DEWA has named Moelis as an adviser on what will likely be the city’s biggest listing yet
Author Archives: Abdul Rawuf
Abdul Rawuf
Dubai bourse
Dubai’s IPO moves add $3bn to bourse operator’s value
A flurry of announcements since the start of the month have helped push Dubai Financial Market’s market value to about $5.4bn
airline business
Emirates fleet rethink could mean Boeing pain and Airbus gain
Emirates was due to get its first 777X in June 2020, followed by A350s from 2023, but the Boeing jet has been delayed until late that year at least
AB In Focus
AB Talks: How Visa is living its purpose with new CEMEA headquarters
Dr. Saeeda Jaffar, GCC group country manager for VISA, and Dan Baxter, vice president of corporate communications CEMEA, share the importance of its new 100,000 square foot home Dubai Internet City
Air Arabia
Air Arabia stands by orders, sees potential in Pakistan venture
Discount carrier is currently talking with both General Electric Co.’s CFM venture and Pratt & Whitney, the rival engine providers for the A320neo
Benny Pough
Benny Pough: ‘If you don’t learn from near-death situations, then you’re a fool’
Music mogul Benny Pough reflects on 30 years at the pinnacle of the powerful US record industry, the Middle Eastern music scene, a life-changing accident, his new book, and more
Airbus A350
Emirates could seek Airbus A350s sooner if Boeing delays persist
President Sir Tim Clark said that passenger demand is now running at 50 percent or higher as travel begins to rebound from the coronavirus crisis
Agility
Kuwait’s Agility to continue investing in supply chain, CEO says
Agility is currently evaluating the best options for expanding its business, with next year being “a fair time to expect something”, Tarek Sultan said
cloud computing
Saudi Telecom Co. to invest $400m expanding data centres
STC’s data-centres program consists of 16 data centres in six cities
Aramex
Dubai’s Aramex announces launch of start-up focused Aramex Go in Saudi Arabia
Launch comes as Saudi Arabian authorities continue to deregulate the start-up sector in a bid to expand entrepreneurism in the kingdom
Airbus
FlyDubai in early talks with Boeing, Airbus about next jet order
Low cost carrier will take delivery of 33 Max planes from June through to the end of next year, while retiring 10 or 12 older 737 models
Dubai property market
Emaar posts record sales as Dubai property market continues rebound
Dubai-based giant posted real estate sales of $7.2bn for the first nine months of the year
Aviation
GE on how the future of aviation gets greener
As the global aviation industry begins to normalise, Aziz Koleilat, General Electric Aviation’s VP of sales and marketing for Eastern Europe, CIS, Russia, the Middle East and Turkey, takes Riaz Naqvi through GE’s century of work with aircraft engines, as well as the work the company is doing to make today’s flights greener