Top StoriesAirlines to lose $84 bn due to the pandemic: IATAGBO CorrespondentJune 10, 2020 GBO CorrespondentJune 10, 2020 Revenue would likely fall to $419 bn from $838 bn last year...
Top StoriesEmirates to add 50 more destinations this monthGBO CorrespondentJune 2, 2020 GBO CorrespondentJune 2, 2020 The carrier resumed passenger flights to nine destinations across the world on...
Top StoriesAdnoc to cut crude nominations by 5% for JulyGBO CorrespondentJune 1, 2020 GBO CorrespondentJune 1, 2020 The decision is in line with OPEC’s last month’s decision to reduce...
Top StoriesPetrobras to issue global bonds in the US marketGBO CorrespondentMay 28, 2020 GBO CorrespondentMay 28, 2020 Petrobras hired BNP Paribas Securities, BofA Securities, Itau BBA USA Securities, J.P....
Top StoriesEtihad let go hundred of employees this month: ReportsGBO CorrespondentMay 20, 2020 GBO CorrespondentMay 20, 2020 The job cuts are a part of the measures undertaken by the...
Top StoriesEmirates to raise debt to survive coronavirus crisisGBO CorrespondentMay 11, 2020 GBO CorrespondentMay 11, 2020 The carrier said a recovery in travel was at least 18 months...
Real EstateDubai records real estate transactions worth Dh3.62 bn in AprilGBO CorrespondentMay 7, 2020 GBO CorrespondentMay 7, 2020 The market recorded 1824 transactions in the month of April...
Top StoriesEthiopian Airlines digitalises services to bring convenience amid pandemicGBO CorrespondentMay 5, 2020 GBO CorrespondentMay 5, 2020 State-owned Ethiopian Airlines has digitalised its services to provide convenience to its...
Top StoriesMTN Nigeria expands 4G coverage, gains market shareGBO CorrespondentApril 29, 2020 GBO CorrespondentApril 29, 2020 MTN Nigeria added 4.2-million subscribers during Q1 2020...
EnergyEgypt to invest $114 mn to upgrade electricity network in 2021GBO CorrespondentApril 28, 2020 GBO CorrespondentApril 28, 2020 The investment is for the Sinai and Suez Canal regions and Sharqeya...