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Kizad, Bauer sign 50-year lease agreementBauer 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. More… |
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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 More… |
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Etihad leases plane from India's JetIndia'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 More… |
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Al Salam buys Boeing jets for EmiratesBahrain-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 More… |
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MyOffice relocates to bigger facility in DubaiMyOffice 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 More… |
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Azadea inks lease deal with Jordan mallKuwait-based United Real Estate Company (URC) said its shopping mall in Jordan has signed an agreement with Azadea Group Holdings, a premiere fashion and lifestyle retail company, to lease 17 of its most renowned global brands. More… |
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Turkish Airlines eyes $500m lease dealTurkey's national carrier Turkish Airlines is in talks with banks about a leasing arrangement worth around $500 million to help fund its plane orders from 2014, bankers familiar with the negotiations said on Friday. The airlin More… |
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Quality is key in Abu DhabiPrime new developments have been able to sustain rental rates in the UAE capital while vacancy levels are increasing in older buildings, says a report. The demand for mid-to-low budget apartment More… |
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Emirates' $587m aircraft lease deal price talk issuedDoric Nimrod Air Finance Alpha, the aircraft leasing firm planning to issue bonds to help finance the sale of four Airbus A380 planes for Emirates airline, released initial price thoughts for the deal on Thursday. The $433.8 million Class More… |
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Emirates plans $587m aircraft lease dealDubai's Emirates airline will lease aircraft from a financing firm which will issue certificates worth $587.5 million across two tranches, a prospectus showed on Thursday. Doric Nimrod Air Finance Alpha will issue the Enhanced Equipmen More… |
