Lufthansa cancels 20,000 short‑haul flights through October amid soaring jet fuel costs Lufthansa cancels flights as the carrier’s group announced the removal of 20,000 short‑haul services through October to curb …
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surge
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Business
Oil prices retreat after surge as US extends Iran ceasefire
by James Bryantby James BryantOil prices slip as markets weigh US-Iran truce extension and Strait of Hormuz disruption Oil prices eased after early gains as markets weighed a US truce extension with Iran, disrupted …
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Business
Fujairah hotels post 95–100% occupancy amid surge in mountain tourism
by James Bryantby James BryantFujairah hotel occupancy hits record 95–100% in January 2026 Fujairah hotel occupancy hit 95–100% in January 2026 as mountain tourism surged, prompting fresh investment in hospitality infrastructure and expanded visitor …
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Business
Umm Al Quwain National Bank posts AED 152m Q1 profit, deposits surge
by James Bryantby James BryantUmm Al Quwain National Bank Q1 2026 results: AED 152m net profit highlights resilient performance Umm Al Quwain National Bank Q1 2026 results show AED 152m net profit, stronger deposits …
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