June, 2023

• 1 June

  Sheikh Zayed Book Award organised by ALC opens submissions for 18th edition

  

  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, ...

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• 1 June

  AlNeyadi engages in live interaction with students from ISS

  

  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, ...

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• 1 June

  ‘Make it in the Emirates’ forum highlights industrial zones’ role

  

  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) ...

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• 1 June

  Lufthansa to embark on tough path to pull off ITA turnaround

  

  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 ...

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• 1 June

  Pilots offered extra $1,211 per month to stay at India’s Go Air

  

  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 ...

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• 1 June

  China’s C919 passenger jet makes first commercial flight

  

  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 ...

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• 1 June

  Rolls-Royce may cut thousands of jobs in turnaround plan

  

  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. ...

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• 1 June

  European stocks climb on debt deal and softer inflation data

  

  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 ...

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• 1 June

  Ghana nears deal with pension funds on $2.6bn debt revamp

  

  BLOOMBERG Ghana’s pension funds are close to agreeing to a deal to restructure $2.6 billion worth of government bonds they hold, according to an umbrella body for the industry. Under the plan, the pension funds will receive more interest payments, but over a longer period of time, according to Thomas Esso, executive secretary of the Chamber of Corporate Trustees. The ...

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• 1 June

  UAE President receives phone call from President of Democratic Republic of Congo

  

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received a phone call from Félix Tshisekedi, President of the Democratic Republic of the Congo. During the call, the two leaders discussed opportunities to enhance cooperation aimed at supporting the sustainable development and economic prosperity of both nations. The conversation between His Highness and President Tshisekedi also ...

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