INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Russia to resume charter flights to Egyptian resorts

Russian charter airplane Ural airlines arrives at the airport of the Red Sea resort of Sharm el-Sheikh, Egypt November 12, 2015. REUTERS/Asmaa Waguih
    • Russia had suspended the service after its plane crashed in Egypt, killing all the 224 passengers on board

    • The plane had been taking Russian holiday makers home from Sharm el-Sheikh to St. Petersburg in 2015

    Nearly six years after a Russian plane with 224 passengers on board crashed over the Sinai Peninsula, killing all on the plane, Russia will begin a service of charter flights to Egyptian resorts in the coming days.

    Russian charter flights to Egyptian resorts are expected to resume in the coming days after a years-long hiatus, the Interfax news agency cited the boss of Aeroflot as saying on Friday.

    Flights to resort destinations Sharm Al-Sheikh and Hurghada were suspended after a Russian passenger plane crashed in Sinai in October 2015, killing 224 people.

    The plane had been taking Russian holiday makers home from Sharm el-Sheikh to St. Petersburg in 2015, when it broke up over the Sinai Peninsula, killing all on board. A group affiliated with Daesh militants claimed responsibility.