Brazil’s Petrobras explores investment in Mubadala Capital-owned biofuel project
Brazil is the UAE's top trading partner in Latin America and ranks second only to the US among the country's most important trading partners in the Americas
Saudi Arabia's first-quarter tourism revenue more than tripled to $9.9bn
The kingdom hosted about 7.8 million tourists during the first three months of 2023
Dnata reduces CO2 emissions in UAE by switching to biofuel
The saving of 80 tonnes of carbon dioxide emissions per year is equivalent to more than 320,000km driven by an average petrol-powered car
Abu Dhabi looks to new aviation era as $3bn terminal to open
Once fully operational in November, the new terminal will be able to handle 45 million people a year and process 11,000 passengers per hour
PIF-backed plane lessor AviLease on track to more than triple growth to $20bn by 2030
Bond sales and additional equity expected to drive company's expansion as it seeks 'more exposure' to Emirates and flydubai airlines
No hotels or water and not even a blanket for those stranded after UK air traffic meltdown
Holidaymakers left scrambling for hotels following country's worst airport glitch in a decade
PIF's AviLease to buy Standard Chartered's aviation finance business for $3.6bn
The transaction is expected to close in the fourth quarter of this year
China’s travel rebound could result in sky-high jet fuel prices
Higher jet fuel prices may weigh on airlines currently recording bumper profits
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