Gulf Air Group Holding increases its stake in Bahrain Airport Services
Gulf Air Group Holding increased its ownership in Bahrain Airport Services, the ground handling services provider at Bahrain International Airport, to 44%.
Transportation
Dubai Ruler’s companies in JV with marinas operator
Dubai Ruler’s companies Meraas Holding and Dubai Holding have partnered with Turkey’s D-Marin to manage world-class marinas in Dubai.
FLOW Consortium wins the O&M Contract for four Riyadh Metro lines
French rail firm Alstom said its FLOW consortium had won a $2.9bn deal to run the third, fourth, fifth and sixth lines of the upcoming Riyadh Metro.
Bryan Thompson appointed CEO of Abu Dhabi Airports
Abu Dhabi Airports Company has appointed Dubai Airports executive Bryan Thompson as Chief Executive Officer.
Abu Dhabi’s Etihad announces streamlined structure
Etihad Aviation Group announced a streamlined structure and operating model to deliver on its mandate as it embarks on the next phase of its transformation.
Etihad Airways reports a $1.52 billion loss for 2017
Etihad Airways reported a narrower annual loss after it reined in costs, reduced capacity and focused on point-to-point traffic amid a strategic review.
Emirates Group records 30th consecutive year of profit
The Emirates Group, comprising Emirates airline, dnata and their subsidiaries, today announced its 30th consecutive year of profit and steady business expansion.
Adnoc Logistics to manage Ruwais Container Terminal
Adnoc Logistics and Services, the shipping and services arm of the Abu Dhabi National Oil Company, has signed a contract with Borouge, a provider of value creating plastics solutions, to handle its Ruwais container terminal operations.
Mubadala Investment Company exits Abu Dhabi Terminals
Mubadala Investment Company and Mubadala Infrastructure Partners have agreed to sell their combined equity interest of 50% in Abu Dhabi Terminals to the remaining shareholder, Abu Dhabi Ports, for an undisclosed amount.