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FINANCIAL NEWS
UAE investments to start Djibouti Air
31 Jan 2011
(MENAFN) The Djibouti government received a private investment for setting up and launching a new national carrier, Djibouti Air, according to Ebrahim Saeed Lootah, a majority-share holder in the carrier, reported Gulf News.
Lootah, who is also the chairman of real estate and construction Lootah Group, said that the new carrier plans on beginning with only one aircraft that would be conducting flights from Djibouti to Dubai later next month.
Lootah said that the plans expansion in the future as soon as necessary network size elevates. These plans include increasing the number of weekly flights to Dubai to six as well ass adding new destinations such as Ethiopia, Somalia, Yemen, Kenya, Europe and East Asia.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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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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