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Dubai posts 37% growth in commercial transport sector

  Dubai / WAM The Commercial Transport activities sector in Dubai has reported a significant growth of 37 percent during the first quarter of 2022 extending from the same period of last year. These results reflect the cohesion and strength of the business movement in the commercial transport sector, which plays a vital and prominent role by contributing to facilitating ...

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flydubai, StanChart ink SLB deal for five Boeing aircraft

  Dubai / Gulf Time Dubai-based carrier flydubai and Standard Chartered, have successfully signed the sale and leaseback (SLB) agreement for five new Boeing 737 Max aircrafts. Four aircrafts were delivered between March and May with the remaining aircraft scheduled to arrive from Boeing, before the end of the first half of the year. The deal was structured, financed and ...

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Global Aerospace Summit 2022 begins

  Abu Dhabi / WAM The sixth edition of the Global Aerospace Summit 2022, hosted by Mubadala, commenced on Tuesday in Abu Dhabi, welcoming around 1,000 C-level leaders, experts and specialists from across the aviation, aerospace, space and defence sectors. This is the first in-person edition of the Summit since the 2018 edition. Mohammed bin Ahmed Al Bowardi, Minister of ...

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