Leen Al-Rashdan

1 month ago | news.bloombergtax.com | Nicolas Parasie |Leen Al-Rashdan

Dubai Aerospace Enterprise Ltd, which is owned by the emirate’s sovereign wealth fund, is considering selling its aircraft maintenance division, according to people familiar with the matter. DAE is working with Morgan Stanley on a potential sale of its 80% stake in the Jordan-based aircraft maintenance, repair and overhaul company Joramco, the people said, asking not to be named as the information is private. Plans are at an early stage and may not result in a deal, the people said.

1 month ago | news.bloomberglaw.com | Nicolas Parasie |Leen Al-Rashdan

Dubai Aerospace Enterprise Ltd, which is owned by the emirate’s sovereign wealth fund, is considering selling its aircraft maintenance division, according to people familiar with the matter. DAE is working with Morgan Stanley on a potential sale of its 80% stake in the Jordan-based aircraft maintenance, repair and overhaul company Joramco, the people said, asking not to be named as the information is private. Plans are at an early stage and may not result in a deal, the people said.

1 month ago | bloomberg.com | Nicolas Parasie |Leen Al-Rashdan

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1 month ago | flipboard.com | Nicolas Parasie |Leen Al-Rashdan

4 hours agoThe EU retaliates against Trump's trade moves and slaps tariffs on produce from Republican statesBRUSSELS (AP) — The European Union on Wednesday announced retaliatory trade action with new duties on U.S. industrial and farm products, responding within hours to the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%.

1 month ago | news.bloomberglaw.com | Leen Al-Rashdan |Siddharth Philip |Manuel Baigorri |Danny Lee

PIF would contribute about $100 million to $226 million roundMalaysian airline’s talks include Japan, Singapore investorsSaudi Arabia’s sovereign wealth fund is poised to invest about $100 million in Malaysian carrier group AirAsia, according to people familiar with the matter, strengthening the Gulf kingdom’s ties with a region that’s a major source of tourism.