Technology & IT | Sunday 10 December, 2023 8:59 am

stc spearheads the Sustainability Innovation Hub as part of the GCC Telco Alliance

stc group, an engine of digital transformation, has recently unveiled the Sustainability Innovation Hub in collaboration with GCC Telco Alliance members, including e&, Zain, Beyon, Omantel, du, Ooredoo and other key regional and international partners. This project focuses on tackling climate...

More Details

Business & Money | Sunday 10 December, 2023 8:57 am

Al Rajhi Holding notifies plans to transfer share ownership in ACWA Power

ACWA Power received on Dec. 7 a letter from Al Rajhi Holding Group, one of the company’s major shareholders, stating that it intends to reorganize the internal structure.   ACWA Power’s shares owned by Al Rajhi Holding Group will be transferred to investment portfolios of...

More Details

Business & Money | Sunday 10 December, 2023 6:31 am

Dubai Taxi appointed BHM Capital as a Liquidity Provider in Dubai Financial Market

BHM Capital Financial Services PJSC, a leading financial institution in the UAE financial markets, has been appointed as a Liquidity Provider for Dubai Taxi Company PJSC, listed in the Dubai Financial Market (DFM). According to the agreement, BHM Capital will provide liquidity for Dubai...

More Details

Business & Money | Saturday 9 December, 2023 10:55 am

Dubai Centre for Family Businesses partners with Family Enterprise Foundation to offer access to world-class educational resources

The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, has entered into a new collaboration with the Family Enterprise Foundation to provide curated learning experiences for the family business ecosystem. The partnership enriches the centre’s resources and...

More Details

Government | Saturday 9 December, 2023 10:53 am

UAE General Civil Aviation Authority signs cooperation agreements with Brazil, Switzerland

The General Civil Aviation Authority (GCAA) signed two memorandums of understanding (MoUs) to strengthen and reinforce cooperation in the field of air transportation with Brazil and Switzerland, on the sidelines of the UAE delegation's participation in the fifteenth ICAO Air Services Negotiation...

More Details

Tourism & Hospitality | Saturday 9 December, 2023 10:50 am

Dubai Global Framework a strong push to reduce carbon emissions in international aviation sector

The General Civil Aviation Authority (GCAA) confirmed that the "Dubai Global Framework" for sustainable aviation fuel, recently announced by the International Civil Aviation Organisation (ICAO), represents a strong push for international efforts aimed at reducing carbon emissions in the...

More Details

Environment & Energy | Saturday 9 December, 2023 10:48 am

African civil society unveils 5 recommendations for fight against climate change in the continent

At the 28th Conference of the Parties (COP28), an African civil society coalition has unveiled its five absolute priorities to fight climate change: adaptation, loss and damage, food systems; land use; and the protection and restoration of forests. The priorities were announced by Secou Sarr,...

More Details

Environment & Energy | Saturday 9 December, 2023 10:37 am

OPEC+ to take action if necessary: Russia's Novak

Russian Deputy Prime Minister Alexander Novak said on Friday that OPEC+ will be ready to take a decision if market situation would require it, Reuters reported.   "We will analyze the situation on the oil market and, if necessary, make appropriate decisions," he...

More Details

Government | Saturday 9 December, 2023 10:36 am

Insurance benefits expenses reach SAR 10.7B in November: GOSI

The General Organization for Social Insurance (GOSI) stated that total expenses of insurance benefits stood at SAR 10.7 billion in November.   GOSI indicated that compensation under the unemployment insurance scheme (SANED) exceeded SAR 87.2 million, while the total pensions...

More Details

Government | Saturday 9 December, 2023 10:26 am

Saudi Arabia prioritizes new, start-up sectors; eyes digital economy: Al-Kassabi

Saudi Arabia eyes economic diversification and prioritizes new and start-up sectors, as its non-oil exports grew 77% from 2016 to 2022, said Majid Al-Kassabi, Minister of Commerce and Chairman of National Competitiveness Center.   During his participation at a ministerial...

More Details