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Flynas aims for profit on lower costs, higher demandSaudi Arabia's first and only budget airline, flynas, aims to turn profitable this year for the first time since it was launched in 2007, partly by cutting costs, its new chief executive said. The kingdom's air travel mark More… |
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Dubai Group cuts half of staff: SourcesDubai Group, part of the ruler of Dubai's personal empire, has cut half its staff of about 30 people as part of cost-cutting measures in its $10 billion restructuring, three sources told Reuters on Monday. &nbs More… |
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Bahrain ministers asked to cut costsBahrain Ministers and senior government officials have been asked to tighten their belts. His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa gave orders for Bahrain to reduce official trips abroad and attend essential e More… |
