Search Site

Boeing to cut 10% of workforce

The company has projected a large third-quarter loss.

AviLease acquires 9 aircraft from Avolon

AviLease had purchased 13 aircraft from Avolon in 2023.

ADNOC L&S to pay $136.5m dividend

This is equivalent to 6.78 fils per share, the company said.

‘TAQA’ prices $1.75bn dual tranche

The 12-year senior unsecured notes are sized $850m.

Samsung says planning job cuts

The layoffs could affect about 10 percent of the workforce.

UAE, Germany to cooperate in ecotourism, environment conservation

The German delegation visited Marawah Marine Biosphere Reserve. (WAM)
  • AE’s Ministry of Climate Change and Environment (MOCCAE), represented by its Biodiversity Department, shared insights on ecotourism prospects with a German delegation.
  • The ministry explored collaboration to control marine pollution and promote sustainable aquatic environment.

UAE and Germany have reviewed cooperation on biosphere reserves, ecotourism, and environmental conservation.

A delegation from the German Development Cooperation Agency (GIZ) and German conservation NGO Succow Foundation discussed it while meeting members of the UAE’s Ministry of Climate Change and Environment (MOCCAE).

MOCCAE, represented by its Biodiversity Department, shared insights on ecotourism prospects in UNESCO Man and Biosphere (MAB) marine sites.

It explored collaboration to control marine pollution and promote a sustainable aquatic environment.

The visit featured a tour of Marawah Marine Biosphere Reserve, the region’s first and largest UNESCO-designated marine reserve with abundant wildlife.

The biosphere reserve is home to more than 60 percent of the UAE’s population of dugongs and boasts vast stretches of mangroves.