Economy of Dubai

January 20, 2009 - 4:55am

Dubai Aerospace Enterprise (DAE) has arranged $800 million in loans and revolving credit to fund “general corporate purposes.” The fresh capital, available on a three-year term, has come from a group of banks including Citibank, Deutsche Bank, Emirates Bank International, Lloyds TSB Bank and Noor Islamic Bank.

November 11, 2007 - 7:11pm

Charlotte, North Carolina-based Goodrich Corp. (Stand W436) opened its new maintenance and repair facility in Dubai’s Jebel Ali Free Trade Zone (JAFZA) just over three weeks ago. This Wednesday during the Dubai Air Show, the aerospace systems and services supplier will host an opening ceremony for customers, senior executives and other guests.