the attention of aviation companies as the US plane manufacturer is in talks with firms for initial sales, said a report. The roster of potential buyers of the lar

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United to offer passengers up to $10,000 to give up seats

In a statement released today, United Airlines announced it will offer up to $10,000 to passengers who volunteer to surrender their seats on an overbooked flight, said a report. The announcement comes as the airlinest tries to rep

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United passenger dragged off an overbooked flight

United Airlines is facing a lot of heat after a passenger was forcibly dragged out by police from a flight after stating it was overbooked, said a report. The incident, which took place on Sunday, fuelled a backlash online after p

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Ahli United approves 18pc cash dividend distribution

Ahli United Bank has approved the distribution of a cash dividend of 18 per cent (4.5 cents per share) together with bonus shares of five per cent for shareholders at its recently held Annual General Meeting and the Extraordinary General Meeti

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Ahli United Bank launches operations in DIFC

Ahli United Bank has launched operations at the Dubai International Financial Centre, as the first bank in the GCC to receive the Category 1 license from the Dubai Financial Services Authority (DFSA).   On openin

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United Gulf posts $11.2m gains

United Gulf Bank (UGB)’s profit for last year decreased to $11.2 million compared to $18.8 million in 2014, with a similar decrease in basic earnings per share to 1.38 cents from 2.31 cents in 2014, said a report in the Gulf Daily Ne

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Ahli United gets approval for 40pc Mefic Capital stake buy

Ahli United Bank has received regulatory approval to acquire a 40 per cent stake in Saudi Arabian investment firm Mefic Capital, according to a statement.   No value was given for the transaction, which makes the

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Bahrain stands united with GCC in defending security

Bahrain stands united with other Gulf countries in defending their security and stability and staving off mounting challenges, the Premier said. He described the six-member GCC bloc as one entity bound together in addressing all issues that st

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United Airlines cancels Dubai service

United Airlines has announced it is discontinuing its Washington Dulles to Dubai route, effective January 23, 2016. The decision comes following the US government's General Services Administration (GSA) announcement that all federal

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Ahli United named best Mideast private bank

Ahli United Bank has been recognised as ‘Best Private Bank in the Middle East’ by Global Finance, a leading international banking and finance publication.    AUB as well as its associate bank in

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