Mansour bin Zayed receives President of Malta

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, on Monday received in Qasr Al Watan, Abu Dhabi, George Vella, President of the Republic of Malta and his accompanying delegation, in the presence of HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs. During ...

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Sheikh Abdullah, Qatari ministers exchange wishes on embassies’ work resumption

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs; and Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Qatari Prime Minister and Minister of Foreign Affairs, exchanged congratulations on resuming the work of both countries’ embassies on Monday. HH Sheikh Abdullah welcomed this vital step, which establishes a new stage of cooperation and partnership ...

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UAE, Canada set to strengthen defence industry collaboration

ABU DHABI / WAM Mona Ahmed Al Jaber, Chairwoman of the Emirates Defense Council (EDCC), said that the growing ties between the UAE and Canada allow for increased collaboration in the defence, aerospace, and security industries. Al Jaber made the remarks during a keynote speech she gave at the UAE-Canadian Defence Companies Meeting, held on Monday in Abu Dhabi. The ...

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Reem Al Hashimy visits Venezuela as part of Latin America, Caribbean trip

CARACAS / WAM Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation, visited the Bolivarian Republic of Venezuela as part of her Latin American and Caribbean tour. Al Hashimy met with Nicolás Maduro Moros, President of Venezuela, and a number of high-ranking officials, to discuss bilateral relations between the UAE and Venezuela and ways to enhance them. Al ...

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Zayed Charity Marathon to be held in Kerala, India

DUBAI / WAM The Higher Organising Committee of the Zayed Charity Marathon discussed the launch of a new phase in the Indian state of Kerala before the end of 2023. The discussion took place during a meeting of the committee, which was held yesterday in Dubai, headed by Lt Gen Mohammed Hilal Al Kaabi, with the participation of a high-level ...

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Ras Al Khaimah Economic Zone hosts seminar on UAE tax

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) has organised a seminar to familiarise members of its business community with the latest trends in the UAE’s federal corporate tax. During the event, the Rakez team highlighted the importance of understanding the implications of corporate tax for different businesses, and the necessity of registering companies, maintaining accurate accounting ...

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Power firm Leader Energy weighs $433mn Malaysia IPO, say sources

BLOOMBERG Leader Energy Holding Bhd is preparing for an initial public offering in Malaysia and is seeking to raise as much as       2 billion ringgit ($433 million), according to people with knowledge of the matter, in what would be the country’s biggest first-time share sale since 2017. The Kuala Lumpur-based power company plans to submit its draft prospectus to the ...

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AGL to spend $6.9 billion in shift to renewables from coal

BLOOMBERG AGL Energy Ltd said it would massively expand its production of clean energy as it abandons coal-fired power plants. The company will spend as much as A$10 billion ($6.9 billion) of its own money to build new facilities, including with debt-financing, Chief Financial Officer Gary Brown said. The Australian coal giant, which came under attack from billionaire climate activist ...

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Cathay Pacific to hire more cabin crew from China

BLOOMBERG  Cathay Pacific Airways Ltd will recruit more cabin crew from mainland China and widen the use of Mandarin language on flights, its chief executive officer said, less than a month after the carrier fired three flight attendants for disparaging passengers who didn’t speak English. “With the growing number of Putonghua-speaking customers, it has always been our intention to recruit ...

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Boeing prepares to accelerate output of its cash-cow 737 jets as tail glitch fades

BLOOMBERG  Boeing Co is preparing to accelerate production of its cash-cow 737 jets “soon,” the planemaker’s commercial chief said, as the company makes progress towards addressing a supplier defect that has slowed deliveries. The rate break to a 38-jet monthly pace will happen “sooner rather than later,” Stan Deal, who heads Boeing’s commercial airplane business, said in Paris ahead of ...

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