Ryanair to freeze salaries, hike fares as fuel prices soar amid US-Iran war
For its current financial year to the end of March, Ryanair has hedged 80 per cent of its fuel needs at around $67 a barrel, well below current market levels
Business
Abu Dhabi's Adia, Avolon and I Squared Capital to launch aviation investment platform | The National
Constellation expected to acquire seed portfolio of aircraft with current market value of $1.4 billion
Business
ROX delivers first 100 ‘Made in the Emirates’ vehicles, boosting UAE’s advanced manufacturing sector
The project reflects collaboration between the Ministry of Industry and Advanced Technology, Abu Dhabi Investment Office, KEZAD and ROX to turn industrial investment into local production capabilities
Business
Egypt raises over $650m in IPO of state-owned bank
The International Finance Corporation and the European Bank for Reconstruction and Development (EBRD) were among the top investors in the IPO.