ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) has participated as a strategic partner in the second edition of the “Make it in the Emirates” forum focussed on “Investment, Sustainability, and Growth.” As one of the most significant industrial gatherings in the UAE, as well as the wider Middle East and North Africa region, the forum brought together ...

ABU DHABI / WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, presided over the meeting of the Ministry of Interior’s (MoI) Happiness and Positivity Council at the ministry’s headquarters. The session commenced with a thorough review of the Government Services Observatory findings. Mohammed bin Taliah, the Head of Government Services ...

ABU DHABI / WAM The Sheikh Zayed Book Award (SZBA), organised by the Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), is welcoming submissions to its 18th edition and will be receiving submissions from June to October 1. This year, the award will receive submissions across ten categories, ...

DUBAI / WAM The Mohammed bin Rashid Space Centre (MBRSC) on Thursday  announced that two ham radio sessions with astronaut Sultan AlNeyadi from the International Space Station (ISS), under the “A Call from Space” event were successfully completed over the course of two days, in collaboration with the Emirates Amateur Radio Society (EARS) and Emirates Literature Foundation (ELF). Ham radio, ...

ABU DHABI / WAM The UAE’s various industrial zones have a critical role to play in the country’s sustainable industrial development and broader economic prospects, according to the leaders of several major national industrial zones. Speaking at the second Make in the Emirates Forum on Thursday, Mohamed Al Khadar Al Ahmed, CEO of the Khalifa Economic Zones Abu Dhabi (Kezad) ...

BLOOMBERG Deutsche Lufthansa AG is about to embark on a tough journey to pull off a quick turnaround of Alitalia’s successor ITA Airways and overcome two decades of constant losses. Lufthansa agreed to buy a minority stake in ITA, and its executives think they can succeed where other managers failed: wringing a profit from the airline that long flew the ...

BLOOMBERG Go Airlines India Ltd plans to raise salaries of captains by 100,000 rupees ($1,211) a month and by 50,000 rupees for first officers as it tries to salvage its operations after filing for insolvency on May 2. The additional pay, which the airline calls a retention allowance, will come into effect on June 1, according to an email to ...

BLOOMBERG A made-in-China aircraft to rival Boeing Co and Airbus SE underwent its maiden commercial flight on May 28, almost six months after being delivered to China Eastern Airlines Corp. Flight MU9191 took off from Shanghai at 10:32 am local time, China Eastern said on its Weibo account. The plane carried 128 passengers and landed safely at Beijing, People’s Daily ...

BLOOMBERG Rolls-Royce Holdings Plc could cut thousands of jobs after the company hired consultants led by McKinsey & Co to advise on streamlining its operations, The Times reported. Part of the turnaround plan will see the combination of non-manufacturing departments in each of the company’s civil aerospace, defense and power systems divisions, the newspaper said, citing an unidentified consultancy source. ...

BLOOMBERG European stocks climbed after three days of declines, while US futures edged higher after the House passed a deal to avert a US default and Federal Reserve officials hinted at a pause in interest-rate hikes. Banks and carmakers led gains in the Stoxx Europe 600 index as data showed euro-area inflation slowed more than analysts’ estimates in May. Adnoc ...