One of English bank Barclays’ biggest Middle Eastern investors said today that it would maintain a “close” relationship with the banking giant despite announcing plans to offload part of its stake.

TROUBLED airline maintenance firm SR Technics last night rejected a Labour Court recommendation that it increase pension and redundancy contributions by more than €40 million.

A new business link between aircraft engines maker Rolls-Royce and an investment fund based in the United Arab Emirates was approved by the European Commission today.

Middle Eastern airline Gulf Air has announced the launch of Dublin’s first scheduled services to the Middle East.