09-Jun-2010 4:42 PM
Middle East shares a mixed bag; 1time signs tourism agreement
Analysis
Shares in the Middle East were mixed yesterday, with Jazeera (-1.6%) and Air Arabia (-1.2%) dropping while Kuwait Airways (1%) and Royal Jordanian Airlines (1.2%) rose.
Mango, Kulula, and 1Time (-1.9%) signed an agreement with Cape Town Tourism and Cape Town Routes Unlimited to promote Cape Town as a tourist destination during the 2010 FIFA World Cup.
Lonrho's shares increased 4.6% while Comair remained steady.
See CAPA Hot Issue on African Aviation.
Selected African and Middle Eastern airlines share price movements (% change): 08-Jun-2010