dubai airports

Dubai Announces $3 Billion Airport Expansion Project

DUBAI, 14th May, 2017 (WAM) — The Department of Finance for the Government of Dubai, DOF, the Investment Corporation of Dubai and Dubai Aviation City Corporation, have announced the successful signing of Airport Financing Company FZE, FINCO, US$3 billion credit facilities. The facilities represent the debut financing for FINCO as part of the long-term funding

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Unauthorized Drone Activity Forces Closure of Dubai Airport

Dubai Airport was forced to shut down between 8:05 am and 8:35 am (UAE local time) on Wednesday, September 28 due to unauthorized drone activity. The incident is the latest in a string of airport closures caused by drones in Dubai. An eyewitness reported 21 planes were backed up on the runway and there were

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