Etihad’s revamp push sees the carrier sell 38 aircraft for $1 bn
The carrier will sell 22 Airbus A330s and 16 Boeing 777-300ERs to investment firm KKR and leasing firm Altavair AirFinance...
Tag : Middle East
DP World handles 71.25 mn teu containers globally in 2019
The port operator handles volumes of 31.76 mn teu for APAC, 30.04 mn teu for Europe, MEA, and 9.45 mn teu for Americas and Australia...
Deposits in Saudi Arabian banks increase by 7.3% in 2019
Savings and term deposits increase by 13.2% year-on-year in 2019 to SR 501.67 bn...
Masdar to launch UAE’s first ‘sustainable’ REIT
The sustainable real estate investment trust is expected to have an initial valuation between Dh950 mn and Dh1 bn...
GCC Healthcare market expected to hit $70 billion this year
Currently, GCC is spending just around 50 percent of what mature markets invest on healthcare...
Saudi Telecom to buy 55% stake in Vodafone’s Egypt unit
The Saudi Telecom deal for Vodafone Egypt is expected to cost around $2.4 bn...
DP World to invest $1 bn in Bangladesh container supply chain
The investment could help Bangladesh accumulate cumulative economic benefits worth $35 bn...
Adnoc’s $15 bn pipeline sale attracts BlackRock, KKR
Adnoc plans to sell a 49% stake in its natural gas pipeline unit for $15 bn...
Saudi Aramco buys shares in blockchain oil trading company Vakt
Aramco buys $5 mn in new shares which will be used to upgrade Vakt’s platform and also plan for expansion in SE Asia...
Axa explores sale of its Middle East operations
The insurance firm is working with HSBC on its strategic sell off plan...