Istanbul’s Ataturk airport lured more travelers than Frankfurt and Amsterdam in the first quarter, setting the Turkish Airlines base on course to establish itself as Europe’s third-busiest air hub this year.
The flash of purple abayas at a conference in Saudi Arabia’s second-largest city, Jeddah, was more than a fashion statement. It’s a sign of the changes Jeddah is embracing as King Abdullah slowly loosens restrictions on women in his conservative land.
Dubai’s benchmark stock index fell the most in a month, tracking a decline in global markets last week, on investor concern this year’s rally was overdone given prospects for earnings growth. Saudi Arabia’s gauge dropped.