INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

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.”