UAE 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
Logistics
ADPC and EMAL ten-year logistics deal
Abu Dhabi Ports Company has signed a ten-year logistics deal with Emirates Aluminium (EMAL) to handle its aluminium exports
National Air Cargo to collaborate with Etihad Rail in UAE
National Air Cargo has signed a Memorandum of Understanding (MoU) with Etihad Rail which will see the airline incorporate rail transport into its offering to meet the needs of its clients in the UAE and other Gulf markets
New Dubai airport to start functioning by end of October 2013
Dubai is gearing up to launch a new international airport by the end of October this year
Emirates to issue bonds in 2014 to aid expansion
Dubais flagship airline Emirates will issue bonds early next year to help raise US$4.5bn for 21 new plane deliveries