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Flying in US more comfortable due to virus

Bloomberg While the novel coronavirus has killed thousands and roiled economies, there’s been an unlikely upside for air travel in the US. Passengers flying in America now have more cabin space as airlines are deploying wide-body aircraft domestically because demand for international routes has slumped, according to OAG Aviation Worldwide. “Such short-term fleet changes create great opportunities for the regular ...

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Abu Dhabi records AED58bn worth of realty deals in 2019

ABU DHABI / Emirates Business The Department of Municipalities and Transport (DMT) in Abu Dhabi announced that the total value of real estate transactions in Abu Dhabi during 2019 reached AED58 billion as 19 thousand transactions were completed. The transactions included sales and mortgages of lands, buildings and real estate units. A report issued by DMT on the indicators of ...

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Oil rises as Saudis push for deeper Opec+ output cuts

Bloomberg Oil rose for a third day after Saudi Arabia pushed for a deeper output cut than Organisation of Petroleum Exporting Countries (Opec’s) technical committee recommended a day earlier. The Saudis are looking for a cut of more than 1 million barrels a day, after the Joint Technical Committee suggested an supply reduction of 600,000 to 1 million barrels a ...

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