ISLAMABAD / WAM Pakistan and Saudi Arabia on Tuesday agreed to strengthen their relationship particularly in the economic domain including cooperation in trade, investment and technology. Foreign Minister Shah Mahmood Qureshi and his Saudi counterpart Prince Faisal bin Farhan bin Abdullah in a joint presser held at the Ministry of Foreign Affairs, vowed to continue extending support to each other …

Bloomberg Ryanair Holdings Plc intends to pump more capacity into European markets in the coming months, keeping ticket prices low so it can overpower weaker rivals as travel rebounds in Europe. The region’s biggest low-cost carrier said that it expects to post a profit this quarter, even as it prioritises filling planes until demand fully rebounds. The summer high season …

Bloomberg South Africa’s Mango Airlines will enter a local form of bankruptcy protection, according to the head of its parent, South African Airways (SAA). There’s agreement between shareholders and the board on the matter, and Mango is consulting with labour groups, SAA interim Chief Executive Officer Thomas Kgokolo told eNCA television. Mango employees were seeking to force the low-cost carrier …