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Austria seeks $1.2bn from Eurofighter over ‘order flaws’

  Bloomberg Austria is seeking as much as 1.1 billion euros ($1.16 billion) from Eurofighter Jagdflugzeug GmbH and its main shareholder, Airbus Group SE, after a probe concluded the companies deceived the government in a 2003 purchase of fighter jets. The Austrian Defense Ministry’s five-year investigation into the 1.96 billion-euro contract found that Eurofighter knew it wouldn’t be able supply ...

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SCTDA showcases Sharjah’s biz potential at India trade show

  Sharjah / Emirates Business The Sharjah Commerce and Tourism Development Authority (SCTDA) is leading a delegation of Sharjah-based tourism and hospitality organisations to the 23rd edition of the SATTE travel trade show, taking place in Pragati Maidan, New Delhi, India, from February 15-17. This marks the Authority’s first participation in the SATTE exhibition. SATTE is South Asia’s largest travel ...

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Gulf Craft to display largest fleet at Dubai International Boat Show

  Dubai / Emirates Business Gulf Craft is preparing to make a lasting impression at the upcoming Dubai International Boat Show, as the shipyard plans to commemorate 35 years of yacht and boat building excellence with the largest showcase it has ever presented at the region’s premier marine luxury, leisure, and lifestyle event. The industry trailblazer will be featuring an ...

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