Serbian Prime Minister-Elect Aleksandar Vucic vowed to cut spending and avoid debt restructuring before a vote on his government as he begins work on an international aid accord and European Union membership.
Air Arabia, the only listed airline in the United Arab Emirates, will begin flights on May 6 from a new hub in the sheikdom of Ras Al Khaimah after local carrier RAK Airways suspended operations earlier this year.
The government of Saudi Arabia is trying to reassure its citizens that the most recent outbreak of a respiratory virus isn’t a cause for alarm following 16 new cases, including two deaths, reported in the last nine days.
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.