FRANKFURT: A new walkout by Lufthansa pilots has forced the cancellation of 50 flights in Frankfurt, Germany's busiest airport, affecting roughly 20,000 passengers, the airline said.
The price of crude oil has fallen to its lowest level in over two years in line with current economic conditions.
LONDON: US demand for petroleum products has experienced an unprecedented and broad-based decline over the last eight years as soaring oil prices have forced consumers to become more efficient and see
DUBAI: Dubai's Emaar Properties confirmed on Monday that the initial sale of shares in its malls unit priced at the top of the proposed range amid massive demand from investors, making it the largest
ALKHOBAR: Saudi Arabia's National Industrialization Co.
DUBAI: United Arab Emirates energy firm Dana Gas said on Monday that it had been awarded exploration deals for two onshore gas blocks in Egypt.
Saudi Arabia has proven oil reserves of 266 billion barrels and a current estimated spare production capacity of 2.7 million barrels a day.
DUBAI: A landmark ruling by the court system in Dubai's financial free zone suggests the emirate is starting to influence the way international business disputes are resolved in the Middle East, partl
MADRID/SYDNEY: A year after Spain, the sunniest country in Europe, issued notice of a law forcing solar energy-equipped homes and offices to pay a punitive tax, architect Inaki Alonso re-installed a 2
FRANKFURT: Lufthansa pilots turned up the pressure on management in an ongoing dispute over early retirement provisions on Monday by calling a fourth day of walkouts.
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