Environment & Energy | Saturday 8 July, 2023 1:07 am

Oil sector investments ‘not enough’, more is needed: OPEC Secretary General

Investments in the global oil sector are no longer sufficient, said Haitham Al Ghais, OPEC Secretary General, stressing the need for more investments to fulfill future demand. The global oil sector needs investments of $12 trillion until 2045, as they declined from $500 to $200 billion...

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Business & Money | Saturday 8 July, 2023 12:44 am

Electrical Industries' subsidiary inks SAR 153 mln supply contract with Saudi Aramco

Electrical Industries Co.'s subsidiary Saudi Power Transformers Co. signed a contract with Saudi Aramco for the supply of transformers to the latter, according to a statement to Tadawul.   The SAR 153 million deal has a supply term of 20 months, said the...

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Environment & Energy | Saturday 8 July, 2023 12:06 am

RSG says solar stations in Red Sea Project first phase ‘complete

Red Sea Global announced the installation of more than 750,000 solar panels in five solar stations dedicated to the operation of the first phase of the Red Sea Project, which features 16 hotels, retail, and entertainment venues, in addition to other infrastructure facilities, SPA reported, citing a ...

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Tourism & Hospitality | Friday 7 July, 2023 1:55 am

Adding Over 14,800 Flights and Increasing Seat Capacity by 16% to 4.2 Million during July and August

Saudi Arabian Airlines (SAUDIA) continues to implement its operational plan for Summer 2023 by providing over 7.4 million seats for domestic and international routes during July and August, a 10% increase compared to the same period in 2022. The airline will operate more than 32,400 flights,...

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Business & Money | Friday 7 July, 2023 1:54 am

Farnek awarded FM contracts worth AED 356 million in H1 2023

Leading UAE-based smart and green facilities management (FM) company Farnek has secured a host of new and retained contracts, valued at more than AED 356 million during the first six months of 2023.    In total Farnek has been awarded 69 contracts, an average of eleven every...

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Business & Money | Friday 7 July, 2023 1:51 am

Forbes Middle East Unveils The Top 50 Women Behind Middle Eastern Brands For 2023

Forbes Middle East has revealed its highly-anticipated fifth edition of the 50 Women Behind Middle Eastern Brands list for 2023. This ranking unveils a captivating cohort of visionary women who are redefining the landscape for fashion, beauty, jewelry, accessories, footwear, and perfume. With...

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Business & Money | Friday 7 July, 2023 1:46 am

Azizi Developments accelerates digital transformation journey

Azizi Developments, a leading private developer in the UAE, is advancing rapidly in its digital transformation journey through the implementation of several new IT solutions, effectively enhancing its operational efficiency and raising the level of convenience, transpareny and overall service...

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Business & Money | Friday 7 July, 2023 1:41 am

Forbes Middle East Reveals The Top 20 Women Behind Middle Eastern Tech Brands For 2023

As MENA continues to evolve as a hub for visionary female founders igniting a technological revolution, Forbes Middle East has released its annual ranking of the most successful 20 Women Behind Middle Eastern Tech Brands for 2023. These remarkable entrepreneurs have not only established robust...

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Environment & Energy | Friday 7 July, 2023 1:28 am

Developing countries are the most important in efforts to tackle climate change, Crescent Petroleum CEO tells OPEC Seminar

The world is at a critical crossroads in the effort to cut carbon emissions and slow climate change, but current global climate policies are hindering the energy transition, Majid Jafar, CEO of Crescent Petroleum, the region’s oldest and largest private oil and gas company, told ministers and...

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Healthcare | Friday 7 July, 2023 1:08 am

Cleveland Clinic Abu Dhabi expands clinical trial efforts to address community health issues and enhance medical care in the UAE

Cleveland Clinic Abu Dhabi, an M42 company, is setting the benchmark for research by leading groundbreaking observational and interventional studies focused on diagnosis, prevention and therapeutics. Cleveland Clinic Abu Dhabi’s research department, comprising a specialized multidisciplinary...

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