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Ryanair, British Airways ground planes as Ophelia hits Ireland

Bloomberg Airlines including Ryanair Holdings Plc and IAG SA’s Aer Lingus and British Airways are set to ground hundreds of flights and said more cancellations are likely as 90-mile per hour winds from Storm Ophelia slammed into Ireland. Ryanair halted 92 flights from across Europe as of 11:25 am Irish time, according to updates on its website. Dublin-based competitor Aer ...

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Death toll in Somalia’s bombing rises to 231

Bloomberg The death toll from a truck-bomb blast in Somalia’s capital climbed to more than 200 people, as the African Union urged greater international backing for the government’s fight against extremists. The explosion, the nation’s deadliest single attack, killed at least 231 people and injured 275 others, the Associated Press reported, citing Senator Abshir Abdi Ahmed. The blast occurred on ...

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SIB profit surges 7.2% in 9 months

SHARJAH / WAM The Sharjah Islamic Bank (SIB), posted a net profit of AED360 million for the nine months of 2017 compared to AED335.8mn for the same period last year, a 7.2% increase. Total assets reached AED37.8bn at the end of Q3 of 2017, compared to AED33.5bn at the end of 2016. Liquid assets hit AED 8.2bn or 21.6% of ...

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