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Discuss this article (0 Comments)Arabic Press Review - Aug 29
by This email address is being protected from spam bots, you need Javascript enabled to view it on Wednesday, 29 August 2007
In the Kuwaiti Arabic press today, daily newspaper Al Watan today reveals that the country's acting communications minister Abdulwahid al-Awadhi has met with Boeing officials and is expected to meet Airbus officials on Wednesday.
The meetings are set to discuss replacing ageing aircraft of Kuwait Airways' fleet, the daily reported.
The move comes as Kuwait Airways yesterday scrapped a $3 billion deal to buy 19 planes from Aviation Lease and Finance Company (Alafco) after the government refused to approve the loss-making state carrier's plan.
Kuwait Airways had said it would buy 12 Boeing 787 Dreamliners and seven single-aisle Airbus A320 aircraft under an initial agreement signed in June.
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In the UAE today, daily newspaper Al Ittihad reports that Dubai Financial Market is set to add four listings in the first half of next month.
The listings include three Kuwaiti companies, the newspaper reported, giving no details on the fourth firm.
The four new listings will bring the exchange's total listings to 52.
...and in other news...
Al Ittihad, UAE: More than 3,000 companies in the technology sector will participate in the Gitex technology conference in Dubai in September.
Al Bayan, UAE: Air Arabia is adding two flights per week to its Kathmandu, Nepal, destination and three flights per week to Chittagong, Bangladesh.
Al Ittihad, UAE: Some 210.67 million dirhams ($57.34 million) in land transactions were conducted in Dubai on Tuesday.
Al Qabas, Kuwait: State carrier Kuwait Airways held marathon talks on Tuesday which are expected to continue Wednesday with aircraft manufacturers Boeing and Airbus on ways to modernise its fleet after scrapping an initial deal with Aviation Lease and Finance Co.
Al Rai, Kuwait: Trade Minister Falah al-Hajeri told the daily he will meet ministry officials on Wednesday to discuss solutions for the rising prices of consumer goods.
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