Abu Dhabi / WAM Thirty seven projects covered by industrial licences entered into production in the Emirate of Abu Dhabi last year, 85 percent higher than in the previous year, it has been announced. The total investment value of the new licences was estimated at AED6.4 billion distributed among 29 factories in Abu Dhabi, six in Al Ain and two ...

Dubai / Reuters Emirates signed a contract on Sunday to buy as many as 36 Airbus A380 aircraft worth as much as $16 billion at list prices, firming up an order that is crucial to the future of the world’s biggest passenger jet. The order, for 20 of the double-decker planes with an option for 16 more, was originally announced ...

Sharjah / Emirates Business Air Arabia (PJSC) on Sunday announced full-year financial results for 2017 as the Middle East and North Africa’s first and largest low-cost carrier once again delivered high levels of profitability and growth across the breadth of its operations. Air Arabia’s net profit for the full year ended on December 31, 2017 was AED662 million, a 30 ...