GPSSA announces amendments to ‘Shourak’ programme

ABU DHABI / WAM As part of the “End it right” campaign launched by the General Pension and Social Security Authority (GPSSA), insured individuals have been offered more flexible features when switching jobs, as per recently amended conditions in the Shourak programme. Shourak’s main aim is to improve the quality of life of insured individuals while achieving financial stability for ...

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Al Seer Marine, L3Harris renew strategic partnership

ABU DHABI / WAM Al Seer Marine and L3 Harris Technologies have reaffirmed their teaming agreement at the Abu Dhabi International Petroleum Exhibition Conference, marking yet another significant milestone in the ongoing evolution of their strategic partnership. This continued collaboration serves to fortify their strong relationship, underscored by the successful execution of numerous projects over the past six years. The ...

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UAE leaders congratulate President of Zambia on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Hakainde Hichilema of Zambia on the occasion of his country’s Independence Day, which is celebrated on October 24. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and ...

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Tourism global market value to pass $1trn over next 4 years

DUBAI / WAM Attendees from around the world will explore opportunities spanning the full spectrum of travel and tourism at the 31st edition of Arabian Travel Market (ATM), which will take place at Dubai World Trade Centre (DWTC) from  May 6-9, 2024. Revenue in the global travel and tourism market is projected to reach $854.7 billion this year, according to ...

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Ajman’s ACCI, Thai delegation discuss ways of cooperation

AJMAN / WAM The Ajman Chamber of Commerce and Industry (ACCI) has received a delegation from the VitalLife Scientific Wellness Centre in the Kingdom of Thailand to discuss ways of cooperation, exchange of experiences, and investment opportunities in wellness, healthcare, and medical tourism. The Thai delegation, which was headed by Dr Wanviput Sanphasitvong, was received by Salem Al Suwaidi, Director-General ...

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Mohammed bin Rashid meets with King of Bahrain in Abu Dhabi

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today met with His Majesty King Hamad bin Isa Al Khalifa of Bahrain at his residence in Abu Dhabi. His Highness welcomed His Majesty King Hamad bin Isa Al Khalifa to the UAE and underscored the ...

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Used jets rents surge 44% as airlines pay up to buoy fleets

BLOOMBERG Two out-of-production Airbus SE and Boeing Co jet series have become hot commodities, with plane values and monthly lease rates soaring for airlines fortunate enough to procure the aircraft. Used Boeing 737NG and Airbus A320ceo single-aisle models are now valued at about $20 million or more, according to analysts at Ishka, which specialies in aircraft pricing and valuation. The ...

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Canada Goose shares plunge to all-time low

BLOOMBERG Canada Goose Holdings Inc shares plummeted to a record low again in a row as economic and consumer pressures prompted a pair of analyst downgrades. The parka retailer’s stock fell 4.4% to close at $12.16, recovering some of its losses after sinking as much as 9.8% intraday following downgrades from Wells Fargo & Company and TD Cowen. The analysts ...

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