Saudi Arabian Airlines has placed an order for eight Boeing 777-300ERs valued at US$2.4 billion.
Logistics
Etihad Rail financing plan cleared
Etihad Rail?s plan to borrow US$1.3 billion to finance part of the construction of a nationwide railway network was approved by the UAE cabinet.
Iraq looking for bidders on US$450mn rail project
Iraq is seeking bidders to compete for a US$450mn monorail project in the southern holy city of Kerbala.
Emirates expands operations in Iraq

Emirates has announced a 75 per cent additional flights between Dubai and Baghdad from the beginning of February.
Emirates has announced a 75 per cent additional capacity increase between Dubai and Baghdad from the beginning of February, boosting its services to seven flights per week in a move to support Iraqi business segments.
Saudi signs railway contracts worth US$2.3 billion
Saudi?s Finance Minister Ibrahim Al-Assaf signed three contacts worth US$630mn with Saudi Arabian Railway (SAR) to implement various projects for the North-South Railway.