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BLOOMBERG IAG SA raised its full-year earnings outlook after reporting a surprise profit in the typically weak first quarter, highlighting how the airline industry has rapidly bounced back from the depths of the pandemic slump. The parent company of British Airways and Iberia now expects operating profit to exceed the upper end of its previous guidance, which called for a ...

BLOOMBERG Go Airlines India Ltd, which went under citing Pratt & Whitney engine failures, is optimistic about resuming flights within seven days if the bankruptcy court restrains lessors from taking back its aircraft. The airline, controlled by billionaire Nusli Wadia’s group, has enough funds to sustain operations on a cash-and-carry model for about 10 days, Chief Executive Officer Kaushik Khona ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) unveiled its first line-up of international keynote speakers, researchers and specialists participating in the specialist technical sessions and panel discussions to be held during the first Middle East and North Africa Solar Conference 2023, organised by Dewa from November 15-18. The conference is the first scientific and technical conference of its ...

SHARJAH / WAM Souq Al Jubail received one million and 700,000 visitors during the first quarter of 2023, an increase of 3 percent compared to the same period in 2022, confirming in numbers its distinguished position as one of the most vital and attractive markets in the country and the region, and an attractive tourist attraction for visitors from different ...

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, and Deputy Prime Minister and Minister of Finance of the UAE expressed their deepest condolences to the family of the Emirati firefighter Sergeant Omar Khalifa Salem Al ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) received Tornike Rizhvadze, Chairman of the government of the Autonomous Republic of Adjara, and his delegation to discuss enhancing economic relations between the two countries. The bilateral meeting aimed to foster cooperation in trade, industry, agriculture, and tourism and identify potential investment opportunities for investors and businessmen in both ...

DUBAI / WAM In line with its steadfast commitment to encourage research and initiatives aimed at supporting the gifted sector and school-based efforts that help nurture talented students worldwide, Hamdan bin Rashid Al Maktoum Foundation for Distinguished Academic Performance has launched the second cycle of its two prestigious international awards, “Applied Research Global Award of Gifted Education” and “School Global ...

  SHARJAH / GULF TIME The Organising Committee of the Sharjah Real Estate Exhibition – “Acres” has revealed the start of its preparations to launch the exhibition on May 25, which will be held under the generous patronage of His Highness Sheikh Sultan bin Muhammad bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and organised by Sharjah ...

ABU DHABI / WAM H.H. Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, reiterated that the decision to unify the UAE Armed Forces under one flag and one leadership is a bright turning point in the UAE’s history and a quantum leap founded by the late Sheikh Zayed bin Sultan Al Nahyan and ...

LONDON / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, met in London with British Foreign Secretary James Cleverly. During the meeting, Sheikh Mansour emphasised the keenness of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to enhance the distinguish historic relations between the UAE and the UK and ...