Reuters Higher sales helped Saudi Arabia’s Almarai to post a marginal rise in first-quarter net profit on Sunday, though the Gulf’s largest dairy company warned of challenging market conditions in the face of the region’s economic slowdown. Saudi companies are grappling with a protracted slump in oil prices that is putting government and consumer spending under pressure. One indicator of ...

Bloomberg India is considering restricting the number of flights that can take off or land at airports to cut noise pollution, in line with several European and American nations, a senior official at India’s aviation regulator said. The environment ministry is working with the Directorate General of Civil Aviation, the regulator, to formulate guidelines on the maximum noise levels to ...

Managua / AFP Nicaragua is to start a new national airline and expand its international airport under a deal with Russia involving Russian aircraft and a loan of up to $300 million, state media reported. Government officials did not immediately respond to queries seeking to verify the information. According to a report by the online news website 19 Digital, a ...