ADE secures USD 100 million from QNB Group to accelerate MRO expansion – AeroTime

ADE Secures $100 Million Investment from QNB Group to Fast-Track MRO Expansion

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ADE has secured an impressive USD 100 million investment from QNB Group to fast-track its ambitious MRO expansion plans. This significant funding will supercharge ADE’s maintenance, repair, and overhaul capabilities, propelling the company to new heights in the industry

Kuwait’s Jazeera renews $153mn in loans, Boodai takes 17% – ch-aviation

Kuwait’s Jazeera Secures $153M Loan Renewal as Boodai Acquires 17% Stake

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Kuwait’s Jazeera Airways has successfully renewed $153 million in loan facilities, strengthening its financial foundation. At the same time, Boodai Corp. has boosted investor confidence by acquiring a 17% stake in the airline, ch-aviation reports