Dubai: Emirates said it has selected Khansaheb Civil Engineering to build the Emirates Engine Overhaul Shop; a 225,000-square feet engine maintenance facility for maintaining the GE90 and GP7200 engines that power Emirates aircraft.
The facility will service the engines of the Emirates current fleet of nearly 150 Boeing 777s and Airbus 380s, as
Dubai: The Department of Economic Development (DED) in Dubai has announced the launch of the Dubai Competitiveness Office as directed by Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council. Khalid Al Kazim, Deputy Director General for Executive Affairs at DED, has also been named
Dubai: The Abraaj Group, a global private equity firm based in Dubai, on Wednesday said it exited an investment in the Bangkok-based restaurant chain Hot Pot through an initial public offering on the Thai stock exchange.
The exit follows a number of other recent sales in Abraaj’s South East Asia Fund, which it inherited through the acquisition e
Dubai: Zain Saudi extended the maturity of a 9 billion riyals ($2.40 billion) Islamic loan for another six weeks on Wednesday, the sixth time the loss-making telecom operator has deferred payment.
The company, an affiliate of Kuwait’s Zain, has agreed with lending banks to put back the maturity of the murabaha facility — a sharia-compliant cos
Dubai: Dubai Electricity and Water Authority, the emirate’s state-owned utility, is targeting a $1 billion Islamic bond, or sukuk, in the first quarter of next year, as part of a Dh4.5 billion ($1.23 billion) issuance plan for refinancing existing debt and new investments, the company’s chief executive said on Wednesday.
“The sukuk will be in the f
Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...
Our Location
Office No: 302 Wasel Business Centre
Near port Saeeed Etisalat Office Deira, Dubai.
