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Asia Digital Engineering (ADE), the engineering and maintenance subsidiary of Capital A, announced that it has secured a US$100 million investment from OCP Asia Ltd. that will be used for the construction and operationalisation of a new state-of-the-art 14-line aircraft maintenance hangar facility
Investment will help ADE construct a new state-of-the-art 14-lines facility, to create the region's leading MRO
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Saudi Arabia has become one of the most attractive markets for international companies seeking new mergers and acquisitions, and it is set to maintain its position in 2022. The country’s growth stood at 6.8 percent for the third quarter. This is due to rising world demand for crude oil, ambitious Saudi Vision 2030 targets, cutting the Kingdom’s dependence on the sale of