Dubai Aerospace Enterprise (DAE) will buy an 80 per cent stake in an Amman aviation firm. Jordan Aircraft Maintenance (JorAMCo) offers planes manufactured by Airbus, Boeing and Embraer. It is based at Queen Alia International Airport in the Jordanian capital. DAE, which is state-owned, did not disclose the terms of the acquisition, from global finance firm Abraaj Group.

Microsoft says consumer products services fully recovered
Microsoft's global outage eases after disrupting businesses, governments
Dubai Investments reports AED 1.13 billion profit before tax
Dubai retains position as leading maritime city
Nvidia CEO Jensen Huang steps down
