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SpiceJet plans to raise $270 million after posting loss with many jets grounded

BLOOMBERG Indian carrier SpiceJet Ltd reported a net loss of 4.32 billion rupees ($52 million) for the three months through September, ending a run of three quarters of profits as more than a third of its planes were grounded. Second-quarter revenue fell 27% from a year earlier to 14.3 billion rupees, while total costs fell by the same amount to ...

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Sharjah Shopping Promotions kicks off 2023 edition

SHARJAH / WAM The Sharjah Shopping Promotions 2023 kicked off on Friday with an opening event that delighted audiences, bringing smiles to the faces of all. Organised by the Sharjah Chamber of Commerce and Industry (SCCI), Sharjah Shopping Promotions is a leading promotional and entertainment event featuring countless programmes and shopping deals throughout the various regions and cities of Sharjah. ...

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