Monday 21 April 2014
 
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lease

Dubai rents 50pc lower than London, New York

The prime rents in Dubai rose 13.6 per cent last year, while the lease rates are still below 50 per cent of those found in London and New York, said a report.   "Prime rents in Dubai ended the year almost 14

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Etihad Regional to lease 4 ATR aircraft

Etihad Regional, the new European brand operated by Swiss-based regional carrier Darwin Airline, has reached an agreement to lease four ATR 72-500 aircraft, which will see the carrier boost its regional fleet to 12 and support its rapidly expand

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Abyaar leases apartment building in Dubai

Abyaar Real Estate Development Company, a leading developer in the Middle East, has announced leasing an entire residential building located within Dubai Investments Park (DIP). The Abyaar Apartment Building is owned by one of Abyaar&rsqu

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Hertz Saudi opens new workshop in Jeddah

US-based car rental company Hertz in Saudi Arabia has opened a new workshop to service the growing number of corporate lease vehicles rented within the kingdom. The new 4,000-sq m workshop, located in the Northern Quarter of Jedda

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AeroLease inks strategic deal

Bahrain-based AeroLease Aircraft and Equipment Leasing Company and International Aeronavigation Systems have announced the signing of an agreement. Under the deal, AeroLease will act as an agent to market, sell and lease the produ

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Kizad, Bauer sign 50-year lease agreement

Bauer International, part of the German multinational Bauer Group, and Khalifa Industrial Zone Abu Dhabi (Kizad), the industrial and logistics zone situated next to Abu Dhabi’s Khalifa Port, have signed a 50-year lease agreement.

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Qataris ‘pay $605m for luxury London hotel’

Qatari-backed investor Constellation Hotels has bought the InterContinental London Park Lane hotel in a deal worth about 400 million pounds ($605 million), a source close to the transaction told Reuters. Constellation paid 301.5 m

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Etihad leases plane from India's Jet

  India's Jet Airways has leased a wide body aircraft along with 60 of its cabin crew to Abu Dhabi-based Etihad Airways, according to a report.   The wet lease comes even as the two airlines con

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Al Salam buys Boeing jets for Emirates

Bahrain-based Al Salam Bank said it has acquired equity stake in two brand new Boeing 777-300 ER for offering on a12-year-long renewable term lease to Dubai national carrier Emirates. This is Al Salam's third investment in avi

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MyOffice relocates to bigger facility in Dubai

MyOffice Business Center, a provider of office and business set-up solutions, is relocating to bigger premises in Dubai to better meet the market demand. MyOffice Business Center is located in the heart of the city, Emaar Boulevar

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