Friday 19 December 2014
 
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EgyptAir hires US firm for restructuring

Egypt's national carrier has hired Texas-based airline advisory firm Sabre Airline Solutions to prepare a restructuring plan for the state-owned company, which has suffered about a billion dollars in losses since 2010. A compa

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DBWC event focus on ‘doing business in Dubai’

The Dubai Business Women Council (DBWC), the official representative organisation for business women in the emirate, hosted a delegation from the Sam Houston State University (SHSU), comprising 12 students from the College of Business Administra

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Nuclear talks with US proceed in good atmosphere: Iran

Iran said bilateral nuclear talks with the United States were proceeding in a good atmosphere despite lingering gaps over key issues such as Tehran's uranium enrichment capacity and how fast economic sanctions should be lifted.

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Iran hackers may target US energy firms, FBI warns

The Federal Bureau of Investigation (FBI) has warned US businesses to be on the alert for a sophisticated Iranian hacking operation whose targets include defense contractors, energy firms and educational institut

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Bahrain ‘most highly connected countries in the world'

Bahrain is "one of the most highly connected countries in the world", according to a global study by US-based Freedom House. This is based on an Internet penetration rate of 90 per cent and mobile phone penetration rate

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Opec chief defends policy, says to ride out price fall

Oil producers group Opec can ride out a slump in oil prices and keep output unchanged, its head said on Sunday, arguing market weakness did not reflect supply and demand fundamentals and could have been driven by speculators. Spea

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US to train Iraqi, Syrian forces fighting Islamic State

The US Congress has approved an annual defence policy bill that authorises American training for Iraqi and Syrian forces fighting Islamic State rebels and sets overall defence spending at $577 billion, including $64 billion for wars abroad.

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Etihad’s investment in US supports 200,000 jobs

A decade of orders by UAE carrier Etihad Airways for new Boeing aircraft is supporting more than 200,000 American jobs, said James Hogan, the airline’s president and chief executive officer. Since 2006 the airline has introduced o

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Hilton in talks to buy 4 key US properties

Hilton Worldwide Holdings is in talks to buy four properties from Blackstone Group and others for deferring tax payments from the sale of its Waldorf Astoria hotel in New York, Bloomberg reported. Hilton shares closed down nearly

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US torture report outlines catalogue of abuse

US officials have lost the right to criticise others now that their own grisly detention and interrogation methods have been exposed, according to Bahraini activists. Shocking revelations about the extent of the Central Intelligen

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