Government Business And 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

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

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

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

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

Iran says Europeans aren't buying oil despite US waivers

Feb 5, 2019

Iran's oil minister says European nations have not responded to offers to sell them crude oil despite having U.S. waivers

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

India budget offers tax cuts, handouts for poor farmers

Feb 1, 2019

India's pre-election budget offers tax cuts, handouts for poor farmers

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

Egypt's el-Sissi says most painful of reforms is over

Jan 23, 2019

Egypt's president says the most painful part of his economic reform program is over, but cautioned there is still some way to go before it's completed

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