Bloomberg India’s government should avoid a fiscal stimulus to spur the economy, and focus instead on cutting public debt so that financial resources can be freed up for investment, the International Monetary Fund (IMF) said. While the national government has a budget deficit target of 3.3% of gross domestic product (GDP) in the year through March, a better reflection of ...

Abu Dhabi / WAM Etihad Airways has announced that it will operate its seasonal routes from Abu Dhabi to Alexandria, Egypt, and Salalah, Oman, between June 25 to September 15, 2020. Due to the success of the routes in 2019, the period of operation has been extended by three weeks and a new fifth weekly service introduced on both routes ...

Sharjah / WAM Dana Gas received a one-off $42 million (AED154 mm) dividend payment from Pearl Petroleum Company in the Kurdistan Region of Iraq (KRI), the company said in a press release issued on Tuesday. The payment has been distributed as a dividend by Pearl Petroleum (35% ownership by Dana Gas). The payment follows the release of an additional $120 ...