Neither Saudia Group nor Airbus disclosed the value of the deal, however, the Future Aviation Forum in Riyadh where the order was announced said the record Saudi order was worth $19 billion….
Tag: National
Sharjah National Oil Corporation acquires 30% in exploration of oil RAK's Block 7
Sharjah: The Sharjah National Oil Corporation (SNOC) has finalised a deal to acquire a 30 per cent participation stake in Block 7, Ras Al Khaimah, from Italian energy company Eni, covering an…
National Bank of Fujairah posts 81% rise in Q1 pretax profit
“The continued high-interest rate environment, continuing improvement in impairment provisions, careful management of costs and buoyant local market conditions, despite the broader uncertain geopolitical conditions and global environment, all contributed to this…
Abu Dhabi National Hotels' eyes Dh100m net profit gain after buying out Compass Group stake
The expected financial returns from the deal – expected to be completed soon – could lead to an additional annual net profit of around Dh100 million. The UAE JV, ADNH Compass, is…
National Bank of Fujairah posts 113% in net profits at Dh725.1 million
Helped by an improvement of Dh66.6 million in investments designated as fair value through other comprehensive income (FVOCI), NBF’s total comprehensive income for the year was Dh790.4 million up 223.8 per cent compared…
ADX sees direct deals worth Dh104.3 million on Eshraq Investments and National Bank of Fujairah
According to ADX data, the first trade was executed on NBF on 15.2 million shares worth Dh68.7 million at a price of Dh4.5 per share. The second trade was executed on Eshraq…