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Nov. 9, 2015 / 3:51 PM

UAE getting Boeing regional headquarters

Boeing has signed an agreement to open a regional headquarters and other facilities in Dubai South, a new city in the United Arab Emirates.

DUBAI, United Arab Emirates, Nov. 9 (UPI) -- Boeing Plans to Establish a Middle East Headquarters in the United Arab Emirates that will include a maintenance training facility and a parts warehouse.

A memorandum of agreement for the headquarters was signed by Boeing and the Dubai Aviation City Corporation at the Dubai Airshow.

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"Boeing is the world's leading aerospace company, and to ensure our regional competitiveness, we have taken a strategic decision to establish our regional headquarters in what will become an unrivaled logistics and aviation hub," said Boeing President and Chief Executive Officer Dennis Muilenburg. "This agreement demonstrates Boeing's commitment to our customers in the region and support for the Dubai government's vision for Dubai South."

Dubai South, previously called Dubai World Central, is an emerging city in the emirate. It was founded in 2006 as a Government of Dubai project. Boeing plans on commencing operations there by the end of 2017.

Dubai Aviation City Corporation is described by Boeing as the parent organization of Dubai South.

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