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Turkish Airlines to buy 117 planes from AirbusTurkish Airlines, the flag carrier of the country, has signed the biggest deal of Turkish civil aviation history which includes the purchase of 117 aircraft from Airbus. According to the deal, 25 A321, four A320 NEO, 53 A321 NEO a More… |
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Egypt to spend $1.6bn on wheat purchasesEgypt's government has allocated 11 billion pounds ($1.6 billion) to buy 4.5 million tonnes of wheat from local farmers this year, state media said as the most populous Arab country struggles to ensure supplies. More… |
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Gulf Air staff achieve professional skillsFour staff members of Bahrain’s national carrier Gulf Air recently passed the qualifying examination from the Chartered Institute of Purchasing & Supply Management (CIPS) based in UK. In an official ceremony held at Gulf Air today, the More… |
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Iran buys 60,000T Australian wheatIran's state grains agency the Government Trading Corporation of Iran (GTC) has bought around 60,000 tonnes of Australian wheat, European traders said, continuing to add to stocks after a rush of purchases in recent months. More… |
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Japan cuts April Iran oil purchases 77pcJapan will slash its crude purchases from Iran by almost 80 per cent in April compared to the first two months of the year as buyers comply with Western sanctions, trade sources said. The cuts, amounting to 2 More… |
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Gulf One concludes aircraft transactionGulf One Investment Bank has concluded a transaction involving the purchase and lease of two aircraft to a reputed European regional carrier; for a period of 10 years. The highly sought after aircraft, combined with strong credit qu More… |
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Emirates NBD ties up with Hyundai for DSFEmirates NBD has joined hands with Juma Al Majid, the UAE distributor of Hyundai, to launch a special promotion for its customers during the Dubai Shopping Festival (DSF). Under this, the duo will offer customers a flat rate of 2.50 per ce More… |
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Affordable housing 'in spotlight'Affordable housing will be in the spotlight in the property sector next year, offering residences that the population can afford to purchase, and not at the price at which a developer can afford to sell, according to an expert. But this ma More… |
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US files to block AT&T purchase of T-MobileThe Obama administration on Wednesday filed to block AT&T's proposed acquisition of wireless rival T-Mobile USA because of anticompetitive concerns, two sources familiar with the matter said. A Justice Department spokeswoman declin More… |
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UAE trims $7bn US missile purchaseThe UAE has trimmed what had been billed as a possible $7 billion purchase of an advanced US missile defense system but there are no major obstacles to its completion, Lockheed Martin Corp's lead executive on the deal said. UAE offici More… |
