Wednesday 20 September 2017
 
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Flydubai posts $38.7m H1 loss; revenues top $680m

Dubai-based low-cost carrier flydubai reported a loss of Dh142.5 million ($38.7 million) for the first half of the year despite revenues and passenger numbers going up. The airline had reported a loss of Dh89.9 million ($24.4 mill

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Slovenia eyes GCC visitor market

Slovenia Tourist Board (STO), in cooperation with travel partners from the UAE, Saudi Arabia, Qatar and Kuwait, has launched a ‘Kids Ski Free’ campaign to promote Slovenia as an ideal winter holiday destination for families seeking s

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French cream imports to the UAE increases by 10pc

French cream exports to the UAE are expected to increase by 10 per cent this year, according to the latest research by the French Dairy Board. The UAE is seen as a key developing market for the industry and imported 2,000 tonnes o

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Navdex to see rise in overall participation

The Abu Dhabi National Exhibitions Company (Adnec) has announced a rise in participation, interest and engagement from specialised international marine based companies at the Naval Defence Exhibition (Navdex 2017) to be held in Abu Dhabi, UAE, n

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Slovenia sees rise in ME tourist numbers

Slovenia witnessed a 10 per cent increase in the number of foreign tourists from January to August, with a large number of visitors recorded from the GCC region, new data has revealed. The number of Middle Eastern tourists has bee

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Oil price slips further, markets focus on supply overhang

Friday morning saw oil prices fall, as markets turned their focus to a persistent fuel supply overhang that is not expected to abate unless OPEC and other producers make a significant cut to their output, said a report. Internatio

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Oil rises on smaller build in US crude stocks

Oil prices firmed on Wednesday after falling by as much as 3 per cent in the previous session, as data from an industry group showed a smaller-than-expected build in US crude stockpiles. The American Petroleum Institute (API) repo

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Oil prices rise, on track for seventh day of gains

Brent crude oil prices rose above $51 a barrel on Friday to hit an eight-week high and were on track to rise for a seventh trading day, as hopes that producers could agree measures to support crude buoyed sentiment. International

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Iraq June oil exports fall as domestic usage rises

Iraq's oil exports from the southern ports fell in June as domestic consumption rose due to demand for summer cooling, an official at the state-run South Oil Company said on Friday. Loadings from Iraq's southern oil termin

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Global demand for in-flight broadband hits new heights

Airline passengers now not only expect broadband services to be offered as standard during flights, but more than half would prefer in-flight connectivity to in-flight meals, a new survey has revealed. The In-Flight Connectivity S

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