Abu Dhabi International Airport welcomed 2.3 million passengers in August – a 2.3 per cent rise on figures from the same month last year. The bulk of travellers came from India, the UK, Egypt and Saudi Arabia. Total aircraft movements at the air hub fell by 2.4 per cent, while cargo volume fell by 3 per cent. The airport is undergoing extensive development costing billions of dirhams to enable it to accommodate more than 45 million passengers.
India to withdraw temporary domestic airfare caps from Monday
India will revoke the temporary fare caps it had imposed on domestic air tickets from Monday, the country's civil aviation ministry said on Saturday.
US allows 30-day sale of Iran oil at sea in bid to tame prices
The Trump administration has waived sanctions on the purchase of Iranian oil at sea for 30 days on Friday in its latest attempt to ease oil prices that have been driven up by the US-Israeli war on Iran.
Musk found liable to Twitter shareholders in fraud lawsuit
A federal jury found Elon Musk liable on claims he defrauded Twitter shareholders by trying to drive down the social media company's stock price so he could renegotiate or back out of a $44 billion takeover in 2022, Bloomberg News reported on Friday.
Amazon plans smartphone comeback more than a decade after Fire Phone flop
In 2014, Amazon introduced its first smartphone, hoping to take on Apple and Samsung. Instead, the Fire Phone - overseen directly by founder Jeff Bezos - was scrapped in barely over a year, one of Amazon’s highest-profile flops.
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