Dubai: Low-cost air carrier Air Arabia is expanding its August and September schedule of flights to three Egyptian destinations in response to increased demand. The airline has added flights to Alexandria, Assiut and Luxor. Six extra daily flights to Alexandria run between August 17 and September 1. Additional services are being flown to Luxor on August 19, 24 and 30 and to Assiut on August 21 and 28. "We are confident that these flights will benefit the frequent business traveller as well as provide more options for those travelling on holiday or to visit friends and family," said Air Arabia CEO Adel Ali

Wessal to buy 25% stake in Sulja Bros

Dubai: Wessal international group has announced that it intends to purchase 25 per cent of Sulja Brothers in the open market. Sulja Bros Building Supplies Inc is a publicly listed company on the stock exchange in the US and specialises in the sale of building supplies. Wessal International Group's President Ahmad Khalil Al Muslamani stated that the purchase will enable Wessal International Group to lead the way in the construction and real state industry in the Gulf.

Muscat land deal completed

Kuwait City: Kuwait Global Investment House yesterday announced the conclusion of its third land acquisition in the South Hail district near Muscat as part of its GCC Real Estate Fund management strategy. The fund recently acquired an 18,700 square metre plot in Qurum area of Muscat. Investors' equity was $3.2 million out of the $16.8 million total.