Edition:
India

Alexander Cornwell

DAMAC says pause needed for Dubai real estate recovery

17 Oct 2019

DUBAI The chairman of DAMAC Properties said on Thursday property developers should refrain from launching any new residential projects in Dubai for at least a year in order to kickstart a recovery in a market where prices are down sharply.

Iran urges diplomacy to lower tensions, but decries tanker incident

14 Oct 2019

DUBAI Iran on Monday urged regional powers to use diplomacy to reduce tensions including Yemen's war, but cautioned that an Iranian tanker damaged in the Red Sea last week had been hit by rockets and there would have to be consequences.

Emirates president says he does not expect to take any Boeing 777x in 2020

14 Oct 2019

DUBAI Emirates doubts it will receive any of the 115 Boeing 777-9s it has ordered next year, its president said on Monday, as the U.S. planemaker grapples with challenges in building the jet.

UPDATE 1-Emirates president says he does not expect to take any Boeing 777x in 2020

14 Oct 2019

DUBAI, Oct 14 Emirates doubts it will receive any of the 115 Boeing 777-9s it has ordered next year, its president said on Monday, as the U.S. planemaker grapples with challenges in building the jet.

Emirates says airline can still fly to Mexico, despite court ruling

13 Oct 2019

DUBAI/MEXICO CITY, Oct 13 Emirates still has the right to offer flights to Mexico City, the Dubai state-owned carrier said on Sunday, after Mexican airline Aeromexico disputed an agreement between the United Arab Emirates and Mexico.

Dubai ready to take on more debt if needed - economic adviser

02 Oct 2019

DUBAI Dubai continues to service its debt and is ready to take on more if needed, an economic official said on Wednesday, adding that current debt was $124 billion.

UPDATE 2-Saudi economic growth slows sharply in Q2, raising recession risk

30 Sep 2019

DUBAI, Sept 30 Saudi Arabia's economy slowed sharply in the second quarter amid oil output cuts by the world's largest crude exporter, government data showed on Monday, raising fears of an economic contraction this year.

Exclusive: Dubai Aerospace drops plans for big aircraft order, targets M&A deal

30 Sep 2019

DUBAI Dubai Aerospace Enterprise favors expanding its fleet via a takeover of a rival after the group was unable to agree on a major order from Airbus and Boeing , its chief executive said.

EXCLUSIVE-Dubai Aerospace drops plans for big aircraft order, targets M&A deal

30 Sep 2019

DUBAI, Sept 30 Dubai Aerospace Enterprise favours expanding its fleet via a takeover of a rival after the group was unable to agree on a major order from Airbus and Boeing, its chief executive said.

UAE regulator not optimistic on Boeing 737 MAX return this year

15 Sep 2019

DUBAI The head of the United Arab Emirates' General Civil Aviation Authority said on Sunday he was not optimistic that the Boeing 737 MAX would return to operations this year and that the first quarter of 2020 was more likely.

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