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Saudi Aramco signs deal with foreign, local firms to build huge shipya
(Reuters - 31/05/2017)

Saudi Aramco said on Wednesday it had signed a joint venture agreement with three firms to build a shipyard on the kingdom's east coast, part of the government's drive to diversify the economy beyond oil. A shareholder agreement was signed with National

Saudi joint venture signs deals for 1,000 buses
(Trade Arabia - 23/05/2017)

Public Transport Company (PTC), the joint venture between RATP Dev and Saptco, has signed major agreements with Mercedes-Benz and MAN to acquire around 1,000 buses for the future Riyadh bus network. The agreements are significant achievements towards the

Air Arabia fleet growth back on the agenda as Morocco leads rebound
(Gulf Times - 11/05/2017)

Air Arabia has renewed plans that were put on hold after a dip in demand to expand its fleet, with the biggest discount carrier in the Gulf and North Africa encouraged by rebounding sales at its Moroccan unit. The airline, an Airbus A320 operator, could

Air Arabia reports net profit of $28 million in Q1
(Trade Arabia - 08/05/2017)

Sharjah-based carrier Air Arabia reported a net profit of Dh103 million ($28 million) for the first quarter (Q1) of the year, as against Dh114 million during Q1 2016, marking a decrease of 10 per cent, a report said. In the same period, the airline

Air Arabia reports net profit of $28m in Q1
(Trade Arabia - 08/05/2017)

Sharjah-based carrier Air Arabia reported a net profit of Dh103 million ($28 million) for the first quarter (Q1) of the year, as against Dh114 million during Q1 2016, marking a decrease of 10 per cent, a report said. In the same period, the airline

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