Monday 30 May 2016
 
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economy

Air France offers special Premium Economy fares from Dubai

Dubai passengers travelling with Air France can enjoy the Premium Economy class travel across the entire long haul fleet, including European destinations. The Premium Economy seat offers 40 per cent more space than regular Economy

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US new homes sales hit 8-year high

New US single-family home sales recorded their biggest gain in 24 years in April, touching a more than eight-year high as purchases increased broadly, a sign of growing confidence in the economy's prospects. Tuesday's repo

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Emirates 'considering a premium economy option'

Emirates president Sir Tim Clark has revealed that the airline is considering the addition of a premium economy option to some of its aircraft, said a report. Speaking at the launch of Emirates’ 2015/16 financial results, Cl

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UAE growth 'will pick up in medium term'

Economic growth in the UAE is expected to moderate in 2016 amid low oil prices, but will pick up over the medium-term with expected improvements in oil prices and increased investment ahead of the World Expo2020 hosted in Dubai, an IMF expert ha

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Public-private partnership 'key to Saudi vision'

Creating a successful partnership between private sector investors and the government will be the critical factor in shaping Saudi Arabia’s development over the coming five years, according to a new research report. Under th

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Public-private partnership 'key to Saudi vision'

Creating a successful partnership between private sector investors and the government will be the critical factor in shaping Saudi Arabia’s development over the coming five years, according to a new research report. Under th

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Dubai denies penalty for comments on economy

The Dubai Department of Economic Development (DED) in Dubai has clarified that there is no truth in rumours that individuals and companies are penalised for negative comments on the emirate's economic situation. "In respo

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Saudi reforms 'can make economy more dynamic'

A sweeping economic reform plan announced by Saudi Arabia on Monday pleased the financial markets and many analysts who felt the changes will make the economy more dynamic. Deputy Crown Prince Mohammed bin Salman promised to inves

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Saudis await new vision for future with hope

Saudi Arabians are anticipating with hope the release tomorrow (April 25) of a government plan to liberate the kingdom from its reliance on oil, which could solve deep-rooted problems but bring economic pain. Deputy Crown Prince M

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Saudi future won't depend on oil: top envoy

Saudi Arabia is rapidly moving towards a future where the kingdom's economy is not dependent on oil, said Saudi Ambassador to the United States Abdullah Al-Saud in an article. He detailed the extraordinary economic, social, an

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