GO
Loading...

Enter multiple symbols separated by commas

United Arab Emirates

More

  • The comments by the Abu Dhabi- based carrier mark its latest move to deter the Obama administration from revisiting aviation agreements with the United Arab Emirates and Qatar. U.S. airlines say more than $40 billion in subsidies from the countries have allowed Etihad, Emirates airline and Qatar Airways to begin driving down prices and push competitors out of...

  • The comments by the Abu Dhabi- based carrier mark its latest move to deter the Obama administration from revisiting aviation agreements with the United Arab Emirates and Qatar. U.S. airlines say more than $40 billion in subsidies from the countries have allowed Etihad, Emirates airline and Qatar Airways to begin driving down prices and push competitors out of...

  • June 1- Etihad Airways on Monday issued it strongest rebuttal yet of claims that it received market-distorting subsidies, saying it is required to repay loans and that its U.S. competitors have a "condescending" view of non-U.S. law. The comments by the Abu Dhabi- based carrier mark its latest move to deter the Obama administration from revisiting aviation...

  • André Borschberg took off from Nanjing, China, at 2:39 a.m. Sunday in the Solar Impulse 2 for a flight across the Pacific Ocean expected to last six days and five nights, or at least 130 hours. The journey started in March in Abu Dhabi, and the solar plane has stopped in Oman, India, Myanmar and China. The 8,175- kilometer flight from Nanjing to Hawaii is the seventh of...

  • ISTANBUL, May 29- ING Group NV, BNP Paribas and Bahrain- based Arab Banking Corp have submitted bids to buy HSBC's Turkish business, a source familiar with the process said on Friday. Four other sources said Dutch lender ING was interested in buying HSBC's Turkish business, comprising corporate and investment banking operations as well as a loss-making retail...

  • Etihad Airways profit jumps by over half to $73 million Thursday, 28 May 2015 | 4:53 AM ET

    DUBAI, United Arab Emirates— Etihad Airways, the United Arab Emirates' fast-growing national carrier, said Thursday its profit rose by more than half to $73 million last year but warned that "aggressive protectionist sentiment" in the West threatens its future prospects. The government-backed airline, which has bought up stakes in several foreign carriers...

  • DUBAI, May 28- Abu Dhabi's Etihad Airways, one of three Gulf airlines that U.S. rivals say benefit from state subsidies, reported a 52 percent rise in annual profit on higher passenger numbers and increased revenue from cargo and partner airlines. Unlike Dubai- based rival Emirates, Etihad has based part of its expansion on investing in other carriers and owns...

  • Jason Rezaian, the Post's 39- year-old bureau chief in Tehran, is being tried in a Revolutionary Court on allegations of "espionage for the hostile government of the United States" and propaganda against the Islamic Republic, Iran's official IRNA news agency reported. Rezaian's brother, Ali Rezaian, later told The Associated Press in Washington that the...

  • "The United Arab Emirates is seeking to confirm its status as a spacefaring nation," he told a gathering at an event rolling out the federal body in the capital, Abu Dhabi, that featured models of Emirati satellites and waiters serving space-themed canapés, like hummus in metal squeeze tubes. Abu Dhabi's Al Yah Satellite Communications Co., better known as Yahsat,...

  • LONDON— With its classic red phone booth, pub, and medieval church, Harmondsworth's center looks quintessentially British. Harmondsworth is under threat because London and southeastern England need more airport capacity to meet the growing demands of business travelers and tourists. Heathrow and rival Gatwick, 30 miles south of central London, have offered...

  • Shake Shack extends run on "chicken shack" talk Friday, 22 May 2015 | 2:04 PM ET

    NEW YORK— Shake Shack's shares surged to another record high Friday, fueled in part by speculation that the hamburger chain could be thinking about dishing out chicken. Last month, a unit apparently tied to Shake Shack's parent company applied to trademark the words "Chicken Shack" for chicken sandwiches. Earlier this month, Shake Shack Inc. reported...

  • NEW DELHI, May 21- India's central bank is working to liberalize its foreign exchange rules to make it easier to do business with Asia's third-largest economy, Deputy Governor H.R. Khan said on Thursday, a step that could support flagging exports. "We have got a positive response from the RBI and it could soon issue directions to banks," said S.C. Ralhan, president of...

  • *Kuwait, Bahrain parliaments probing national funds. Issue of wasting resources becomes more sensitive. DUBAI, May 20- Running sovereign wealth funds in the Gulf has become an awkward business in the era of cheap oil, as their managers face growing pressure from politicians and the public to prove they're investing national reserves wisely.

  • DUBAI, May 20- An $85 million loan taken out by a Ugandan bank this year points to an emerging trend in international capital markets: the rise of the Gulf as a syndicated loan market for Africa and Asia. Stanbic Bank Uganda originally intended to raise $75 million through the 18- month deal in January, but expanded that because of strong interest from banks wanting...

  • *Middle East crude flows to China down over 10 pct since January. BEIJING/ SINGAPORE, May 20- Saudi Arabia and its main Middle East OPEC partners are turning down Chinese requests for extra oil as they hold back fuel for their own refineries just as demand from the world's biggest crude importer hits new records. Reuters pricing and trade flow data show a 40 percent...

  • DUBAI, United Arab Emirates— The property developer behind the record-breaking Burj Khalifa skyscraper in Dubai will float shares in its Egyptian subsidiary to raise cash for ongoing and future projects in the North African nation. Dubai- based Emaar Properties announced Wednesday that investors will have a chance to buy 13 percent of its Emaar Misr...

  • *Bellwether project seen reviving investment in Mongolia mining. ULAN BATAAR/ MELBOURNE, May 19- Mongolia and Rio Tinto have reached an agreement paving the way for work to resume on a stalled $5 billion underground copper mine that is expected to drive growth for both the country and the global miner. The Oyu Tolgoi project, which started producing from an open...

  • *Baghdad delays oil contract negotiations as prices rally. DUBAI, May 18- BP has cut its development budget for Iraq's giant Rumaila oilfield by $1 billion this year after the government warned a slump in crude prices and its battle against Islamic State was making it difficult to pay oil companies. The British oil major has agreed with Baghdad to reduce its 2015...

  • May 14- Etihad Airways on Thursday answered U.S. airlines' claims that the Abu Dhabi- based carrier benefits from subsidies, alleging that those airlines received more than $70 billion in government support since 2000, largely via bankruptcy protection and pension guarantees. Etihad presented its subsidy claims as the Obama administration is slated to...

  • LONDON, May 14- Singapore- flagged oil products tanker Alpine Eternity has reached the port of Jebel Ali in the United Arab Emirates safely after coming under attack in the Gulf earlier, the vessel's manager said on Thursday. A spokesman for the vessel's Norwegian manager Transpetrol said the vessel was attacked at sea at 0800 GMT on Thursday on its way to the UAE...