Cash strapped Indian airline Jet Airways has stopped all operations after failing to get a fresh bailout package.
The airline has $1.2 billion in outstanding debt and had cut down its 123 plane fleet to just 5 aircraft before ceasing all operations.
Neha Poonia reports:
ADNOC completes $2.84 bn marketed offering of ADNOC Gas shares
Abu Dhabi National Oil Company (ADNOC) announced on Friday the final offer price and successful completion of the marketed offering to institutional investors of 3.1 billion ordinary shares in ADNOC Gas plc.
Etihad Airways hits record profit of AED 1.7 billion in 2024
Etihad Airways tripled its net profit to AED 1.7 billion ($476 million) last year, driven by AED 25 billion ($6.8 billion) in combined passenger and cargo revenue, the UAE carrier said on Wednesday.
UAE hotels record AED 37.1 billion in revenue last year
Hotels in the UAE generated approximately AED 37.1 billion in revenue from January to October 2024, marking a four per cent increase compared to the same period in 2023.
Apple launches low-cost iPhone 16e
Apple launched its latest low-cost model, dubbed the iPhone 16e, on Wednesday as it looks to grab a bigger share of the mid-range smartphone market and fend off competition from rivals such Samsung and China's Huawei.
The Rock and Chris Evans: A Christmas Surprise!
Hear Maz & James chatting to the featured artists every month with Flash Entertainment.
Every weekend Kris Fade plays the biggest tracks in the Middle East. Check out this weeks chart...
From taking us down memory lane to a possible BAD BOYS 5 in Dubai?
