Chemical warfare and car bombings are just a few of the hazards working in war-torn countries such as Iraq and Syria. For Supreme Group BV, it’s the cost of doing business. Dubai-based Supreme delivers fuel and food — 100,000 meals a day — to troops stationed in some of the most inhospitable parts of the world, including Liberia, Mali and Sudan. The perilous business, where contractors dodge […]
Arabtec Holding and Samsung Engineering announced the launch of Arabtec-Samsung Engineering in the Middle East and North Africa’s oil and gas, power and related infrastructure sectors. Arabtec-Samsung Engineering is incorporated and headquartered in Abu Dhabi and is owned 40% by Arabtec, 40% by Samsung Engineering and the remaining 20% is owned by Tasameem Property Investment. The shareholder agreement was formalised on September 24th at a special signing […]
Tamweel Aviation Finance (TAF), a new and integrated financing platform offering turnkey alternative financing solutions to airlines and aircraft leasing companies, has been established by Novus Aviation Capital in partnership with Development Bank of Japan Inc. (DBJ) and Airbus. The new enterprise has been set up to facilitate the funding of aircraft acquisitions, providing secured junior and mezzanine loans to airlines for all Airbus aircrafts, with a […]
Emirates is breaking out of Dubai. In what will be a curious experiment for one of the world’s fastest-growing and most respected airlines, Emirates will begin flying daily from New York’s JFK International Airport to Milan starting Oct. 1. It will be one of the very few routes in the company’s vast network that doesn’t touch its Dubai hub. The JFK-Milan route is currently served with nonstop […]
