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DAE okays $300mn bond repurchase plan

DUBAI / WAM Dubai Aerospace Enterprise (DAE) announced that its Board of Directors and sha- reholders had approved a bond repurchase program-me of up to $300 million. Repurchases will be conducted through transactions in the open market, the company said, and announced that pursuant to this approval it had repurchased $43 million of its bonds maturing in 2024. DAE Managing ...

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Emirates SkyCargo receives pharma recognition award

DUBAI / WAM Emirates SkyCargo, the freight division of Emirates Airlines, received the 2018 Carrier Award for Reliability and Excellence (CARE) by DHL Global Forwarding for transportation of temperature sensitive pharmaceuticals. The award was received by Henrik Ambak, Emirates Senior Vice President, Cargo Operations Worldwide at 18th Global Life Sciences and Healthcare Conference organised by DHL at Baveno, Italy. The ...

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Wetex, Dubai Solar Show to highlight new ‘energy tech’

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) is organising the 20th Water, Energy, Technology, and Environment Exhibition (Wetex) under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, and the patronage of HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of ...

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