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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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ADFD-funded projects help Jordan achieve socioeconomic objectives

Abu Dhabi / WAM Strategic relations between Abu Dhabi Development Fund for Development (ADFD) and the government of Jordan date to 1974, when ADFD financed the first project in the country. Thereafter, the fund financed hundreds of development projects in vital sectors, whose total value stands at about AED6.5 billion. These projects collectively raised the standard of living in Jordan ...

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