Monday 2 March 2015
 
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UAE fleet manager postpones flotation on poor demand

Abu Dhabi-based fleet manager Massar Solutions has postponed its initial share sale after the planned flotation failed to secure enough investor backing during the subscription period, a report by UAE's daily The National said on Sunday.

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UAE fleet manager postpones flotation on poor demand

Abu Dhabi-based fleet manager Massar Solutions has postponed its initial share sale after the planned flotation failed to secure enough investor backing during the subscription period, a report by UAE's daily The National said on Sunday.

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Empire Aviation boosts business jet fleet

Dubai-based Empire Aviation Group (EAG) said it has added a seventh business jet to the company’s managed fleet in Nigeria, Africa. The company said Dubai was proving to be the perfect platform to build its growing global fl

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Etihad unveils new livery on first A380 aircraft

UAE’s national airline Etihad Airways has unveiled a stunning new livery design, which will be introduced across its fleet. Created by leading brand consultants Landor Associates in partnership with Etihad, the new livery is

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Asry enters into negotiations with European fleets

Asry, a leading Bahrain-based rig and ship repair yard, has entered into new negotiations with several European fleets. The company said it has seen several new business prospects come online as a result of exhibiting at SMM Hambu

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Tasneef to classify Drydocks marine fleet

Emirates Classification Society (Tasneef) has entered into a deal with Drydocks World, a Dubai-based maritime service provider, to provide classification and maritime surveying services to its fleet comprising 11 ships including a marine excavat

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Topaz Energy unit posts 22pc revenue growth

Nico Middle East, a subsidiary of Dubai-based Topaz Energy and Marine said it has registered $376.5 million revenue for 2013, up 22 per cent over the previous year as a result of the expansion of the core vessel fleet and high vessel utilization

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DHL Express boosts Mideast fleet

DHL Express has taken delivery of three new MAN long-haul units from AMA Motors for its Middle East operation as part of its fleet expansion plans. These units will be joining the existing fleet of MAN vehicles currently in use by

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Iran's fleet back in business as exports pick up

Iran's oil tanker fleet is gearing up for more business, with some vessels taking to the high seas after over more than a year at home ports, another sign that an easing in Western sanctions is enabling exports to begin to pick up.

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New-look buses for Bahrain schools

A new fleet of world-standard school buses hit Bahrain's roads yesterday (February 24), as part of a massive upgrade. They will ferry 34,000 students a day, said a report in the Gulf Daily News (GDN), our sister publication.

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