Business & Money | Monday 30 October, 2023 11:16 am

Hamriyah Freezone Authority, Amazon UAE sign Lease Agreement for new logistics centre

Hamriyah Freezone Authority (HFZA) and Amazon UAE have signed a lease agreement for a new logistics centre which will enhance delivery services for customers in the Northern Emirates. In line with HFZA's vision to bolster economic growth and innovation in the region, the agreement supports Amazon...

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Government | Monday 30 October, 2023 11:14 am

COP28 President calls for improved adaptation finance for vulnerable nations at Climate and Development Ministerial

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President, has called for greater efforts to tackle adaptation finance gaps and prioritise actions to make climate finance more accessible to vulnerable nations.His remarks came during the third Climate and...

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Environment & Energy | Monday 30 October, 2023 11:11 am

Fujairah Natural Resources Corporation: Dedicated efforts to drive sustainability

The Fujairah Natural Resources Corporation (FNCR) is among the leading contributors to the sustainable development drive in the Emirate of Fujairah, making exceptional efforts to boost sustainability through various initiatives and programmes launched in the lead-up to the UAE’s hosting of the...

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Business & Money | Monday 30 October, 2023 11:08 am

Borouge reports 22% Q3 2023 net profit increase

Borouge Plc has reported a net profit of $282 million (AED1.04 billion) for the quarter ended 30th September, marking a 22% increase over the previous quarter. Strong production performance, targeted cost management and revenue optimisation from its ambitious Value Enhancement Programme helped ...

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Environment & Energy | Monday 30 October, 2023 11:06 am

FANR reviews Barakah Nuclear Power Plant progress; signs agreement with French research institution

The Board of Management of the UAE’s Federal Authority for Nuclear Regulation (FANR) has recently convened, during which FANR’s Director-General Christer Viktorsson briefed members of the Board on its recent regulatory activities including the oversight and inspection of the Barakah Nuclear...

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Environment & Energy | Monday 30 October, 2023 11:03 am

COP28 President says world must unite on climate action

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President, addressed a record number of ministers and delegations from around the world at the opening session of Pre-COP, declaring that the international community needs to unite on climate action and that “we ...

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Business & Money | Monday 30 October, 2023 11:00 am

ACWA Power starts Sudair Solar PV phase 2 commercial operation

ACWA Power Co. received on Oct. 29 the commercial operation certificate from the Saudi Power Procurement Co. (SPPC) for the phase 2 of Sudair Solar Photovoltaic (PV) project.   In a statement to Tadawul, ACWA Power pointed out that phase 2 includes a 25% addition to phase 1,...

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Business & Money | Monday 30 October, 2023 10:45 am

Knowledge City inks deal with GIB Capital to develop Islamic World Avenue phase 1

Knowledge Economic City Co. (KEC) signed, on Oct. 29, a framework agreement on behalf of the company and its subsidiary Al Geraa International Real Estate Development with GIB Capital, to establish a real estate investment fund, with an aim to develop the first phase...

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Environment & Energy | Monday 30 October, 2023 10:39 am

Alwaleed Philanthropies joins forces with the World Scout Movement to promote forest conservation and environmental sustainability

As part of the World Scouting annual JOTA-JOTI (Jamboree-on-the-Air-Jamboree-on-the-Internet), the world’s largest online Scout event which connects Scouts from over 170 countries over 3 days from 20-22 October, Alwaleed Philanthropies, chaired by HRH Prince Alwaleed Bin Talal Al Saud,...

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Technology & IT | Monday 30 October, 2023 10:37 am

Yahsat Becomes the First UAE Space Technology Company to Join the United Nations’ Global Initiative to Promote Corporate Sustainability

Al Yah Satellite Communications Company PJSC (ADX: YAHSAT), the UAE’s flagship satellite solutions provider, today announced that it has joined the world’s largest corporate sustainability initiative, the United Nations Global Compact (UNGC). As an official member, Yahsat will integrate the ten ...

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