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DUBAI / WAM His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of the Board of Directors of the Federal Tax Authority (FTA), chaired the second meeting of the FTA Board of Directors for the year 2023. During the meeting, the board approved the authority’s financial …

FUJAIRAH / WAM His Highness Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, met with Gurudev Sri Sri Ravi Shankar, the Indian spiritual leader, and Founder of the Art of Living, an international, non-profit, educational and humanitarian organisation. Discussions were held throughout the meeting on a variety of subjects including the promotion of noble human values, …

DUBAI / WAM The Ministry of Health and Prevention (MoHAP) has taken a step forward in its mission to enhance the capabilities of its workforce by partnering with Coursera, one of the world’s top online learning platforms. Under the agreement, MoHAP’s employees will have access to specialised educational courses and workshops as part of an integrated educational and training plan …

BLOOMBERG Amazon.com Inc reported quarterly profit that topped estimates as cost cuts and surprisingly strong sales in the cloud-computing division helped the e-commerce giant weather an uncertain economy. The shares were little changed in extended trading, giving back earlier gains of as much as 12%. First-quarter revenue increased 9.4% to $127.4 billion, the company said in a statement, above expectations …

BLOOMBERG Southwest Airlines Co is ready to move on from the technology meltdown that upended operations back in December. That doesn’t mean its reputation has recovered. “There is definitely work to do to get confidence in Southwest back to where it was pre-pandemic,” Chief Executive Officer Bob Jordan said in an interview after the carrier reported first-quarter results. “We’re focussed …

BLOOMBERG American Airlines Group Inc said its second-quarter profit may exceed Wall Street projections as international demand builds headed into the peak summer season. Adjusted profit will be $1.20 to $1.40 a share in the quarter, American said in a statement, compared with an expected $1.13 a share on average from analyst estimates compiled by Bloomberg. The company reiterated its …

BLOOMBERG Wizz Air Holdings Plc said expansion into India will become possible with its new long-range Airbus SE A321 models, potentially opening up a lucrative vein of future growth as demand for air travel surges in the world’s most populous nation. “There’s great potential in India, as the country has seen an immense development,” Wizz Chief Executive Officer Jozsef Varadi …

BLOOMBERG Philippine President Ferdinand Marcos Jr said he is “determined to forge an even stronger relationship” with the US ahead of a meeting with President Joe Biden in Washington. “We will reaffirm our commitment to fostering our long-standing alliance as an instrument of peace and as a catalyst of development in the Asia-Pacific region and the rest of the world,” …

BLOOMBERG US President Joe Biden and Indian Prime Minister Narendra Modi will visit Papua New Guinea in May to attend a meeting of Pacific leaders, the island nation’s premier said on his government’s official Facebook page. Biden will meet with Papua New Guinea PM James Marape, as well as 18 Pacific Island leaders, who will be in capital Port Moresby …

BLOOMBERG The influential sister of North Korean leader Kim Jong-un slammed US President Joe Biden for making nuclear threats, saying it marked the “dotage of the old” and would be met by a boost in her country’s atomic arsenal. Kim Yo-jong’s comments, released on state media, marks the first official reaction from North Korea to a meeting in Washington between …