DUBAI / WAM Air Arabia Abu Dhabi, the capital’s first low-cost carrier, has announced the introduction of a new service to Manama, the capital of Bahrain, starting from May 15. Abu Dhabi travellers will now be able to fly direct to Bahrain International Airport with competitive prices and a frequency of three weekly flights. Adel Al Ali, Group Chief ...

  DUBAI / WAM Ithra Dubai, a leading real estate developer and manager, fully owned by the Investment Corporation of Dubai, announced the grand opening of the Dubai Gold Souk Extension (GSE). The opening ceremony was attended by key representatives from Ithra Dubai and Dubai Jewellery Group. An inaugural celebration with a golden line-up of entertainment, activations, and promotions will ...

  Bloomberg KKR & Co agreed to acquire French solar and biomass power producer Albioma SA in a deal valued at about 1.6 billion euros ($1.7 billion), in the latest sign of investor demand for renewable energy assets. The buyout firm offered 50 euros per Albioma share, plus a cash dividend of 84 cents, according to a statement, confirming an ...