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 ...

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 ...

ABU DHABI/ GULF TIME For the first time ever, Snow Abu Dhabi will be transformed into a Winter Wonderland from 01-25 December, so guests in the Capital can enjoy a bumper line-up of family-friendly activities surrounded by real snow! Santa Claus is coming to town and guests will have the chance to meet the man himself and his merry elves ...

DUBAI/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has visited the COP28 site at Expo City Dubai as the country prepares to host the global conference until 12 December. His Highness toured the site and was briefed on the preparations of its facilities and ...

SHARJAH/ WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, in the presence of H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and President of the University of Sharjah, received on Thursday, Astronauts Sultan AlNeyadi, Hazzaa Almansoori and UAE Mission 2 team, at the Sharjah Academy of Astronomy, ...

ABU DHABI/ WAM CPX Holding, a leading provider of digital-first cybersecurity solutions and services, today signed a Memorandum of Understanding (MoU) with Abu Dhabi Global Market (ADGM). The memorandum was signed during the Abu Dhabi Finance Week (ADFW) by Paul Lawson, Executive Director Cyber Defence, CPX and Abdullah Al Qubaisi, Chief Support Services Officer, ADGM and witnessed by Mohammed Hamad ...

DUBAI/ WAM Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, has officially assumed the role of COP28 President in a ceremony to mark the official transfer of the role from his predecessor, Egypt’s Sameh Shoukry. “The science has spoken,” the COP28 President told delegates. “It has confirmed the moment is now to find a new road, ...

DUBAI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty King Charles III of the United Kingdom of Great Britain and Northern Ireland witnessed the launch of the Business and Philanthropy Climate Forum as part of UN Climate Change Conference (COP28) events at Expo City Dubai. The forum featured the participation of over 1,000 CEOs and ...

DUBAI/ WAM The UAE announced today its commitment of US$100 million to the Fund for Climate Impact Response, following an agreement to operationalise the fund during the United Nations Climate Change Conference of the Parties (COP28). On the occasion, H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, said, “We congratulate all parties on the historic adoption of ...

RAS AL KHAIMAH /WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received today, at his palace in the Saqr bin Mohammed City, the Vice President of the Republic of Côte d’Ivoire, Tiemoko Meyliet, who is heading a high-level delegation on a visit to the UAE. Sheikh Saud discussed with Meyliet the ...