Bloomberg Airbus SE landed one of its biggest-ever deals with the sale of 300 narrow-body planes to Indian budget carrier IndiGo that’s worth more than $33 billion at sticker prices. The contract for A320neo-series jets includes the latest XLR long-range variant and takes IndiGo’s orders for the re-engined aircraft to 730, the companies said in a statement on Tuesday. That’s ...

Abu Dhabi / WAM Abu Dhabi National Insurance Company (Adnic) reported AED194.4 million in net profit in Q3-2019, a 11.1 percent growth on the comparable period last year. The shareholders’ equity increased by 5.1 percent to AED 2.21 billion as of September 30, compared to AED2.10 billion as of December 31, 2018. For the nine-month period ended September 30, Adnic’s ...

Abu Dhabi / WAM Under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, and Chairman of The Abu Dhabi Agriculture & Food Safety Authority (Adafsa), the tenth edition of Sial Middle East, the exclusive regional food, beverage and hospitality trade event, will run from December 9-11 at the Abu Dhabi ...