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Salalah airport announces emergency 24hr shut downFollowing the announcement of an approaching tropical cyclone, Oman's Salalah Airport has announced that the facility will be closed to air traffic from midnight tonight (12:00 am on May 25) for at least 24 hours, a report said. More… |
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Alba closes $247m export credit financing dealAluminium Bahrain (Alba), the Bahrain-based aluminium smelter, has successfully closed the first part of the second tranche of €204.5 million ($247.01 million) Export Credit Agency (ECA) covered financing facilities. It will More… |
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Alba closes $247m export credit financing dealAluminium Bahrain (Alba), the Bahrain-based aluminium smelter, has successfully closed the first part of the second tranche of €204.5 million ($247.01 million) Export Credit Agency (ECA) covered financing facilities. It will More… |
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Abu Dhabi Air Expo draws to a closeThe Abu Dhabi Air Expo 2018 came to a close yesterday (February 28), concluding the three-day event held at Al Bateen Executive Airport which showcased the industry's latest progress and innovations to key players in business and aviation. More… |
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Fujairah beaches cleared of oil slickAn oil spill along the coast of Fujairah has been cleared up by the Dibba Municipality and teams from various hotels across the coast. Beaches were cordoned off earlier this week as they were unsafe for guest access. The oil sp More… |
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Fujairah beaches cleared of oil slickAn oil spill along the coast of Fujairah has been cleared up by the Dibba Municipality and teams from various hotels across the coast. Beaches were cordoned off earlier this week as they were unsafe for guest access. The oil sp More… |
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Etihad, Natixis close first aircraft leasing transactionsEtihad Airways and Natixis have completed a sale and leaseback for two 2016 vintage Airbus A380 aircraft. Both aircraft are owned by special purpose companies based in Abu Dhabi Global Market (ADGM), the world’s newest inter More… |
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Al Arabiya TV closes Beirut office amid Saudi tensionsThe Saudi-owned television news channel Al Arabiya has shut its offices in Lebanon and dismissed 27 employees, two of its journalists said on Friday, in a sudden move that comes amid political tensions between Riyadh and Beirut. & More… |
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Al Hilal Bank closes $175m two-year Islamic loanAbu Dhabi's government-owned Al Hilal Bank has closed a $175 million Islamic loan transaction with three banks, sources aware of the matter told Reuters on Thursday. The loan has a life span of two years, t More… |
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Bank ABC in $250m million loan facility dealBahrain-based Bank ABC said it has closed a $250 million syndicated term loan facility for Bank Sohar. The three-year facility was signed on July 14 and will be used by Bank Sohar for general funding purposes, said a report in the More… |
