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flydubai enters new wet lease deal with Smartwings

  Dubai / WAM flydubai, the Dubai-based airline, announced on Friday its agreement with Smartwings, the Czech Republic-based airline, to wet lease four Next-Generation Boeing 737-800 aircraft between November 17 and January 16, 2023. The Aircraft, Crew, Maintenance and Insurance (ACMI) agreement with Smartwings will see four-leased aircraft support flydubai’s fleet of 68 Boeing 737 aircraft, enabling the carrier to ...

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Dubai week-long real estate deals reach AED7.3bn

  Dubai / WAM A total of 2,338 real estate transactions worth AED7.3 billion were conducted during the week ending October 14, according to figures released by the Dubai Land Department. A total of 106 plots were sold for AED1.76 billion, and 1,791 apartments and villas were purchased for AED3.81 billion. The top three transactions were two lands sold for ...

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Mubadala purchases minority stake in EQT’s GlobalConnect

  Abu Dhabi / WAM EQT has announced that the EQT Infrastructure III and IV funds (EQT Infrastructure) signed an agreement to sell a minority stake in GlobalConnect to Mubadala Investment Company (Mubadala). Headquartered in Stockholm, Sweden, GlobalConnect is a fiber-based data communication and data centre services provider to enterprises, public institutions, and consumers in Northern Europe. The company was ...

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