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LICNENCE MUST
Abu Dhabi issues decree to improve air quality, cut noise
Abu Dhabi has issued a decree which aims to preserve the environment, improve ambient air quality, reduce air pollutants emitted from stationary and mobile sources, and keep noise levels within permissible limits in the emirate.
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1200 RESIDENCES, LUXURY HOTELS
NEOM unveils mega Saudi cosmopolitan luxury project
NEOM, the developer of Saudi futuristic city, has unveiled plans for Jaumur. the largest cosmopolitan luxury community set on the Gulf of Aqaba coast featuring 500 marina apartments and 700 luxury villas, boasting waterfront access and private mooring.
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ORDERS WORTH NEARLY $1.2bn
L&T unit secures multiple power project contracts in GCC
India's top engineering and construction conglomerate Larsen & Toubro (L&T) has announced that one of its key units has secured multiple orders - in the range of Rs50 billion to Rs100 billion ($599 million to $1.2 billion) - from its prime GCC market.
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OPINION
Unlocking Mideast renewable potential - role of energy storage
Renewable energy sources will likely form a major proportion of energy generation in future as the region races to achieve a net-zero goal. Grid-scale energy storage will be key in facilitating these sources in digitalised smart grids, said an expert.
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ANALYSIS
ESG sukuk to top $50bn amid new regulatory frameworks
The ESG (environmental, social, and governance) sukuk will cross $50 billion mark globally in the next two years as issuers aim to meet their funding diversification goals and ESG mandates, alongside new regulatory frameworks, according to Fitch Ratings.
Top Trade News
 | Industry Sectors |
RAK Properties Q1 pre-tax profit at $12.4m, revenue up 12pc
RAK Properties, Ras Al Khaimah’s pioneering publicly listed property developer, has seen a 12% increase in revenue to AED289.81 million ($78.9 million) in Q1 2024 and a pre-tax profit of AED45.54 million ($12.4 million) for the quarter.
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Notable shift in Saudi consumer behaviour: NielsenIQ
Some 98% of Saudi consumers have changed how they shop for FMCG, with 24% preferring to buy whatever brand is on promotion, according to NielsenIQ, a world-leading consumer intelligence company.
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CGG, Baker Hughes in deal to offer carbon capture solutions
CGG, a global technology leader and HPC leader based in Paris, has signed an agreement with Baker Hughes, one of the world's largest oil field services companies, to facilitate the joint offering of carbon capture and storage solutions (CCS) worldwide.
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RAK Properties Q1 pre-tax profit at $12.4m, revenue up 12pc
RAK Properties, Ras Al Khaimah’s pioneering publicly listed property developer, has seen a 12% increase in revenue to AED289.81 million ($78.9 million) in Q1 2024 and a pre-tax profit of AED45.54 million ($12.4 million) for the quarter.
More…
Unlocking Mideast renewable potential - role of energy storage
Renewable energy sources will likely form a major proportion of energy generation in future as the region races to achieve a net-zero goal. Grid-scale energy storage will be key in facilitating these sources in digitalised smart grids, said an expert.
More…
Global diamond industry to descend on UAE next week
The global diamond industry, civil society and world governments will gather in Dubai next week for the Kimberley Process mid-year intersessional meeting.
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Saudia on a revolutionary cross partnership journey
Saudia, in an unprecedented move, has unveiled its pioneering cross partnership promotional film, marking a significant milestone in the airline's marketing endeavours.
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Yango to showcase latest technologies at Seamless
Yango, a global tech company, is set to showcase its latest solutions for business process optimisation at Seamless 2024 in Dubai.
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Defender takes luxury adventure to new heights
Defender is taking luxurious adventure to a new level with a suite of enhancements across the brand line-up, while the new 110 Sedona Edition and simplified spec levels make it easier than ever to pick the perfect vehicle.
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Al Habtoor unveils new fleet of JAC commercial vehicles in UAE
Al Habtoor Motors, the sole distributor of JAC Motors in the UAE, has unveiled a new fleet of JAC commercial vehicles, setting new benchmarks for reliability, versatility and innovation in the commercial vehicle segment.
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Burjeel to show complex care capabilities at Healthcare Week
Burjeel Holdings, a leading super-specialty healthcare services provider in Mena, is set to feature its innovative solutions and complex care capabilities at the upcoming Abu Dhabi Global Healthcare Week.
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Saudia on a revolutionary cross partnership journey
Saudia, in an unprecedented move, has unveiled its pioneering cross partnership promotional film, marking a significant milestone in the airline's marketing endeavours.
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Bahrain Airport Services honours 122 of its employees
Bahrain Airport Services (BAS) honoured 122 of its employees who had put in 10 to 40 years of service - at a key ceremony held in Manama - a testament to the lasting relationships fostered in BAS and its commitment to recognise the staff's contributions.
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Abu Dhabi issues decree to improve air quality, cut noise
Abu Dhabi has issued a decree which aims to preserve the environment, improve ambient air quality, reduce air pollutants emitted from stationary and mobile sources, and keep noise levels within permissible limits in the emirate.
More…
