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Heavy rains and flooding persisted at Dubai International Airport (DXB), causing disruptions late into Tuesday evening. Operations halted for 25 mins in the afternoon, with 45 flights cancelled by 5-15 pm, a DXB spokesperson told Gulf News. MORE..

17 Apr 2024 (1:11 AM)

Sri Lanka may reach a deal with investors to restructure its $12 billion in defaulted global bonds by mid-May, according to strategists at Standard Chartered. MORE..

17 Apr 2024 (10:28 PM)

The Government of Sri Lanka says it hopes to continue discussions with the bondholders with a view to reaching common ground ahead of the International Monetary Fund (IMF) board consideration of the second review of Sri Lanka s Extended Fund Facility (EFF) program. MORE..

17 Apr 2024 (7:30 PM)