Economy



Brent crude oil falls to 4-month low of $53.33

LONDON: Oil hit four-month lows on Monday after a steep drop in Chinese stock markets spread concerns about the economic health of the world’s biggest energy consumer and more evidence emerged of a gl



Abu Dhabi real estate market remains stable

ABU DHABI: Jones Lang LaSall (JLL), the world's leading real estate investment and advisory firm, Monday released its second quarter (Q2, 2015) Abu Dhabi Real Estate Overview report that assesses the








Delta to buy stake in China Eastern Airlines for $450m

NEW YORK: Delta Air Lines will buy a stake in China Eastern Airlines as the two carriers strengthen their partnership serving the United States and China, the companies announced.



Ryanair Q1 profits rise to $270 million

LONDON: Irish no-frills airline Ryanair said that net profits jumped by almost a quarter in the first three months of its financial year, helped by keen demand and cost-cutting.



Sipchem Q2 net profit drops 55%

JEDDAH: Saudi International Petrochemical Co.

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