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ECI partners with  Adex to drive tech advancements in Angola

ABU DHABI / WAM Etihad Credit Insurance (ECI), the federal export credit agency of the UAE, has joined forces with the Abu Dhabi Export Office (Adex), in a move to strengthen the UAE’s position in international trade and innovation. This partnership is marked by the signing of an insurance policy, which aims to support an initiative to implement a digital ...

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Abdullah bin Zayed attends part of G20 Summit in India

NEW DELHI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, on Sunday attended part of the sessions of the G20 Summit, which is being hosted by the Republic of India under the slogan “One Earth, One Family, One Future”. The UAE top diplomat participated in a session titled “One Future,” which explored the need for ...

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Emirates Health Services, HCA International sign agreement

DUBAI / WAM The Emirates Health Services (EHS) and UK-based HCA International Limited signed a memorandum of understanding, focused on three main areas — education, research, and the Visiting Consultants Programme, to provide advanced clinical services to patients, develop integrated health care programmes and leverage advanced treatment methods. The agreement was signed by Dr Essam Mohammed Al Zarooni, Acting Executive ...

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Majra holds meeting for social responsibility initiatives in UAE

ABU DHABI / WAM The National CSR Fund (Majra)’s Board of Trustees held its third meeting in the year 2023 to discuss a range of new mechanisms to operationalise social responsibility frameworks. The meeting also explored the means to promote cooperation between the government and private sectors in order to raise awareness of the criteria for social responsibility and the ...

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Almheiri calls African nations to sign Leaders Declaration on Food Systems, Agriculture and Climate Action at AGRF

DUBAI / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, galvanised support for global food system transformation and built momentum for COP28, the UN Climate Change Conference hosted by the UAE, during her interactions with African ministers and leaders at the Africa Food Systems Forum (AGRF). The forum, which was organised by AGRA, took place during ...

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Hungary in talks to buy majority stake in Budapest Airport

BLOOMBERG Hungary has submitted a formal offer to buy a majority stake in Budapest Airport in a transaction that could be valued at about €4 billion ($4.3 billion), according to a person familiar with the matter, potentially ending years of wrangling over the hub’s fate. The two parties are expected to now enter into formal discussions, said the person, who ...

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Qantas’ troubles mount with airport slots shakeup

BLOOMBERG Qantas Airways Ltd’s woes deepened after the government said it’s looking to shake up the way takeoff and landing slots are granted in Sydney in order to help smaller rivals like Rex and Bonza. Airline access to Australia’s biggest aviation hub “has not kept pace with global developments,” a review of the aviation sector said. The government wants to ...

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L’Occitane halts trading in Hong Kong

BLOOMBERG L’Occitane International SA halted trading in Hong Kong ahead of an announcement that may spell out details on the French skin-care company’s potential take-private plan. The firm said in August that its controlling shareholder was considering a possible deal to take the company private with a minimum possible offer of HK$26 ($3.31) per share. L’Occitane said at the time ...

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