DUBAI / WAM Dubai Aerospace Enterprise (DAE) announced that its board of directors and shareholders had authorised an additional $300 million for bond repurchases to be conducted through open market transactions. To date, DAE has repurchased approximately $1.13 billion of principal amount of its publicly traded bonds under the previous authorisations of $1.2 billion. DAE now has $370 million of ...

DUBAI / GULF TIME Air Dispatch, part of dnata and the world’s leading supplier of centralised load control (CLC) services, has celebrated the production of its seven millionth loadsheet.  The milestone document was issued from the Prague facility, ensuring safe and efficient operations of a Titan Airways’ Airbus A330-300 P2F cargo flight which the airline operates on behalf of global ...

ABU DHABI / WAM A record of 60,310 Muslims in Abu Dhabi gathered at the Sheikh Zayed Grand Mosque on the 27th night of Ramadan to observe Laylat Al Qadr, a significant night in the Islamic faith. This is the largest number of worshippers hosted by the grand mosque since its opening. Laylat Al Qadr, or the Night of Destiny ...