Bloomberg Iron ore forecasts for the five years through 2020 have been revised higher by the World Bank after the commodity rallied in the first quarter on a surge in steel prices in China, the largest user. The raw material is expected to trade at $50 a metric ton this year, $51.50 in 2017 and extend gains to $56.20 ...

  ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, on Wednesday announced its strongest annual financial results to date, with a net profit of US$103 million on total revenues of US$ 9.02 billion. The performance, which marked the airline’s fifth consecutive year of net profitability, also saw earnings before interest and tax, EBIT, of ...

  DUBAI / Emirates Business The Telecommunications Regulatory Authority (TRA) is set to launch “Customers Happiness Week” event under the slogan “Your Happiness, Our Happiness” from April 28 to May 4. The event is part of the TRA’s efforts to enhance its relation with its strategic partners and promote communication with customers to determine their current needs and renewable desires. ...