June 9, 2023

DFM executes significant direct transactions involving 5 million shares of Gulf Navigation Holding, with a total value of AED 20 million.

Dubai Financial Market (DFM) made headlines today as it successfully conducted four significant Direct Deal Transactions (DDT) involving a total of 5 million shares of Gulf Navigation Holding PJSC.

June 9, 2023

Maktoum bin Mohammed examines Dubai International Arbitration Centre’s 2022 report findings.

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, recently reviewed the outcomes of Dubai International Arbitration Centre’s (DIAC) Annual Report for 2022.

June 9, 2023

The UAE is actively engaged in the Astana International Forum.

Minister Suhail bin Mohammed Faraj Faris Al Mazrouei, responsible for Energy and Industry in the United Arab Emirates (UAE), is leading the UAE’s delegation at the Astana International Forum.

June 9, 2023

Emirates Nature-WWF and ADNIC extend their partnership

Abu Dhabi National Insurance Company (ADNIC) has announced the renewal of its partnership with Emirates Nature-WWF for the third consecutive year.

June 9, 2023

NEOM secures $5.6bn for initial phase of workforce residential communities.

Developmental work is rapidly progressing at NEOM, Saudi Arabia’s futuristic city, as the giga-project finalizes contracts worth $5.6 billion to construct the first phase of residential communities for the workforce. In one of the largest public-private partnership deals for social infrastructure, the city has enlisted prominent Saudi developers to build 10 communities across the smart […]

June 9, 2023

According to PIF’s Al-Rumayyan, the merger of LIV Golf aims to elevate the sport’s popularity to the level of football.

The partnership aims to engage better with players, broadcasters, and sponsors while providing increased access for people to enjoy the game, according to Yasir Al-Rumayyan, governor of the Kingdom’s Public Investment Fund (PIF).

June 9, 2023

The UK’s low-carbon startup has attracted investments of $22.7 million from Aramco, Eni, and United Airlines.

The aviation industry’s pursuit of affordable low-carbon fuel received a significant boost with a $22.7 million investment in a UK startup specializing in clean energy technology.

June 9, 2023

Saudi Electricity Co. allocates $373m towards enhancing the power grid through investment in three projects.

Electricity networks across three Saudi governates are set to undergo significant improvements, with a total investment of SR1.4 billion ($373 million), aimed at reducing liquid fuel consumption and carbon emissions in the areas.

June 8, 2023

DMCC and the Beijing Daxing International Airport Economic Zone have signed an agreement to boost Dubai-China trade relations.

The Dubai Multi Commodities Centre (DMCC) has entered into an agreement with the Administrative Committee of Beijing Daxing International Airport Economic Zone (BDIAEZ) to foster closer trade relations between Dubai and China.

June 8, 2023

Borouge reaffirms its dedication to sustainability by enhancing its commitment to Operation Clean Sweep.

Borouge Plc (Borouge), a leading petrochemical company, has recently joined Operation Clean Sweep (OCS), a global initiative aimed at reducing pellet loss in the petrochemical industry and preventing its impact on the environment.

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