BLOOMBERG The chairman of Hong Kong Airlines Ltd resigned, one of several senior management changes at the recently overhauled carrier. Hou Wei was replaced by Zhang Youqiang, chairman of Hong Kong Air Cargo, according to a company memo seen by Bloomberg News. Hou left after a four-year stint that covered the Covid pandemic and a HK$49 billion ($6.3 billion) restructuring …
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BLOOMBERG Around 24,000 British Airways employees will get a pay rise of 13.1% over an 18-month period as demand for air travel soars, easing the threat of further disruptions as workers push for higher wages across the industry. Along with the salary increase, BA’s workers will also receive a one-time payment of £1,000 ($1,270), the Unite union said in a …
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BLOOMBERG Europe’s long-awaited recovery in corporate travel keeps getting pushed back. Since the end of the coronavirus pandemic, the region’s biggest airline groups have been counting on corporate warriors to head back to the skies. But so far, many business clients have sat out the travel rebound. Just two years ago, Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr boldly …
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BLOOMBERG Prime Minister Narendra Modi might address the deadly ethnic violence in northeast India before a no confidence vote brought by the opposition in an attempt to force a debate in a legislature dominated by his allies. Modi won’t lose the parliamentary vote scheduled on Thursday as the coalition led by his Bharatiya Janata Party has a supermajority in …
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DUBAI / WAM DXB LIVE, the experiential agency of Dubai World Trade Centre (DWTC), announced a 20% business growth in the first half of 2023, compared to the corresponding period in 2022. The agency successfully served 100 distinguished events, including 35 exhibitions, three conferences, 21 diverse public and entertainment events, and a range of concerts and graduation ceremonies. The number …
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ABU DHABI / WAM Borouge, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, and Borealis, one of the world’s biggest polyolefin manufacturers, on Tuesday announced the launch of two new sustainable polymer products for the automotive industry, in line with both companies’ sustainability drive. Made from up to 70% recycled materials, they are the first sustainable products …
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DUBAI / WAM The UAE Astronaut Programme is a sustainable programme that aims to develop a national team of astronauts to achieve the country’s aspirations in scientific exploration, participate in manned exploration missions, and contribute to the global space exploration missions by developing and preparing a team of Emirati astronauts, a top official told the Emirates News Agency (WAM). Salem …
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FUJAIRAH / WAM HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, has issued Resolution No.6 of 2023, appointing Nasser Mohammed Humaid Al Yamahi as Executive Director of the Fujairah Culture and Media Authority.
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FUJAIRAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, approved the applications of 82 students to the Sharjah Maritime Academy (SMA) in Khorfakkan, 62 of whom received a scholarship, and the rest received a 30 percent discount on fees. His Highness also directed continuing to accept students’ applications, especially those who …
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ABU DHABI / WAM Department of Energy – Abu Dhabi (DoE) has launched a project to enhance the safety of centralised liquid petroleum gas (LPG) systems in commercial and residential buildings within the emirate, in an initiative that is being carried out in collaboration with all relevant governmental entities. The DoE is committed to boosting community safety, and safeguarding assets, …
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