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Jet-leasing unit of GE to draw sale interest from GIC

Bloomberg Singapore’s sovereign wealth fund has expressed interest in buying General Electric Co.’s plane-leasing unit, said people with knowledge of the matter. At a meeting between GIC Pte. and GE officials in August, fund executives asked whether the Boston-based company would consider selling all or a part of GE Capital Aviation Services, said the people, who asked not to be ...

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Adnec explores bringing US global events to Abu Dhabi

Abu Dhabi / WAM A delegation from the Abu Dhabi National Exhibitions Company (Adnec), is on a visit to the US to discuss partnership possibilities with leading international event organisers, in line with its strategy of promoting Abu Dhabi as the hub for business tourism in the Middle East and North Africa region. The delegation, led by Humaid Matar Al ...

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UAE-Norway trade reaches AED2.3 billion

ABU DHABI / WAM Relations between the UAE and Norway have witnessed significant growth over the past decades, and the value of trade between the two countries reached some AED2.3 billion ($640 million) in 2017, compared to AED1.2 billion in 2016. The Trade Policy Revision with Norway Report, issued by the Ministry of Economy, indicated that imports from Norway amounted ...

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