26.8 C
Monday, April 22, 2024

MBRAK signs agreement with Tim Investment to launch MRO hangar


The Mohammed bin Rashid Aerospace Center (MBRAH) has announced the signing of an agreement with Tim Investments to establish an MRO hangar in Dubai South that can accommodate wide-body aircraft.

The signing ceremony was held at the Dubai South headquarters in the presence of Khalifa Al Zaffin, Executive Chairman of Dubai Aerotropolis and Dubai South, Tahnoon Saif, CEO of MBRAH, and Timor Shah Shahab, Founder and CEO of Tim Investment. Senior management from both entities.

Groundbreaking for the new hangar will take place during the Dubai Airshow in 2023, with construction expected to be completed by the first quarter of 2025.

growth trajectory

Saif said: “The agreement with Tim Investments underscores our continued commitment to strengthening the growth trajectory of Dubai’s aviation industry and attracting top global players to establish operations in the emirate as part of the dynamic ecosystem in South Dubai to meet demand. enterprise.

“We will spare no effort to support Tim Investments’ expansion in Dubai and will continue to contribute to strengthening Dubai’s place on the world’s aviation map.”

Shahab commented: “Our new MRO hangar at MBRAH is part of our strategic plan and represents a major step forward in expanding our reach to cater to a wider range of customers in the aviation sector. This move puts us in Dubai At the center of a thriving MRO landscape, reinforcing our dedication to fostering innovation and fostering excellence in the industry. We look forward to working closely with MBRAH on the new hangar.”

Tim Investments is a driving force in the aerospace sector with its broad and dynamic portfolio. The company is an umbrella organization for several well-known entities, including V2 Aviation DMCC, which provides aircraft and essential leasing and charter services for passengers and cargo; V2 Aerospace JAFZA, which specializes in trading aircraft spare parts; Legend Airline SRL Europe, Europe’s premier Airlines; Tim Aerospace DWC, providing comprehensive passenger and cargo aircraft repair, maintenance and dismantling services.

advanced connection

Offering a high level of connectivity to the global aerospace business, MBRAH is the free zone destination for the world’s leading airlines, private jet companies, MROs and related industries. Located in and developed by Dubai South, MBRAH is also home to a maintenance center and a training and education campus. It works to strengthen the engineering industry to realize the emirate’s vision of becoming a leading aviation hub. — trade arab news agency


Source link

Related Articles

Veesham Printing Press – Pioneering Personalized Printing Solutions

In today's fast-paced and increasingly personalized world, where individuality reigns supreme, the demand for tailored printing solutions has never been higher. Enter Veesham Printing...

Sustainable Investment Trends Shaping and Empowering the Future.

Sustainable Investment Trends That Will Define The Future In recent years, the global investment landscape has witnessed a significant shift towards sustainability. Investors are increasingly...

Bitcoin Halving: Potentially Transforming the Cryptocurrency into a Scarcer Asset Than Gold.

Bitcoin Halving: Paving the Path to Rarity Beyond Gold The world of cryptocurrency is abuzz with anticipation as Bitcoin, the pioneering digital currency, undergoes a...

Gold and Oil Surge Expected as GCC Stocks Brace for Pressure Amid Iran-Israel Conflict, Impending Turmoil

Gold and Oil Surge, GCC Stocks Brace for Impact Amid Iran-Israel Conflict Gold prices have surged to unprecedented levels in recent weeks, reaching record highs,...

Touchstone Infotech: Pioneering Innovation in Digital Solutions for Small Businesses

Introduction:In the bustling landscape of startups and small businesses, Touchstone Infotech shines as a beacon of innovation and transformative digital solutions. Founded by Prashant...

Latest Articles