INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

GAL signs MoU with GMF

GAL is a UAE-based aircraft MRO company. (WAM)
  • The MoU also provides for cooperation in the field of capability development to attract domestic and international military markets.
  • GAL is a UAE company engaged in aircraft Maintenance, Repair and Overhaul.

Jakarta, Indonesia–GAL, a UAE company engaged in aircraft Maintenance, Repair and Overhaul (MRO), has signed a Memorandum of Understanding (MoU) with PT Garuda Maintenance Facility AeroAsia Tbk (GMF) aimed at exploring opportunities for joint cooperation in projects related to the provision of maintenance, repair, overhaul, modification, upgrade, and engineering services across airframes, components, and engines.

The MoU also provides for cooperation in the field of capability development to attract domestic and international military markets.

“We are pleased to enter into this MoU with GMF, a leading company in aircraft MRO, and we are confident that the combining of our resources and expertise will lead to innovative and valuable business relations that will reflect positively on the quality of services offered to our customers and partners.,” said Mahmood Al Hameli, CEO of GAL, said.

Andi Fahrurrozi, CEO of GMF, said, “We hope by cooperating with GAL, which is also a key player in UAE Defence Industry, GMF will be able to enhance  competitiveness level and expand our defense services to a larger market.”