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Oman Owes Gulf Air $310mn

The Bahraini carrier said that the sum has been outstanding from the time Oman pulled out of Gulf Air in 2007.

11.8mn Ride Dubai Metro’s Green Line

The recently inaugurated Green Line saw more than 11.8 million passengers during its first five months.

Mashreq Loans $80mn To Gulf Air

The struggling Bahraini carrier will use the amount to meet its medium-term capital needs.

Etihad Reports $14mn Net Profit

This is the first time that the UAE airline, started eight years ago, has recorded a profit.

Emirates Eyes $517mn Loan

The airline is planning an Islamic loan facility to fund two of its planes, according to reports.

IATA: 2011 Demand Grew

The International Air Transport Association (IATA) reported that full year 2011 passenger demand rose 5.9 per cent.

Bahrain’s Gulf Air To Downsize

The airline’s CEO said that it was unlikely that the struggling carrier would be dissolved or sold.

Increasing Sales For Volkswagen ME

The German car company delivered 11,000 vehicles in the region during 2011, recording a 21 per cent sales growth for the year.

Bahrain Airshow Nets Deals

The signing of $930 million worth of trade deals at the Bahrain International Airshow has raised expectations for 2014.

Saudi, Spain Sign $8.2bn Rail Deal

The Spanish consortium won the bid to build the second phase of the HHR.

Spearheading The Space Agenda

As Abu Dhabi presses ahead with its aerospace programme, Gulf Business talks to the firm at the forefront of the capital’s bold plans.

GCC Railways On Track?

Billion-dollar railway projects are finally gaining momentum in Saudi Arabia, Qatar and the UAE.

Private Jet Usage Soars

The Arab Spring boosted private jet travel as diplomats and business leaders engaged in peace talks.

Emirates Flying High

As many airlines focus on cutting losses and battling through a probable downturn, one Gulf carrier has loftier ambitions.

What’s The West’s Problem?

Akbar Al Baker, CEO of Qatar Airways, speaks out on his detractors and his record order book.

Turbulent Times

It’s been a mixed bag for Middle East airlines as they battle with regional uprisings on the ground, but UAE profits have soared as passengers flock to safer climes.