Aviation

Mashreq and UNB sign deal for Abu Dhabi airport expansion

abu dhabi airportUAE lender Mashreq and Union National Bank (UNB) have signed a US$106.7mn deal to finance bonding and working requirements for the Midfield Terminal Building (MTB) at the Abu Dhabi International Airport

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New Dubai airport to start functioning by end of October 2013

dubaiairport  Sergey VladimirovDubai is gearing up to launch a new international airport by the end of October this year

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Emirates to issue bonds in 2014 to aid expansion

emiratesDubai's flagship airline Emirates will issue bonds early next year to help raise US$4.5bn for 21 new plane deliveries

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Etihad and Cameroon Air may buy Air India jets

plane  Mike MileyEtihad Airways and Cameroon Airlines have expressed interest in buying five Boeing 777-200 long-range passenger jets from Air India

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RAK Airways launches flights to Riyadh

Saudi Airport optUAE airline RAK Airways has begun operating three flights a week to Riyadh, Saudi Arabia

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