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.
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.
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.
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.
During the Bonn Climate Change Conference, Razan Al Mubarak, an influential environmentalist and leader in sustainability, delivered a powerful call to action, urging global leaders to take decisive steps in combating climate change.
Abu Dhabi Securities Exchange (ADX) and the Luxembourg Stock Exchange (LuxSE) have joined forces to strengthen their collaboration and create new opportunities for growth and sustainable economic development.
Razan Al Mubarak, the UN Climate Change High-Level Champion for the COP28 Presidency, has urged the private sector, local governments, and civil society to undertake more robust voluntary climate actions during the Bonn Climate Change Conference.
In its latest Economic Outlook report released on Wednesday, the Organisation for Economic Co-operation and Development (OECD) announced a modest upward revision in its growth forecast for the world economy.
In a recent development, the price of Kuwaiti oil has witnessed a decline, dropping by US$2.15 to reach US$76.03 per barrel on Tuesday. This news comes from the Kuwait Petroleum Corporation (KPC), which released the information on Wednesday. The decrease in oil prices highlights the volatility and ever-changing nature of the global oil market. According […]
In a move to uphold the integrity and transparency of the insurance industry and the UAE’s financial system, the Central Bank of the UAE (CBUAE) has announced the cancellation of registrations for Seagull Insurance Services Co. and Al Shorafa Insurance Services from the insurance broker register