LATAKIA / WAM The Emirates Red Crescent (ERC) distributed around 1,500 school bags and stationery to Syrian students in the Latakia Governorate, one of the areas affected by the recent earthquake that hit the country. The aid is the first phase of an initiative to distribute more than 10,000 school bags and stationery to several Syrian governorates. It is part ...

DUBAI / WAM Emirates NBD has successfully priced a five-year $600 million sukuk for Air Lease Corporation (ALC), marking the first sukuk issued by a US corporation. The strong demand for the sukuk saw orders of over $2.2 billion, allowing ALC to increase the offering to $600 million. The profit rate was tightened by 30 basis points to 5.85%, at ...

ABU DHABI / WAM Etihad Airways has announced the launch of reciprocal interline partnerships with three new airline partners — Philippine Airlines (PAL), Austrian Airlines (OS) and Airlink South Africa (4Z), while re-launching interline links with Biman Bangladesh and codeshares with Air Seychelles (HM) and ITA Airways (AZ). The deal means customers of all airlines involved will enjoy enhanced connectivity ...