Sir Stelios Haji-Ioannou, the serial entrepreneur and founder of easyGroup, will personally fund awards to promote island-wide, bi-communal business cooperation between Greek Cypriots and Turkish Cypriot entrepreneurs, guests were told at an
The Norwegian Star, bought from Star Cruises a year ago for EUR 103 mln, will end its charter to the Norwegian Cruise Lines in October and will be refitted in time to
Salamis Tours (Holdings) Public Ltd has bought the cruise ship “Van Gogh” for the sum of $7.5 mln, financed from existing cash reserves without resorting to new borrowing. The purchase is the
The Middle East is expected to require AED 44 bln (USD 11.96 bln) in new power projects per year until 2020, according to recently published reports, in order to address the average
The most popular traditional destinations for Saudi nationals include London and the USA, while there has also been a surge in interest in nearby destinations such as Egypt, Lebanon, Turkey, Oman, Syria
International Air Charter (IAC), one of the world's largest independent private jet charter brokers, is consolidating its charter jet network in the Middle East as it predicts the regional market to expand
New U.S. housing starts and permits jumped in June, propelled by a rise in ground-breaking for single-family homes and suggesting the battered housing sector was beginning to stabilize, a government report showed
General Electric Co (GE.N) said profit fell by almost half, on a deeper drop in revenue than Wall Street expected, as the slump that has gripped its finance and media businesses took
US Stocks opened little changed on Friday as upbeat housing data for June counteracted worry over the quality of corporate profits from General Electric Co (GE.N) and Google Inc (GOOG.O). The Dow
European shares rose by midsession on Friday, extending a winning streak to five days, with automakers rising and banks gaining as Bank of America continued the trend of strong second-quarter earnings. At
