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GULF AIR RECEIVES FUNDING

Bahrain-based Gulf Air is to receive 490 million dollars in funding after a royal decree.

The airline will use the money to pay suppliers, to pay debts and for restructuring, CEO Samer Majali has told Arabian Business.

Gulf Air is set to review its existing fleet and network, before deciding with government shareholders what form the restructuring could take.

Abu Dhabi Investment Forum will begin tomorrow in Paris, and it's looking to bring together business and government leaders from the UAE and France.

Motorists in Dubai will soon think twice about changing lanes without indicating.

Regional governments need to do more to support women in business. That's the message from the Organisation for Economic Cooperation and Development.

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