DUBAI (Reuters) – Dubai wants a guarantee that Airbus (Paris:AIR.PA – News) will keep production of the A380 superjumbo open for at least 10 years before state-owned Emirates places a new order for the world’s largest jetliner, the airline’s president said …
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Dubai raises stakes in talks for A380 lifeline order
DUBAI (Reuters) – Dubai wants a guarantee that Airbus (AIR.PA) will keep production of the A380 superjumbo open for at least 10 years before state-owned Emirates places a new order for the world’s largest jetliner, the airline’s president said on …
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Dubai Airshow 2017: Jetex announces expansion of fixed base operations
Jetex Flight Support will build an aircraft hangar at the Jetex fixed based operations terminal near Al Maktoum International Airport in Dubai South Aviation District. The news underlines the strength and position of Jetex as it continues to expand both …
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Holding hands, drinking wine and other ways to go to jail in Dubai
DUBAI, UNITED ARAB EMIRATES: A Scottish electrician named Jamie Harron, visiting Dubai as a tourist, was sentenced to three months in jail for touching a man in a bar. The British head of a professional soccer team, David Haigh, was ordered jailed for …
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Boeing kicks off 2017 Dubai Airshow with $15 billion deal
The value of the whole deal at current list prices is around 1.9 billion dollars, the news agency said, citing a Boeing executive. American plane manufacturer Boeing Dubai’s Emirates airline unveiled a provisional $15.1 billion order for 40 of Boeing’s 787 …
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Dubai Air Show lifts off with Emirates’ $15.1-billion Boeing 787-10 deal
DUBAI, UNITED ARAB EMIRATES—Long-haul carrier Emirates purchased … The deal appeared to surprise Boeing’s archrival Airbus, whose staff had attended a long-delayed news conference and left the room just moments before the announcement.
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Dubai Airshow 2017: Emirates places $15bn Dreamliner order with Boeing
Boeing and Emirates have announced a commitment to purchase 40 787-10 Dreamliners at the 2017 Dubai Airshow. The deal, including airplanes and related equipment, is valued at $15.1 billion at current list prices. Emirates is the world’s largest Boeing …
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Abu Dhabi’s Aldar Proprties’ Q3 net profit drop by almost a fifth
DUBAI, Nov 13 (Reuters) – Aldar Properties, the state-linked builder of Abu Dhabi’s Formula One circuit, reported a nearly 20 percent decline in third-quarter profit. The results come against a backdrop of a slowing economy and property market in the oil …
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Abu Dhabi’s Aldar reports 18.45% dip in Q3 profit
Abu Dhabi developer Aldar Properties has reported an 18.45 per cent decline in third quarter profit year-on-year. The company’s net profit declined from Dhs737m ($200m) in Q3 of last year to Dhs601m ($163.6m) in Q3 of 2017. Revenue was also down 27 per …
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Abu Dhabi’s Aldar posts Q3 net profit of $163m
Aldar Properties on Monday reported a third quarter net profit of AED601 million ($163.6 million) on revenue of nearly AED1.4 billion ($380 million). The Abu Dhabi-based developer said year-on-year revenue growth was 27 percent but did not provide a …
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Aldar Properties Delivers Strong Underlying Performance In Q3 2017
Aldar Properties PJSC (“the Company”), Abu Dhabi’s leading listed property development, investment and management company, today announced its financial results for the third quarter of 2017, which show a strong underlying performance across the business.
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Aldar Properties Announces Board And Management Changes
Aldar Properties PJSC (“the Company”), Abu Dhabi’s leading listed property development, investment and management company, is delighted to announce two important appointments. At yesterday’s Board meeting, the Directors of the Company appointed His …
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UAE agrees $1.6 billion deal with Lockheed Martin to upgrade F-16 fighters
Major General Abdullah Al Sayed Al Hashemi, Chief of the Military Committee and spokesman for the UAE Armed Forces was speaking at a news conference at the Dubai Airshow. The ministry also announced other deals, including 66 million dirhams to U.S.-based …
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Abu Dhabi: Now A Must-See Travel Destination, With The Sheikh Zayed Mosque — And The Louvre
Abu Dhabi, the small, seaside capital of the United Arab Emirate with one of the world’s greatest oil reserves, is finally emerging from the shadows of its close neighbor Dubai. Tourism there is increasing in large part because of the opening of the …
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Emirates annouces $15.1B Boeing purchase at Dubai Air Show
DUBAI, United Arab Emirates — The biennial Dubai Air Show opened Sunday with hometown long-haul carrier Emirates making a $15.1 billion buy of Boeing 787-10 Dreamliners, as the world’s biggest defence companies promoted their weapons amid heightened …
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Dubai property giant Emaar profits surge on high sales
Dubai construction giant Emaar Properties posted a sharp rise in third quarter profits Sunday as residential sales in the glitzy emirate gathered steam. Dubai has started recovering from a three year downturn after a 2014 oil price crash slammed the Gulf …
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Dubai Airshow: Boeing wins $15bn order from Emirates
Boeing kicked off the first day of the Dubai Airshow by announcing the first big sales news of the five-day event. Emirates has ordered 40 Boeing 787 Dreamliners in a deal worth about $15bn (£11.3bn) at list prices. The Dubai airline’s chairman …
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