Boeing and Kuwait-based ALAFCO Aviation Lease and Finance Company (ALAFCO) have announced a commitment for 20 737 MAX 8s at the 2017 Paris Airshow, valued at US$2.2bn at current list prices
Logistics
Concession agreement to develop, manage and operate Fujairah Port
A 35-year concession agreement between Abu Dhabi Ports and the Port of Fujairah was signed recently
Abraaj Group divests stake in Careem to Kingdom Holding Company

Careem is currently active in more than 80 cities in the region, up from 20 at the time of Abraaj group?s investment in 2015. (Image source: Tom Wang/Shutterstock)
The Abraaj Group announced that it has divested shareholding in Careem, the UAE?s leading transportation network company, to the Saudi Arabia?s conglomerate Kingdom Holding Company
Hargeisa joins Air Arabia?s growing African network
Two weekly flights connecting Sharjah and Hargeisa starting 4 July 2017
Saudi Arabia will acquire 242 MAN buses to cater to public transport demands

MAN Lion?s buses are expected to make Saudi Arabia?s public transport system enjoyable and efficient at the same time. (Image source: MAN)
Saudi Public Transport Company (SAPTCO) has signed a contract with the French public transport company RATP Dev to supply 242 MAN Lion?s City M city buses to Riyadh, aiming to meet the growing demand for improving public transport facilities in the kingdom