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maltatoday, Wednesday, 2 september 2015 17 Events Emirates inks deal with MCI Group to become its official airline partner EmiratEs, the world's largest international airline, and mCi announced a global alliance which will see Emirates becom- ing the official airline of its large and international events. mCi in turn will be the preferred Profes- sional Congress Organiser (PCO) for Emirates. the strategic partnership will help Emirates build a strong miCE (meetings, incentives, Conferences and Exhibition) commercial brand in the meet- ings industry and better cater to its diverse and frequent business travellers. thierry antinori, Ex- ecutive Vice President & Chief Commercial Officer formal- ised the agreement with mCi's Founder & Chairman, roger tondeur at the Emirates Group Headquarters. "the miCE segment is rapidly growing and we are always look- ing to connect our customers to what matters to them. at Emir- ates, we are well positioned to ca- ter to the needs of business trav- ellers worldwide with the latest facilities we offer on our modern wide-body jets and excellent on board service from our inter- national cabin crew who speak over 60 languages. Our partner- ship with mCi will allow us to work even more effectively on the complex requirements of the meetings industry making cor- porate travel more convenient and affordable for our custom- ers," said thierry antinori. the partnership will see Emir- ates connecting delegates from across the globe to key business hubs such as australia, asia, Eu- rope and the americas. With a global reach spanning over 140 cities on six continents, Emir- ates will provide delegates from across the globe with one-stop connectivity between conti- nents. "mCi is proud to be the pre- ferred PCO for Emirates, one of the world's leading airlines. the partnership between mCi and Emirates, global leaders in our respective industries will only result in greater convenience for our shared customers. We are responsible for over 4,500 events annually and having Emirates as our official airline partner will streamline travel arrangements for delegates to and from their meetings," explained roger ton- deur. the partnership agreement between Emirates and mCi will last for two years. Emirates operates a daily sched- uled f light between Dubai and malta via Larnaca, Cyprus. For further information and f light schedules, one can visit the site: www.emirates.com/mt (left) Roger Tondeur, MCI's Founder & Chairman and Thierry Antinori, Emirates' Executive Vice President & Chief Commercial Officer signing the official agreement MSV Life and Mapfre Middlesea support Phoenix SC Beachvolley Academy in line with their respective Csr programmes to promote healthy living habits, msV Life and map- fre middlesea have embarked on a joint initiative to support Phoenix sC in setting up a youth beach vol- ley academy, which provides the skills necessary for young athletes to play this Olympic sport. Commenting on the setting up of the Beachvolley nursery, Phoe- nix sports Club President Orlando Bonnici stated that this develop- ment follows on the success of Phoenix's work with its indoor vol- leyball nursery, which this season was crowned national volleyball champion in the under-14 and un- der-16 categories. "Phoenix philosophy places a strong emphasis on the develop- ment of young athletes in all the sports disciplines in which we participate. in this case we recog- nised that a growing number of our young indoor volleyball play- ers were developing an interest in beach volleyball, which is a grow- ing sport all over the world. "Our professional volleyball coaching staff has developed a pro- gramme aimed at developing the skills needed for this sport. and thanks to our sponsors, mapfre middlesea and msV Life, we are now in a position to cater for this activity as well", said Bonnici. David Curmi, CEO of msV Life, commented, "Beach Volley has de- veloped into a high-profile, glamor- ous sport and enjoys great visibility on beaches around the world, in- cluding malta. msV Life is proud of its role in helping encourage youths to undertake physical activ- ity and to practice this sport." For more information about Phoenix Volleyball and Phoenix sports Club visit www.psc.com. mt. GlobalCapital p.l.c. sustains profit trend throughout first half of 2015 a positive trend that started for Glo- balCapital plc in the second half of 2014 has been sustained through- out the first six months of 2015 as the Group's operations remained in positive territory for two con- secutive reporting periods covering twelve months. in a company announcement published on the malta stock Ex- change, GlobalCapital p.l.c. released the Group's financial statement for the first six months of 2015 and announced a profit before taxation of €1,176,197 compared to a loss of €966,897 for the same period in 2014. the Group had recently an- nounced a profit after taxation of €222,671 for the financial year end- ing in 2014, marking the Group's return to profit territory for the first time in the last seven years. the Group's profit for the first half of 2015 represents earnings per share of 3c7 compared to a loss per share of 7c8 for the January – June 2014 period. in their interim report published as part of the financial statements, the Directors are not recommending the payment of an interim dividend. the Group's encouraging financial turnaround comes as a result of an aggressive transformation strategy approved by the Board of Directors and implemented by the manage- ment team, led by Chief Executive Officer reuben Zammit, that kicked off in the second six months of 2014. as already explained in ear- lier statements and Company an- nouncements on the malta stock Exchange, the positive effects of the restructuring process are manifest- ed in full in the Group's 2015 finan- cial performance, across all levels and operations of the Group. Commenting on this continuing positive trend for the Group, Chief Executive Officer mr reuben Zam- mit said "GlobalCapital has started to bear the fruit of hard work and tough decisions carried out in the second half of 2014. the strategic decisions approved by the Board and implemented by the new man- agement team are proving to be the right path for the Group's financial wellbeing. the key objectives set out in June 2014 have been implemented with a large degree of success. more work remains to be carried out in the near future to ensure that the Group's financial sustainability is placed on long-term solid founda- tions." Directors' interim report after giving due consideration to the Group's business activities, to- gether with factors which are likely to affect the Group's future devel- opment including the impact of the external financing options available, and based on information currently available, the Directors consider that the Group has the plans and re- sources to manage its business risks successfully. in this context, the Directors have declared a reasonable expectation that the Company and the Group will have adequate resources to con- tinue their operations for the fore- seeable future. For this reason, they continued to adopt the going con- cern basis in preparing the financial statements. Your first click of the daY www.maltatoday.com.mt