AVIATION-

Royal Jet eyes Malaysia expansion with potential acquisition: UAE-based airline Royal Jet has inked a conditional Heads of Agreement with Sapura Resources Berhad (SRB) to acquire SRB’s aviation business at Subang International Airport, according to a press release. The potential acquisition indicates Royal Jet’s intention to expand into the Asian market, where Subang International Airport would serve as its regional hub for private charters and for its maintenance, repair, and overhaul business, according to the press release.

ALSO WORTH KNOWING-

  • Emirates Post has inked an MoU with Mauritius Post to boost cooperation in postal services and e-commerce solutions. (Press Release)
  • A Jordanian delegation discussed enhancing trade and investment ties with Palestine during a visit to Hebron. (Jordan News Agency)
  • Qatar’s GWC lifts cap on foreign investor ownership: Qatar’s logistics and supply chain solutions firm Gulf Warehousing Company has removed limits on non-Qatari ownership in the company. (Disclosure, pdf)
  • Qatar islookingtofurther enhance its relations with the African Civil Aviation Commission (AFCAC), particularly in terms of training human resources in African civil aviation. (Statement)
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