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Oman Air, the flag carrier of the Sultanate, said its total revenue rose four per cent to RO398.3 million ($1.03 billion) in 2014 when compared to the same period a year ago.
March 30, 2015 - 06:26 GMT
Oman Air, the flag carrier of the Sultanate, has ordered 20 Boeing 737 aircraft as part of a plan to double its fleet to 70 planes by 2020.
French-US oil services giant Schlumberger Ltd. was fined $232.7 million by the Justice Department Wednesday for violating sanctions on Iran and Sudan.
March 29, 2015 - 16:27 GMT
According to the charges, the company's Texas-based drilling and measurements unit provided services to Iran and Sudan between 2004 and 2010 and tried to hide the fact from authorities.
The project has stoked controversy over the Israeli cable car's planned route, which passes through parts of mostly Arab east Jerusalem.
March 29, 2015 - 14:21 GMT
"To avoid any political interpretation, Suez Environnement has decided not to take part in this project," it said.
The stadium advertisements, which will appear during the matches of the league’s quarter-finals onwards, will show Europeans promotional material of tourism sites in Jordan for the first time
March 29, 2015 - 06:55 GMT
Millions of football fans watching the UEFA Champions League will see advertisements of Jordan’s golden triangle of tourism: Aqaba, Petra and Wadi Rum, an official said on Thursday.
Al-Madaj become the second cabinet minister to quit this month after facing public criticism.
March 29, 2015 - 05:55 GMT
Local media says a member of parliament had demanded to question the minister in parliament for allegedly failing to protect the rights of small shareholders.
Saudi Arabia’s main index tumbled 5.0 per cent on Wednesday amid reports that the kingdom was amassing troops and military equipment on its border with Yemen.
March 29, 2015 - 05:55 GMT
Gulf stock markets fell sharply in early trade on Thursday after Saudi Arabia and its allies in the region launched air strikes in Yemen, escalating the military conflict there.
The airports affected include Jizan, Abha and Wadi al- Dawaser, the General Authority of Civil Aviation said.
March 29, 2015 - 05:55 GMT
Saudi Arabia has suspended international and domestic flights at seven airports in its south.
Among other precious metals, platinum was up 0.6 per cent at $1,153.25 an ounce, while palladium was up 1 per cent at $770.39 an ounce.
March 26, 2015 - 20:00 GMT
Gold rallied to a 3-1/2 week high on Thursday and silver rose nearly 3 per cent as escalating tensions in the Middle East knocked stocks.
Brent crude oil shot up nearly 6 percent on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen
March 26, 2015 - 13:20 GMT
The strike against Houthi rebels, who have driven the president from Yemen's capital Sanaa, could stoke concerns about the security of Middle East oil shipments
Dubai’s rentals remain stuck on a high.
March 26, 2015 - 12:07 GMT
Dh80,000 won’t get you far when it comes to finding a two-bedroom apartment in Dubai.
Chairman of Abu Dhabi Airports, thanked Douglas in Wednesday’s statement for his “outstanding service” and “hard work” as Chief Executive
March 26, 2015 - 11:34 GMT
Chairman of Abu Dhabi Airports, thanked Douglas in Wednesday’s statement for his “outstanding service” and “hard work” as Chief Executive