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Mubadala expands Strata to next phase of growth

ABU DHABI / WAM Mubadala Development Company, the Abu Dhabi-based investment and development company, on Monday announced that wholly owned asset Strata Manufacturing PJSC (Strata), the advanced composite aero-structures manufacturing facility, has made a range of new leadership appointments in order support Strata’s next phase of growth, including its expanding portfolio of products and capabilities for global original equipment manufacturers ...

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Flydubai to operate 26 more Kuwait-Dubai flights

KUWAIT / WAM Dubai-based flydubai will operate up to 17 flights a day between Kuwait and Dubai between February 23 and 29 . The 26 extra flights added to the schedule will accommodate the increase in passenger numbers between the two cities during Kuwait’s 55th National and Liberation Day Holiday. The carrier, which has been operating from the convenient Sheikh ...

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Oman Crude Oil Financial Contract closes at US$30.81

DUBAI / WAM The price of Oman Crude Oil Financial Contract, DME Oman, for April delivery, closed at US$30.81 a barrel at Dubai Mercantile Exchange at 12:30 p.m., Dubai time. DME Oman crude oil is a benchmark for pricing crude oil by the countries that produce it, and it gives them a differential price that reflects the quality of the ...

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