INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

flydubai signs pact with Saudi company

  • The AED 100m agreement has been signed for five years.
  • flydubai said the agreement reflects the longstanding relations between it and Saudi partners.

DUBAI: flydubai has signed an agreement with the Saudi Ground Services Company, under which the Saudi Company will undertake ground handling services for flydubai in various Saudi airports.
The agreement is worth more than AED100 million and stipulates that the Saudi company will provide ground handling services for the Dubai carrier in all the kingdom’s airports, including the 11 airports in which flydubai operates, flydubai said in a statement.
Hamad Obaidullah, Chief Commercial Officer of flydubai, said that the signing of the agreement reflects the longstanding relations between flydubai and its strategic partners within the kingdom’s market, which, he said, is one of the airline’s most important markets.