Latest news with #777s
Yahoo
16-05-2025
- Business
- Yahoo
Trump on tour: flurry of new deals signed on UAE visit
STORY: Donald Trump's Gulf tour took him to the United Arab Emirates on Thursday. And the visit was marked by the signing of more deals, valued in all at $200 billion. That followed a pledge by the UAE in March to invest some $1.4 trillion in the U.S. over ten years. Trump hailed that deal in a meeting with country President Sheikh Mohamed Bin Zayed Al Nahyan: 'And all I could say is thank you very much. We will work very hard to deserve it.' Among the deals announced Thursday was another order for Boeing. UAE airline Etihad said it would buy 28 big jets from the aerospace giant, including 787s and 777s. That followed news of Boeing's biggest-ever order for widebody jets a day before, when Trump visited Qatar. Also finalized during Trump's visit was a plan for the largest AI campus outside the U.S., to be built in the UAE. Reuters sources said the deal would give the country expanded access to AI chips from Nvidia. Company boss Jensen Huang was seen conversing with Trump at the palace on Thursday. A White House factsheet said other deals included a partnership between U.S. and UAE oil firms to expand oil and gas production. It valued that agreement at $60 billion. However, U.S. lawmakers including Bernie Sanders on Thursday sought to block further arms sales to the country. That's over allegations that UAE forces are involved in Sudan's civil war. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Trump on tour: flurry of new deals signed on UAE visit
STORY: Donald Trump's Gulf tour took him to the United Arab Emirates on Thursday. And the visit was marked by the signing of more deals, valued in all at $200 billion. That followed a pledge by the UAE in March to invest some $1.4 trillion in the U.S. over ten years. Trump hailed that deal in a meeting with country President Sheikh Mohamed Bin Zayed Al Nahyan: 'And all I could say is thank you very much. We will work very hard to deserve it.' Among the deals announced Thursday was another order for Boeing. UAE airline Etihad said it would buy 28 big jets from the aerospace giant, including 787s and 777s. That followed news of Boeing's biggest-ever order for widebody jets a day before, when Trump visited Qatar. Also finalized during Trump's visit was a plan for the largest AI campus outside the U.S., to be built in the UAE. Reuters sources said the deal would give the country expanded access to AI chips from Nvidia. Company boss Jensen Huang was seen conversing with Trump at the palace on Thursday. A White House factsheet said other deals included a partnership between U.S. and UAE oil firms to expand oil and gas production. It valued that agreement at $60 billion. However, U.S. lawmakers including Bernie Sanders on Thursday sought to block further arms sales to the country. That's over allegations that UAE forces are involved in Sudan's civil war. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Observer
07-05-2025
- Business
- Observer
Bids invited for VE study of proposed Musandam Airport
Muscat: The Civil Aviation Authority (CAA) has invited bids for consultancy services for a Value Engineering (VE) study for the development of Musandam airport. The last date to get documents is May 11, while bids can be submitted until May 22. Value engineering is a method to enhance a project's value by optimizing functions and reducing costs, often through material or method substitutions, without compromising quality. It has been reported earlier that the final design of the proposed Musandam Airport has been completed, and a strategy is being prepared to start the tendering process. Musandam Airport is expected to be ready in the second half of 2028. The project assumes significance due to operational challenges facing the current Khasab Airport, especially the possibility of operating services for 24 hours. The project will be divided into phases. The first stage will include a 45-metre-wide runway. A passenger building (to handle 250,000 passengers annually) will be constructed in addition to an air traffic control tower, runway (2,520 metres long and 45 metres wide), taxiways, a fire station, equipment repair shops, a marine rescue station, and parking lots for aircraft. There will be a new road 7-km leading to the airport. In the second phase, the runway will be expanded to 3,300 metres, capable of Airbus 330s, 350s and Boeing 787s and 777s, in addition to increasing the number of taxiways and parking lots for aircraft, an aircraft isolation yard and the terminal building (if required).


Zawya
18-03-2025
- Business
- Zawya
Oman: Proposed Musandam Airport to enter bidding stage
MUSCAT: The final design of the proposed Musandam Airport has been completed and a strategy is being prepared to start the tendering process. It was revealed by Sayyid Ibrahim bin Said al Busaidy, Governor of Musandam, during the recently held dialogue on the development of the governorates, which included Al Batinah North, Al Batinah South, Al Dakhiliyah and Musandam. It may be noted that Governors are accorded more powers following the issuance of the Governorates System in 2022. It was also revealed that the Dibba Lima-Khasab road is 40 per cent complete and is progressing well as per the timeline. Work is underway on the dual carriageway between Farq and Izki while streetlight work will be completed on the Al Batinah Expressway before the end of the year. A study is underway to divert trucks on the road linking Al Batinah North and Al Batinah South governorates, without affecting economic activity. As per earlier reports, Musandam Airport is expected to be ready in the second half of 2028. The project assumes significance due to operational challenges facing the current Khasab Airport, especially the possibility of operating services for 24 hours. The project will be divided into phases. The first stage will include a 45-metre-wide runway. A passenger building (to handle 250,000 passengers annually) will be constructed in addition to an air traffic control tower, runway (2,520 metres long and 45 metres wide), taxiways, a fire station, equipment repair shops, a marine rescue station and parking lots for aircraft. There will be a new road of 7-km leading to the airport. In the second phase, the runway will be expanded to 3,300 metres capable of Airbus 330s, 350s and Boeing 787s and 777s, in addition to increasing the number of taxiways and parking lots for aircraft, an aircraft isolation yard and the terminal building (if required). 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (


Observer
17-03-2025
- Business
- Observer
Proposed Musandam Airport to enter bidding stage
MUSCAT: The final design of the proposed Musandam Airport has been completed and a strategy is being prepared to start the tendering process. It was revealed by Sayyid Ibrahim bin Said al Busaidy, Governor of Musandam, during the recently held dialogue on the development of the governorates, which included Al Batinah North, Al Batinah South, Al Dakhiliyah and Musandam. It may be noted that Governors are accorded more powers following the issuance of the Governorates System in 2022. It was also revealed that the Dibba Lima-Khasab road is 40 per cent complete and is progressing well as per the timeline. Work is underway on the dual carriageway between Farq and Izki while streetlight work will be completed on the Al Batinah Expressway before the end of the year. A study is underway to divert trucks on the road linking Al Batinah North and Al Batinah South governorates, without affecting economic activity. As per earlier reports, Musandam Airport is expected to be ready in the second half of 2028. The project assumes significance due to operational challenges facing the current Khasab Airport, especially the possibility of operating services for 24 hours. The project will be divided into phases. The first stage will include a 45-metre-wide runway. A passenger building (to handle 250,000 passengers annually) will be constructed in addition to an air traffic control tower, runway (2,520 metres long and 45 metres wide), taxiways, a fire station, equipment repair shops, a marine rescue station and parking lots for aircraft. There will be a new road of 7-km leading to the airport. In the second phase, the runway will be expanded to 3,300 metres capable of Airbus 330s, 350s and Boeing 787s and 777s, in addition to increasing the number of taxiways and parking lots for aircraft, an aircraft isolation yard and the terminal building (if required).