August, 2023

• 8 August

  Chairman of Hong Kong Airlines resigns amid management shakeup

  

  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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• 8 August

  British Airways staff win 13% pay rise

  

  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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• 8 August

  Europe’s business travel rebound slips away from airlines’ grip

  

  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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• 8 August

  Modi may address India violence in no confidence vote

  

    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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• 8 August

  DXB LIVE marks 20% business growth in H1 2023

  

  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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• 8 August

  Borouge and Borealis unveil new sustainable automotive products

  

  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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• 8 August

  UAE aims to secure a seat on space flights every 3 or 5 years: MBRSC chief

  

  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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• 8 August

  Fujairah Ruler issues Resolution for Executive Director of Fujairah Culture and Media Authority

  

  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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• 8 August

  Sharjah Ruler directs keeping registration’s door open at SMA

  

  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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• 8 August

  DoE launches building safety inspections for LPG systems

  

  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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