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
According to the Securities and Commodities Authority (SCA) in the UAE, companies that issue green bonds in 2023 will be granted an exemption from registration fees.
Jamjoom Pharmaceuticals Factory Company’s initial public offering (IPO) in Saudi Arabia has attracted significant interest from retail investors
Developmental work is progressing rapidly at NEOM, the futuristic city in Saudi Arabia, as the giga-project has recently concluded contracts valued at SR21 billion ($5.6 billion) to construct the initial phase of residential communities for its workforce.
Saudi Arabia’s logistics sector received a significant boost as Mawani, the country’s port authority, signed a strategic agreement with Saudi Post.
Air Arabia Abu Dhabi, the prominent low-cost airline in the UAE, has announced its ambitious plan to double its fleet capacity over the next 12 months, as reported by state-run news agency WAM.
Muscat, Oman – Dr. Nithin Raveendran Nair, the CEO of Axis Group of Companies, has emerged as a prominent figure in the engineering & event management industry. Under his visionary leadership, the company has achieved remarkable success and garnered widespread recognition for its engineering and event management services. With a team of dedicated professionals who […]
