Mitsubishi Heavy Industries Ltd, maker of everything from submarines to nuclear reactors, is seeking to cut costs at its steel-making equipment venture with Germany’s Siemens AG in the face of a contracting market, said a Bloomberg report.
Air Arabia, the Middle East and North Africa's largest budget carrier, was named “Best Low-cost Airline serving the Middle East” at the Business Traveller Middle East Awards 2016, held recently in Dubai.
Saudi Arabian Airlines (Saudia), the kingdom's national carrier, has announced the launch of a new low cost service, said a report.
The new airline, which has been named Flyadeal, will serve both domestic and internation
Aluminium Bahrain (Alba), the Bahrain-based leading international aluminium producer, has launched Phase II of its company-wide, cost reduction programme Project Titan.
The new initiative aims to reduce cash cost by $100 per metri
America could cost hundreds of Bahrainis their jobs if it does not renew certain provisions in a key tariff agreement by July, said a report in the Gulf Daily News (GDN), our sister publication.
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Bahrain offers the region’s lowest operating costs for the financial sector, Economic Development Board (EDB) chief executive Khalid Al Rumaihi told business leaders and investors at a monthly majlis event held recently, said a report in
Global airlines countered allegations of profiteering from low oil prices on Monday after renewed criticism that air fares have failed to come down in line with tumbling fuel costs.
The head of the International Air Transport Asso
The economic cost of road accidents tops BD76 million ($199.9 million) on average every year in Bahrain. Works, Municipalities and Urban Planning Affairs Ministry assistant under-secretary Huda Fakhro released the alarming figure as she addres
Warnings have been issued against three Bahrain telecom companies for charging customers additional money for using VoIP (Voice over Internet Protocol) services such as Skype and Facetime. The Telecommunications Regulatory Authority (TRA) issu
Volkswagen's core autos division will likely plunge into a loss this year as it is set to shoulder the bulk of the costs from the fallout of the company's rigging of diesel emissions tests, two company sources said on Friday.