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Bloomberg British Airways parent IAG SA agreed to buy Air Europa in a move that will bolster a Spanish lineup that already includes former national carrier Iberia and discount operator Vueling. IAG will buy the Spanish airline, which serves 69 domestic and international destinations, from tourism group Globalia for 1 billion euros ($1.1 billion), the London-based company said in a …

Bloomberg The Nordic operations of Thomas Cook have been bought by a group of local investors, a little over a month after the parent company went bust. Billionaire Petter Stordalen’s Strawberry Group will team up with Altor Fund V and TDR Capital to take over the assets of Thomas Cook Northern Europe, or Vinggruppen, the group said. “Their great industry …

Bloomberg Ryanair Holdings Plc’s second-quarter profit rose 8% as a revenue boost from extras like speedy boarding and reserved seats outweighed the impact of lower fares and the grounding of Boeing Co’s 737 Max jetliner. Net income increased to 910 million euros ($1 billion) from 841 million euros a year earlier, Europe’s biggest discount carrier said in a statement on …

GULF TIME Vapiano is set to introduce breakfast for the first time in its history across its UAE outlets, marking an exciting new chapter for the international dining brand. The new Vapiano Breakfast Menu has been created to bring a fresh, social, and relaxed international lifestyle experience to the morning dining scene, offering guests a new way to begin their …

NEW WEST ZONE SUPERMARKET LLC, the registered and exclusive owner of the trademark “WEST ZONE” in the United Arab Emirates, hereby declares that  the company has no procurement or marketing branch operating in any of the Emirates in the UAE except “ Dubai”. The public, customers, and suppliers are hereby cautioned not to deal with any entity claiming to represent or belong …

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements …

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering …