INSEAD Day 4 - 728x90

flyadeal

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
  • Saudi Arabia weighs handing state airline Saudia over to PIF

    Riyadh, Saudi Arabia - Saudi Arabia is considering transferring ownership of its national carrier, Saudia, to the sovereign wealth fund, the Public Investment Fund (PIF). Reports said that this transfer would encompass other assets under Saudia's umbrella, such as its low-cost unit, Flyadeal. Bloomberg initially reported the discussions regarding PIF's...
  • Flyadeal adds A320neo to fleet

    It raises Saudi low-cost airline's fleet strength to 26.
  • Saudi Arabian Airlines the least complained about carrier in kingdom

    Saudi Arabian Airlines has been the least complained about airline in the kingdom during October 21, followed by Flyadeal. For every 100,000 passengers, Saudi Arabian Airlines received seven complaints and it had a complaint-processing rate of 82 percent. At 16 complaints per 100,000 passengers, Flyadeal came second. It had a...
  • Saudi Arabia set to launch new airline targeting international flyers

    The new airline is expected to carry people between nations within the region like Emirates, Qatar Airways Saudi airlines mostly operate domestic services and point-to-point flights Saudi Arabia is planning to launch a new national airline to target international flyers, said reports on Saturday, July 3. The move is aimed...