Business & Money | Sunday 3 December, 2023 2:22 pm

NEOM Investment Fund buys 6% of Italy’s Technogym for $120.8M

NEOM Investment Fund (NIF) announced acquiring a 6% stake in Italy-based leading manufacturer of wellness equipment and services Technogym, after injecting investments worth €111 million ($120.83 million), Reuters reported.   The fund purchased as many as 8.8 million shares at...

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Business & Money | Sunday 3 December, 2023 11:02 am

Chemanol says Energy Ministry approves allocation of required feedstock

Methanol Chemicals Co. (Chemanol) announced the issuance of the Ministry of Energy’s approval, on Nov. 30, to allocate the required feedstock for manufacturing specialty petrochemical products.  The products include methyl diethanolamine, choline chloride dimethyl disulfide...

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Environment & Energy | Sunday 3 December, 2023 11:00 am

COP28 Business & Philanthropy Climate Forum mobilizes $5 billion in funding to advance climate and nature action

The Business & Philanthropy Climate Forum, COP28’s private-sector engagement platform to convene global business leaders and philanthropists, concluded its first day yesterday, with the announcement of a range of transformative climate and nature initiatives, and commitments to mobilize $5...

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Environment & Energy | Sunday 3 December, 2023 10:55 am

NWTN and Partners Exhibit Technologies for Full Clean Energy Value Chain at COP28 in Dubai, UAE

NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world ("NWTN" or the “Company”), is currently exhibiting, with its partners, technologies for the entire clean energy value chain during COP28 UAE from...

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Business & Money | Sunday 3 December, 2023 10:47 am

Big 5 Global opens tomorrow in Dubai: Everything to expect on the opening day

The 44th edition of Big 5 Global, the largest and most influential construction event in the Middle East, Africa and South Asia, opens tomorrow on 4 December commencing a four-day run until 7 December at the Dubai World Trade Centre. The event unites the global construction industry under one roof...

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Business & Money | Sunday 3 December, 2023 10:47 am

Big 5 Global opens tomorrow in Dubai: Everything to expect on the opening day

The 44th edition of Big 5 Global, the largest and most influential construction event in the Middle East, Africa and South Asia, opens tomorrow on 4 December commencing a four-day run until 7 December at the Dubai World Trade Centre. The event unites the global construction industry under one roof...

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Technology & IT | Sunday 3 December, 2023 10:19 am

Honoring Life's Moments with HONOR 90 - Redefining Smartphone Photography

We are excited to introduce you to the HONOR 90, a revolutionary smartphone that redefines smartphone photography. With its cutting-edge camera technology and innovative features, the HONOR 90 presents a game-changing experience for photography enthusiasts and content creators...

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Environment & Energy | Saturday 2 December, 2023 7:20 am

Oil prices likely to hit $100/barrel in 2024, Goldman Sachs warns

Oil prices are expected to reach $100 a barrel in 2024 on supplies-related risks if the political turmoil escalates in the Middle East, Goldman Sachs strategists said in a note. The impact of supply disruptions could be limited, as the Middle East dominates a smaller percentage of global...

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Business & Money | Saturday 2 December, 2023 7:19 am

ACWA Power kicks off green hydrogen project in Uzbekistan

ACWA Power stated that it launched the first phase of green hydrogen project in Uzbekistan, with a production capacity of 3,000 tons per year.   In a statement, the company added that the project will be developed in two phases. The first phase, a 3,000 ton- green ammonia pilot...

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Government | Saturday 2 December, 2023 7:18 am

Nazaha investigates 341 suspects, arrests 146 in November

The Oversight and Anti-Corruption Authority (Nazaha) investigated several legal and administrative cases through 2,024 inspection tours in November.    The authority investigated 341 alleged suspects, while 146 others were arrested, some of whom were released on bail, on...

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