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Airlines rely on governments to provide them with the information from sources they don’t have access to, such as military or secret service information.
12:30 GMT

Airlines have been rethinking flight routes since the downing of Malaysia Airlines Flight MH17, killing all 298 people on board, earlier this month over a rebel-held area of eastern Ukraine.

The start of Eid Al Fitr sees tourists from the region flock to the UK with Worldpay’s data showing that they are set to exceed by a quarter the £152.40 ($258.83) per transaction registered in August last year.
12:19 GMT

Visitors from the Middle East are forecast to increase their spending in the UK by 25 percent post-Ramadan, according to card processing firm Worldpay.

The line provides reassurance about Morocco's economic policies to foreign lenders, investors and rating agencies, allowing it to tap international capital markets at favorable borrowing terms.
04:55 GMT

The International Monetary Fund said on Monday it will provide Morocco a $5 billion credit line to help the North African country pursue a reform agenda to achieve rapid and more inclusive economic growth.

The start of Eid Al Fitr sees tourists from the region flock to the UK with Worldpay’s data showing that they are set to exceed by a quarter the £152.40 ($258.83) per transaction registered in August last year.
04:55 GMT

Visitors from the Middle East are forecast to increase their spending in the UK by 25 percent post-Ramadan, according to card processing firm Worldpay.

July 28, 2014

Stover added that the current Tamar pipeline has on several occasion reached its full capacity due to high demand in Israel.
04:13 GMT

"The third quarter estimate also included a reduced assumption for natural gas sales in Israel as a result of the ongoing conflict."

Boeing also reported it had discussions with the flag carrier's subsidiary, Iran Air Tours, on the potential sale of similar goods and services.
03:47 GMT

Boeing has struck a deal with Iran Air to provide plane parts, the first time the US firm will be doing business with Iran since the US embargo of 1979.

July 27, 2014

 The artificial canal witnessed a passing of 50 ships carrying 3.8 million tonnes on the same day it celebrated its 58 anniversary of nationalisation
23:08 GMT

"The nationalisation of the canal ushered in a process of regaining control over the economic and political keys to national self-determination."

The government's allegations of 'immoral activities' in some hotels are believed to be a reference to prostitution.
22:57 GMT

In the past, Eid has meant an increase in customer numbers for the hotels in Bahrain classified as three-star.

He also pointed out an improvement by 3.8 percent in the business of travel agencies during the past six months compared to the same period last year.
22:45 GMT

Abboud noted that the airlines’ activity will remain this way until Sept. 10, expressing optimism for a great tourism season in August.

Another criticism of the THY board is that the company is forced to make large purchases that are difficult to afford in the long term.
05:40 GMT

The carrier currently flies to more country destinations than any other company in the world.

Amman has dropped 14 places from 89 to 103 in Mercer’s 2014 Cost of Living Survey, which shows the most expensive expatriate destinations in the world.
05:16 GMT

But expatriates and an analyst said they find Amman “a city that gets more and more expensive every year”.

US oil production has embarked on an unprecedented 50 percent rise over the past four years as new drilling techniques allowed oil to flow from vast shale reserves
04:54 GMT

If Exxon presses ahead, the investment would be a further indication that the American oil giant is breaking ranks with many of its big global rivals.

July 24, 2014

Dubai International saw a rise in passenger traffic despite a runaway refurbishment programme earlier this year (File/AFP)
14:27 GMT

Good news in time for Eid! Dubai International's passenger traffic has already topped expectations and is up by 6.2 percent in the first half of 2014.

Emirates NBD profits were helped by revenue growth in Retail Banking & Wealth Management, along with the Islamic banking subsidiary, Emirates Islamic (File/AFP)
13:55 GMT

The UAE's largest bank, Emirates NBD, reported a net profit growth of 30 percent for the first half of the year.

Majid Al Futtaim is one of the leading shopping mall, retail and leisure pioneers in the Middle East (File/AFP)
12:39 GMT

Major retailer Majid Al Futtaim reported a 14 percent increase in revenue for the first half of the year, compared to 2013.