The engine maker swung to profit of $3bn from a loss of $1.64bn in 2022.
- The company's revenue spiked to US$22.1bn.
Prince of Monaco, Albert II has called Expo 2020 Dubai a "great opportunity" to enhance the cooperation between his country...The UAE and Monaco are centers of global exchanges, the prince said on the sidelines of Monaco's National Day celebration at Expo.
Monaco’s pavilion at Expo 2020 is located in the Opportunities District and is inspired by the legendary Rock of Monaco.
Abu Dhabi Waste Management Centre (Tadweer) has signed an agreement with Etihad Airways to facilitate the development of the first...The plant can convert 4 million tons of municipal waste every year into 140 million gallons of fuel.
The plant will help Abu Dhabi to divert 75 percent of municipal waste away from landfills.
US company Air Lease Corporation (ALC) has signed a letter of intent to purchase 111 Airbus aircraft, the European plane-maker...The agreement is for 25 A220-300s, 55 A321neos, 20 A321XLRs, four A330neos and seven A350Fs.
Founded in 2010, ALC has ordered a total of 496 Airbus aircraft so far.
Emirates Development Bank (EDB) has signed a strategic agreement with Dubai Industries & Exports (Dubai IE) to provide innovative financing...The finance will help exporters expand their global value chains, said CEO of EDB.
EDB has also allocated AED30 billion as a direct and indirect financial bundle to finance SMEs, startups, and corporates.
For the first time in the company’s history, the three-year AED11 billion PBL contract will see GAL support the AFAD...For the first time in the company’s history, the three-year AED11 billion PBL contract will see GAL support the AFAD with their operational readiness
The agreement reinforces GAL’s position as one of the Middle East’s leading providers of aviation MRO services and will also streamline AFAD’s processes
The Saudi Ports Authority (MAWANI) has signed an agreement with Cruise Saudi and Globe Group to build a new cruise...New terminal expected to boost the kingdom's tourism sector along the coastlines.
The agreement with Cruise Saudi and Globe Group elevates Saudi Arabia’s position as a leader in the cruise industry, said President MAWANI.
The MoU comes as part of Tawazun’s endeavors to attract long-term partnerships with leading defense and security, aviation and aerospace...The MoU comes as part of Tawazun’s endeavors to attract long-term partnerships with leading defense and security, aviation and aerospace manufacturing companies
According to the MoU, Tawazun and Airbus will explore potential cooperation opportunities in the areas of refueling solutions for Military Air Systems, Unmanned Aerial Systems etc
Accenture will help L'Oréal Middle East improve its consumer experience.Accenture Interactive is expected to use its expertise in data-driven marketing transformation for L'Oréal Middle East
This, L'Oréal said, will help it develop a more precise and connected approach to increase consumer engagement in the GCC region
Fortnite’s Chinese test version was released in 2018, but it never got the permission to be formally launched and monetized.Epic had announced two weeks ago that it would shut down the Chinese version of the game on November 15
It noted back then that ‘Fortnite China's Beta test has reached an end,’ and that servers would be closed
- This was the first meeting of ADGM’s new Board of Directors.
The board members reiterated their commitment to progressing ADGM’s growth journey, and strengthening the financial sector
They said they were also looking to attract global companies and investments, and develop a business environment underpinned by innovation
