Reuters Saudi Arabian telecoms company Mobily slumped after worse than expected results on Monday, but the market was buoyed by stronger quarterly earnings from the insurance sector, while performance across the rest of the region was mixed. Shares of Etihad Etisalat(Mobily) tumbled 6 percent to 21.05 riyals after it swung to a net loss of 163 million riyals ($43.47 ...

  Bloomberg Norwegian Air Shuttle ASA will fly from London to Singapore beginning this fall, taking on British Airways and Singapore Airlines Ltd. as it expands its long-haul budget services in Asia. Tickets on the new route will start at 179 pounds ($230) one-way, with ‘premium’ seats priced from 699 pounds, Norwegian said in a statement. The service will commence ...

  Abu Dhabi / Emirates Business Etihad Aviation Group (EAG) on Monday announced the appointment of Robin Kamark as Chief Executive Officer, Airline Equity Partners. Kamark will be responsible for leading and developing the Group’s minority equity investment strategy, which includes stakes in airberlin, Alitalia, Jet Airways, Air Serbia, Air Seychelles, Etihad Regional and Virgin Australia. Reporting to the Group ...