Bloomberg The first Airbus SE superjumbo to exit service will be stored minus its engines at a French airfield as its owner seeks a new operator for a plane that while still relatively young in industry terms has fallen out of favour with airlines. The A380 will be returned to leasing firm Dr. Peters after 10 years of service with ...

Dubai / Emirates Business The combined value of the 361 active oil and gas projects in the GCC has crossed $331.4 billion (AED1.21 trillion) in November 2017, according to latest Oil and Gas Construction Analytics report issued by BNC Network, the largest and most comprehensive project research and intelligence provider in the Middle East and North Africa (MENA) region. Hydrocarbon ...

DUBAI / WAM Jafza, one of the world’s largest free zones, and a subsidiary of global trade enabler DP World has seen 7 percent growth in the number of oil and gas companies during 2016. DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, said “Jafza’s prime location as a gateway to the Middle East, Africa and South Asia ...