Abu Dhabi based investment company Waha Capital is taking a 20 per cent stake in Dutch-based aircraft leasing firm AerCap Holdings, in a deal worth around US$380mn.
Abu Dhabi?s aerospace ambitions get a boost
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Dubai Airport Freezone to expand by up to 90 per cent
Dubai Airport Freezone will see its leasable space expanded by up to 90 per cent starting in 2012 that could bring in as many as 1,000 new companies.
Airline profits set to grow
Middle East airlines profits are set to quadruple this year to US$400 million, according to a report from the International Air Transport Association (IATA).
Middle East to be shipping hub
The Middle East should prepare to capitalise on the world shipping industry?s increasing focus on the East, an industry expert has said.
Etihad expands codesharing agreement
Etihad Airways, the national airline of the UAE, has announced it will expand its codeshare agreement with Royal Air Maroc, the national airline of Morocco, providing customers with access to more destinations in Morocco and West Africa.
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