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Abu Dhabi Air Expo closes with more than Dh2 billion deals

Abu Dhabi: Abu Dhabi Air Show 2013 ended on Thursday with contracts worth Dh2 billion and 50 per cent of the exhibitors booked for next year, Yousuf Al Hammadi, general manager of Al Bateen Executive Airport and chairman of organising committee of Abu Dhabi Air Show, told Gulf News.

He added that the number of visitors this year hiked to 20,000

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Saudi oil production projected to decline

Dubai: Top oil exporter Saudi Arabia’s average crude production may fall by 400,000 barrels a day in 2013 as the country curbs supply to meet the Organization of the Petroleum Exporting Countries’ (Opec) output target, according to the kingdom’s largest unlisted lender, National Commercial Bank.

Saudi Arabia is expected to produce around 9.5

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BankMuscat picks banks for bond issue

Dubai: BankMuscat, Oman’s largest lender, has picked six banks to arrange meetings with fixed income investors ahead of a potential benchmark-sized bond issue, a lead manager said on Thursday.

The lender has chosen Citigroup, Credit Agricole, Deutsche Bank, HSBC, National Bank of Abu Dhabi and Standard Chartered for the roadshows, which will take

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Etisalat sees 2013 revenue of up to $9.4b

Dubai: Etisalat expects 2013 revenue of up to $9.4 billion (Dh34.57 billion), according to a presentation the company gave to analysts, with the former monopoly also looking to consolidate its smaller assets.

This consolidation in what it terms “fragmented markets” could be through mergers, acquisitions or asset sales, the document states.

The

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Long-term review: Toyota 86 - Week 3

The Toyota 86 won pretty much every award going in the car industry last year, even holding the honour of being the wheels Car of the Year, Best Coupé and scooping the Reader’s Choice Award. So it was with some trepidation that I traded in the trusty Passat for the Toyota this week. Would it live up to the hype? Is it really as good as ev

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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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Office No: 302 Wasel Business Centre
Near port Saeeed Etisalat Office Deira, Dubai.

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