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Rolls-Royce plans higher cash flow as CEO pushes efficiency

BLOOMBERG Rolls-Royce Holdings Plc set ambitious medium-term targets of higher cash flow and return on capital as Chief Executive Officer Tufan Erginbilgic takes his turnaround effort at the UK engine maker to the next phase. The company expects to achieve operating profit of as much as £2.8 billion ($3.5 billion) and free cash flow of as much as £3.1 billion ...

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Hamdan bin Zayed receives President of Angola

ABU DHABI/ WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, received at Al Nakheel Palace on Monday, President João Lourenço of the Republic of Angola, and discussed with him bilateral relations and ways to enhance them. During the meeting, Sheikh Hamdan welcomed the guest president, who is visiting the country to participate in the ...

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