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Etihad inks deal to support $1bn China-UAE industrial park project

Etihad inks deal to support $1bn China-UAE industrial park project

A strategic partnership has been established by Etihad Aviation Group and the Jiangsu Provincial Overseas Cooperation and Investment Company Limited (JOCIC) during Chinese President Xi Jinping’s three-day state visit to the UAE.

The parties plan to cooperate on a wide range of areas to support the development of the China-UAE Industrial Capacity

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Saudi Arabia rejects claims it will oversupply global oil market

Saudi Arabia rejects claims it will oversupply global oil market

Saudi Arabia has rejected concerns that it’s planning to oversupply global oil markets and said it will actually trim crude exports next month.

Under pressure from US President Donald Trump to cool rallying prices, the kingdom bolstered production by the most in three years last month, pumping almost 10.5 million barrels a day. Yet it signaled on

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Saudi Arabia signs deal with Spanish firm for five warships

Saudi Arabia signs deal with Spanish firm for five warships

Saudi Arabia's state-owned defence company has forged a deal with Spanish shipbuilder Navantia for a joint venture to build five warships, state media said Thursday.

The agreement with Saudi Arabian Military Industries (SAMI) for the design and construction of five Avante 2200 corvettes warships will start this autumn, with the last unit to be

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Dubai's Novus inks $1.4bn deal for Boeing 777 aircraft

Dubai's Novus inks $1.4bn deal for Boeing 777 aircraft

Boeing and Dubai-based aircraft lessor, Novus Aviation Capital, have announced their first direct agreement for up to four 777-300ERs at the 2018 Farnborough International Airshow.

The commitment carries a list-price value of $1.44 billion, a statement said.

"We are delighted to complete a new milestone in our investment strategy and our

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Chinese President Xi Jinping arrives in the UAE

Chinese President Xi Jinping arrives in the UAE

President Xi Jinping of the People's Republic of China arrived in the UAE on Thursday for a three-day state visit, accompanied by First Lady Peng Liyuan.

Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme

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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

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