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FINANCIAL NEWS
UAE-based RAK Airways suspends its flights
02 Jan 2014
(MENAFN) RAK Airways, the carrier based in the emirate of Ras Al Khaimah, has announced the suspending of all its flights with immediate effect after suffering financial constraints, according to Arabian Business.
The UAE airline has suffered decline in services as costs were increased, in addition to the regional instability.
RAK Airways said: “The decision for suspending operations was taken following increased pressures on the carrier”s performance due to continuous market conditions, increased operating costs and the impact of the regional political instability on the overall aviation industry.”
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A chance to win BD 100,000. the Jetour G700 and many other prizes BBK launches Marassi Galleria activation with daily cash prizes up to BD 1,000
13 Apr 2026
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08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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