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UAE and Germany eye boosting cooperation on energy policy

  Abu Dhabi / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy, and Rainer Baake, German State Secretary at the Federal Ministry for Economic Affairs and Energy, on Monday signed a joint Declaration of Intent on cooperation in the fields of energy between the two countries. The official signing took place during the World Future Energy Summit ...

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SCCI to boost biz ties with Costa Rica

  Abu Dhabi / WAM Officials of the Sharjah Chamber of Commerce and Industry (SCCI) will meet Luis Guillermo Solis Rivera, President of Costa Rica, and a high-level Costa Rican government delegation on Wednesday for talks aimed at boosting economic co-operation, increasing investments in various sectors and facilitating exchange of visits and experiences. Tourism, Islamic banking, services and infrastructure will be ...

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Cathay Pacific to revamp fuel hedges, workforce as shares rise

  Bloomberg Cathay Pacific Airways Ltd., Asia’s biggest international airline, plans to shorten its fuel-hedging program and revamp its workforce as part of a new business strategy to halt a slide in earnings. The shares jumped the most in nine months. The carrier “won’t hedge as far forward as we have in the past” and will “rethink its workforce,” Chief ...

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