Finance

Budget carrier FlyDubai ends 2018 with $43.5M loss

Feb 20, 2019

FlyDubai says revenues rose to $1.7 billion in 2018, but the company ended the year with a loss of $43.5 million

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17 killed in fire at shoddy New Delhi hotel, 4 others hurt

Feb 12, 2019

Seventeen people have died in a fire at a hotel in an area of central New Delhi full of shops and hotels popular with tourists; at least 4 others were injured and three dozen rescued

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At Dubai summit, Pakistan premier warns of 'painful' reforms

Feb 10, 2019

Pakistan's Prime Minister Imran Khan says his nation needs 'painful' economic reforms to cut back on its massive debt just after meeting IMF chief

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Long lines to buy meat illustrate Iran's economic woes

Feb 8, 2019

Iran's economy struggles as the country marks the 40th anniversary of the Islamic Revolution

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India's central bank surprises with cut in key lending rate

Feb 7, 2019

India's central bank surprises with cut in key lending rate, to 6.25 percent

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UAE's tolerance embraces faiths, runs up against politics

Feb 2, 2019

The UAE's push for tolerance ahead of Pope Francis' visit runs up against hard limits of political expression

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Oil & Gas

Saudi crown prince backs India's fight against terrorism

Feb 20, 2019

Saudi Crown Prince Mohammed bin Salman has offered intelligence sharing and other cooperation with India in fighting extremism and terrorism

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Saudi Crown Prince arrives in India amid row with Pakistan

Feb 19, 2019

Saudi Crown Prince Mohammed bin Salman has arrived in India after visiting Pakistan, which New Delhi blames for a suicide bombing last week that killed at least 40 Indian soldiers in disputed Kashmir

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Long lines to buy meat illustrate Iran's economic woes

Feb 8, 2019

Iran's economy struggles as the country marks the 40th anniversary of the Islamic Revolution

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India becomes world's 2nd largest LPG importer after China

Feb 6, 2019

India has become the world's second largest importer of liquefied petroleum gas as its government pushes cleaner alternatives to traditional cooking fuels such as firewood and cow dung

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As Tsipras visits, Turkey sets bounty for officers who fled

Feb 5, 2019

Greek Prime Minister Alexis Tsipras is paying a two-day visit to Turkey for talks with President Recep Tayyip Erdogan on the often-strained relationship between their countries that are NATO allies

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Iraqi parliament approves budget of $112 billion for 2019

Jan 24, 2019

Iraqi parliament approves 2019 budget of $112 billion after much wrangling over apportion of revenue

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