INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

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.”