Sunday 22 December 2024
 
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Flynas named 'Best Low Cost Airline in the Middle East'

Saudi budget carrier flynas received a Skytrax award for Best Low Cost Airline in the Middle East for 2017. The award ceremony was held in the French capital, Paris, during the International Paris Air Show. The pres

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Alitalia to cut 2,000 jobs

Alitalia CEO Cramer Ball has confirmed that up to 2,000 jobs will be cut, which is a 50 per cent reduction in office staff and a 20 per cent reduction in non-flying operational roles, said a report. "Headcount reductions are

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Oman-Iran gas pipeline cost to rise due to new route

A planned subsea natural gas pipeline between Iran and Oman is expected to have a higher estimated cost after the two countries had to change the project's route and design to avoid waters controlled by the UAE, an industry source said on Th

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Oman-Iran gas pipeline cost to rise due to new route

A planned subsea natural gas pipeline between Iran and Oman is expected to have a higher estimated cost after the two countries had to change the project's route and design to avoid waters controlled by the UAE, an industry source said on Th

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Mitsubishi Heavy seeks cost cuts at steel venture with Siemens

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.

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Air Arabia named 'Best low-cost airline in the Mideast'

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. The airlin

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Saudia unveils new low cost airline

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

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Alba launches project to cut cost; increase output

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

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US deal expiry may cost jobs of Bahrainis

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.   To read further

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Bahrain offers ‘lowest operating costs’

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

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