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Dubai / Gulf Time flydubai, the Dubai-based airline, announced on Thursday the launch of flights to Samarkand in Uzbekistan from September 20 with a twice-weekly service. With the addition of flights to Samarkand, flydubai grows its operations in the market to two points including the capital, Tashkent. Flights to Samarkand International Airport (SKD) will operate from Terminal 3 at Dubai ...

  Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (Adex) signed two loan agreements with the Electricity and Water Authority in Bahrain to finance a water supply network project. Under the agreements, ADFD has committed to provide a loan of AED150.6 million, and Adex to provide a loan of AED187.32 million. The ...

  Abu Dhabi / WAM Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, has said that the historic address of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the nation reflects the UAE wise leadership’s vision for the future of the country and its community, as well as the outlook of the nation for the coming ...

If you lean towards supporting Russia in its invasion of Ukraine, or if you’re a pacifist convinced of the inherent criminality of armed conflict, you’ll find evidence that, for all of its adroit messaging, Ukraine’s conduct during the war is hardly impeccable. There’s the recent United Nations report that appears to confirm Vladimir Putin’s frequent accusation that the Ukrainian military ...

It was too quiet to last. A sustained and brutal destruction of capital in India’s telecom industry was only just starting to give way to a period of peace and calm. The three operators who survived out of the dozen on the scene in 2016 must have been grateful for the end to a debilitating price war. Stable market shares ...

  Worried about a recession? Let industrial distributor Fastenal Co offer some perspective. The Winona, Minnesota-based company specialises in supplying factory-floor odds and ends to manufacturers and construction companies, and its earnings can often be a harbinger of the results its customers will report later this month. Fastenal said that demand was generally healthy but that there were certain signs ...

  Vladimir Putin is sabotaging Europe’s energy supply, and the economic outlook looks grim. Isn’t that enough to get governments into emergency mode? And yet, the European finance ministers who bothered to show up in Brussels spouted their usual, calm one-liners: Europe is working on contingencies, an economic recession can still be avoided and it is impossible to predict whether ...

  Bloomberg Delta Air Lines Inc fell short of profit expectations in the second quarter and said high operating costs will persist through the rest of the year, weighing on a possible rebound as carriers try to capitalise on continued strong travel demand. So-called unit costs will climb as Delta extends constraints on its flying capacity for the remainder of ...

Bloomberg Scandinavian carrier SAS AB has warned that emergency funding related to a bankruptcy process in the US is at risk from a pilots strike that entered its 11th day on Thursday. The airline, which filed for chapter 11 bankruptcy protection, remains in talks with potential lenders to obtain debtor-in-possession financing for as much as $700 million as part of ...

Bloomberg Amazon.com moved a step closer to settling two European Union antitrust probes into how the US ecommerce giant uses rivals’ sales data and whether it unfairly favours its own products, after it proposed remedies to appease EU concerns. The European Commission said that it’s asking rivals for their feedback on a proposed deal in antitrust probes looking into its ...