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Virgin Australia eyes China hubs to end losing streak

Bloomberg Virgin Australia Holdings Ltd., the airline part-owned by HNA Group Co., aims to add two routes to mainland China to tap into the Chinese backer’s aviation hubs and the record flow of visitors heading Down Under. In an interview in Sydney, Chief Executive Officer John Borghetti mapped out a plan over the next five years to take advantage of ...

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UAE markets start trades on high note

ABU DHABI / WAM The UAE stock markets started the first session of the week on a slight rise, with some traders offsetting their options in the build-up to the closure of July accounts. In Sunday’s trading, the banking and real estate sectors drove the market slightly high, with traders still waiting for leading property companies to reveal their H1 ...

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Abu Dhabi approves AED750mn projects

ABU DHABI / WAM Developmental projects worth in excess of AED750 million have been endorsed for launch by the Abu Dhabi Executive Council. This came in a meeting of the Executive Council Executive Committee under the chairmanship of Jasim Mohamed Al Zaabi who affirmed the enterprises are aligned with the Abu Dhabi Plan objectives to ensure safe community, and a ...

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