ABU DHABI / WAM The UAE’s various industrial zones have a critical role to play in the country’s sustainable industrial development and broader economic prospects, according to the leaders of several major national industrial zones. Speaking at the second Make in the Emirates Forum on Thursday, Mohamed Al Khadar Al Ahmed, CEO of the Khalifa Economic Zones Abu Dhabi (Kezad) ...

BLOOMBERG Deutsche Lufthansa AG is about to embark on a tough journey to pull off a quick turnaround of Alitalia’s successor ITA Airways and overcome two decades of constant losses. Lufthansa agreed to buy a minority stake in ITA, and its executives think they can succeed where other managers failed: wringing a profit from the airline that long flew the ...

BLOOMBERG Go Airlines India Ltd plans to raise salaries of captains by 100,000 rupees ($1,211) a month and by 50,000 rupees for first officers as it tries to salvage its operations after filing for insolvency on May 2. The additional pay, which the airline calls a retention allowance, will come into effect on June 1, according to an email to ...