Jet Airways may sell minority stake to raise funds: Sources

Jet Airways is working on a big fund-raising plan. Sources tell CNBC-TV18 that several interested suitors are in talks with Naresh Goyal’s aviation firm for investments. The aviation company is in talks with investors to raise funds via minority stake sale, sources say. People privy to the development have told the channel that Abu Dhabi […]

Aviation key to enhancing UAE-Mexico relations

UAE Minister of Economy Sultan bin Saeed Al Mansouri recently received Francisca Elizabeth Mendez Escobar, Mexico’s new Ambassador to the UAE, with whom he discussed ways to enhance cooperation in a number of priority areas for both countries. The meeting held at the ministry’s Dubai headquarters touched on the results of the recent visit of […]