Saudi Ground Services has hired the bank to advise as it plans to list 30 per cent of its shares.
India’s flagship airline welcomes the arrival of its first Boeing 787, ahead of its first Dubai route.
The agreement does not include a global revenue-sharing deal or equity injection from either side.
Monthly traffic surpassed five million passengers for the first time.
The Dubai-based airline also supports over 72,000 jobs in India through its operations, says study.
The Abu Dhabi-based carrier has doubled its stake in the Australian carrier but no plans for a majority.
The plant may come up next to a new aluminum smelter in the Kingdom, says Tata Motors chairman.
Gulf Air CEO, Samer Majali, says a consultative leadership style is the best way to energize and motivate employees.
The multi-billion dollar Khalifa Port can handle 12 million tons of general cargo annually in the first phase.
Bahrain’s loss-making national carrier announced that revenues and passenger numbers rose during the first half of the year.
The two parties will use international arbitration if they are unable to reach an agreement, says official.
The metro system, the third one planned in the Kingdom, is estimated to cost around $9.3 billion.
Abu Dhabi’s flag carrier announces daily services will begin early next year.
The Indian carrier will also resume services to Kuwait and Bahrain from Kochi in its winter schedule.
The Abu Dhabi-based carrier bought over $10 million worth of Virgin shares to raise its stake from 5.1 per cent last month.
With the GCC expected to spend $79 billion in the next 10 years on railways, metro and tram projects, this development is being heralded as a transport revolution.
RAK Airport sees influx of European and Russian tourists.
Bahrain’s flag carrier will restart routes into both countries from next month.
Bahrain’s flag carrier will begin a new daily flight to Dubai and several new flights across the subcontinent.
A mix of US, British and Qatari firms will all manage the various lines and stations as part of the planned $36 billion system.
The Dubai-based airline will begin operating flights to Tripoli from October 29.
A quick catch up with the regional boss of the Germany’s national carrier.
Qatar Airways has entered an interline agreement with Canada’s short-haul carrier, Porter Airlines.
The UAE’s largest low-cost airline saw gains from under-served routes last quarter.
Saudi’s transport system may be overhauled with 30,000 monitored taxis.
Carriers in the region saw passenger demand increase by over 18 per cent year-on-year in June, says IATA.
Emirates’ chairman Sheikh Ahmed bin Saeed al-Maktoum clarified that the deal will not include a revenue-sharing agreement.
The port operator said that it handled 28.2 million TEU (twenty-foot equivalent container units) in the first half of the year.
Under the million-dollar contract, Siemens will supply 19 trams, technology and equipment to Qatar Foundation.
Dubai’s flagship carrier is closer to a tie-up with the Australian airline, sending Qantas shares up eight per cent.