Business & Money | Monday 30 October, 2023 11:08 am

Borouge reports 22% Q3 2023 net profit increase

Borouge Plc has reported a net profit of $282 million (AED1.04 billion) for the quarter ended 30th September, marking a 22% increase over the previous quarter. Strong production performance, targeted cost management and revenue optimisation from its ambitious Value Enhancement Programme helped ...

More Details

Environment & Energy | Monday 30 October, 2023 11:06 am

FANR reviews Barakah Nuclear Power Plant progress; signs agreement with French research institution

The Board of Management of the UAE’s Federal Authority for Nuclear Regulation (FANR) has recently convened, during which FANR’s Director-General Christer Viktorsson briefed members of the Board on its recent regulatory activities including the oversight and inspection of the Barakah Nuclear...

More Details

Environment & Energy | Monday 30 October, 2023 11:03 am

COP28 President says world must unite on climate action

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President, addressed a record number of ministers and delegations from around the world at the opening session of Pre-COP, declaring that the international community needs to unite on climate action and that “we ...

More Details

Business & Money | Monday 30 October, 2023 11:00 am

ACWA Power starts Sudair Solar PV phase 2 commercial operation

ACWA Power Co. received on Oct. 29 the commercial operation certificate from the Saudi Power Procurement Co. (SPPC) for the phase 2 of Sudair Solar Photovoltaic (PV) project.   In a statement to Tadawul, ACWA Power pointed out that phase 2 includes a 25% addition to phase 1,...

More Details

Business & Money | Monday 30 October, 2023 10:45 am

Knowledge City inks deal with GIB Capital to develop Islamic World Avenue phase 1

Knowledge Economic City Co. (KEC) signed, on Oct. 29, a framework agreement on behalf of the company and its subsidiary Al Geraa International Real Estate Development with GIB Capital, to establish a real estate investment fund, with an aim to develop the first phase...

More Details

Environment & Energy | Monday 30 October, 2023 10:39 am

Alwaleed Philanthropies joins forces with the World Scout Movement to promote forest conservation and environmental sustainability

As part of the World Scouting annual JOTA-JOTI (Jamboree-on-the-Air-Jamboree-on-the-Internet), the world’s largest online Scout event which connects Scouts from over 170 countries over 3 days from 20-22 October, Alwaleed Philanthropies, chaired by HRH Prince Alwaleed Bin Talal Al Saud,...

More Details

Technology & IT | Monday 30 October, 2023 10:37 am

Yahsat Becomes the First UAE Space Technology Company to Join the United Nations’ Global Initiative to Promote Corporate Sustainability

Al Yah Satellite Communications Company PJSC (ADX: YAHSAT), the UAE’s flagship satellite solutions provider, today announced that it has joined the world’s largest corporate sustainability initiative, the United Nations Global Compact (UNGC). As an official member, Yahsat will integrate the ten ...

More Details

Healthcare | Monday 30 October, 2023 10:36 am

King Faisal Specialist Hospital & Research Centre Achieves Medical Milestone with World's First Fully Robotic Living Donor Liver Transplant

In a historic achievement, the Organ Transplant Center of Excellence (OTCoE) team at King Faisal Specialist Hospital & Research Centre (KFSH&RC) has successfully performed the world's first fully robotic living donor liver transplant in the Kingdom of Saudi Arabia—a move that solidifies...

More Details

Business & Money | Monday 30 October, 2023 10:33 am

ROYAL COMMISSION FOR ALULA REVEALS WINNING DESIGN FOR ALULA'S NEW AIRPORT TERMINAL

The Royal Commission for AlUla (RCU) has officially announced the winning design of the AlUla International Airport Terminal during the seventh annual Future Investment Initiative in Riyadh, chosen from a competitive global bid. Serving as an extraordinary gateway to AlUla, an iconic archaeological ...

More Details

Beauty & Style | Monday 30 October, 2023 10:23 am

REDTAG fall/winter collection 2023 is ‘functional fashion’ redefined

REDTAG, the Middle East’s leading fashion and homeware brand, known for its unwavering commitment to providing utmost quality, value-based pricing, and voguish styles, has launched the fall/winter collection 2023 — an ensemble that exemplifies ‘functional fashion’ by honouring the...

More Details