Air Arabia signs USD350m loan deal for 10 aircraft
Air Arabia, the low-cost carrier based in the United Arab Emirates, has signed a USD 350 million financing agreement to help buy 10 new aircraft from Airbus.
Saudi investor to delay Sudan farm project over dollar curbs
A Saudi firm will hold off its planned project in Sudan to produce wheat and other basic food items until the government eases a ban to repatriate profits, its head said on Monday.
Qatar sets up USD1bn energy infrastructure fund
Three Qatari state-backed entities, including the Gulf Arab nation's acquisitive sovereign wealth fund, are setting up a USD 1 billion fund to invest in overseas energy infrastructure assets.