Bloomberg Avianca passengers face longer flight times to Europe and parts of the Caribbean as the Colombian carrier avoids Venezuelan airspace amid security fears. Flights to London and Madrid will take an extra 10 minutes, while steering clear of President Nicolas Maduro’s Venezuela will add 42 minutes to flights to Curacao, according to company estimates seen by Bloomberg. The company …

ABU DHABI / WAM The total trading value of foreign investments in Abu Dhabi Securities Exchange (ADX) hit AED26.9 billion during H1, 2017, accounting for 47.3 percent of ADX total trading during the same period, which amounted to around AED56.5 billion, reflecting foreign investors’ growing confidence in the country’s economy. Foreign non-Arab investors topped the list with AED15.9 billion of …

ABU DHABI / Agencies First Abu Dhabi Bank (FAB), created by a merger of National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) on Wednesday reported a net profit of AED2.56 billion for the second quarter. This is the first combined results of Abu Dhabi’s two biggest banks, FGB and NBAD, after their merger in April to create …