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ADOPTION OF NOVEL TECHNOLOGY
UN, Lloyd's to launch world's first industrial safety manifesto
UN Industrial Development Organization has joined Lloyd’s Register Foundation and Global Manufacturing and Industrialisation Summit to develop the first industrial safety manifesto that offers a blueprint for a safer world through adoption of technology.
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MAJOR HVDC SUB SEA LINK
Adnoc, Taqa close landmark $3.8bn clean energy deal
Abu Dhabi National Oil Company (Adnoc) has joined hands with Taqa for the financial closing of its $3.8 billion strategic project to decarbonise offshore production operations. It is a first-of-its-kind HVDC sub-sea transmission network in Mena region.
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SOLAR ENERGY TOP PERFORMER
Renewable energy jobs soar to 12.7m in 2021 despite Covid
Worldwide employment in renewable energy industry reached 12.7 million in 2021, a jump of 700,000 new jobs in one year, despite Covid and energy crisis. Of this, solar energy sector was found to be the fastest-growing with it providing 4.3 million jobs.
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INSIGHT
Fed remains focused on inflation, more rate hikes seen
Market players are still in the process of digesting the message from the Federal Reserve, which sent the US markets lower once again yesterday.
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ANALYSIS
Time for Mena waterpark heads to step up sustainability game
With water conservation ranked among the top sustainability best practices for leisure and attractions sector, it is high time the regional waterparks industry stepped up its game by setting benchmarks for best practices in sustainability, say experts.
Top Trade News
 | Industry Sectors |
Etihad Rail seals partnership deals with top transport firms
Etihad Rail has signed agreements with international transport majors - SNCF, Alstom, Progress Rail and Thales - at an industry event in Germany, covering areas such as rail operations and maintenance, service facilities, passenger stations and cargo.
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Circular economy shift driving digital transformation in packaging
Packaging providers are under considerable pressure to provide alternative and eco-friendly packaging solutions from manufacturers, retailers, and consumers themselves, thus driving the shift towards circular economy.
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Dana Gas interim cash dividend jumps 28.5pc for H1 2022
Dana Gas, the Middle East’s largest regional private sector natural gas company, has announced its shareholders will get a 28.5% hike in interim dividend totalling AED315 million ($86 million) or of 4.5 fils per share for H1 2022.
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Gulf central banks raise key rates after Fed hike
The central banks of Saudi Arabia, UAE, Kuwait, Qatar and Bahrain have decided to raise their interest rates, tracking a hike in the US Fed's benchmark rate.
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Fed remains focused on inflation, more rate hikes seen
Market players are still in the process of digesting the message from the Federal Reserve, which sent the US markets lower once again yesterday.
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AD Ports reaches key milestone in new terminal work
AD Ports Group has installed the first 90-tonne block for the quay wall of the new CMA Terminals Khalifa Port, marking the major development milestone with a special ceremony.
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Wizz Air to acquire 75 new Airbus A321neo aircraft
Wizz Air, a fast growing and most sustainable low-cost airline, has announced that it has given notice to Airbus to exercise its purchase rights in relation to 75 Airbus A321neo aircraft.
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Pure Storage helps customers cut energy use
Pure Storage, the IT pioneer that delivers the world’s most advanced data storage technology and services, has announced advancements in its sustainability efforts, helping customers dramatically reduce their energy use and environmental footprint.
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Messika unveils special Saudi edition to mark National Day
Messika, one of the world's most modern diamond jewellery houses, is launching a limited-edition of Maison’s iconic Lucky Move medium model necklace in Saudi Arabia - paying homage to the emblematic colours of the kingdom’s flag on its 92nd National Day.
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F1 STC Saudi Arabian Grand Prix to return in March 2023
The Saudi Motorsport Company (SMC) said that the Formula 1 STC Saudi Arabian Grand Prix will be returning to Jeddah, home of the world’s fastest street circuit, on the March 17-19, 2023.
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3D printed jaw, a life changer for Saudi cancer patient
The face and jaw surgery team at Buraidah's General Hospital (central Saudi Arabia) managed on Tuesday, (September 20) to end the suffering of an 18-year-old patient from a cancerous tumour in his lower jaw.
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Aswaaq seals digital advertising partnership deal with Yazle
Yazle, a global digital media company that specialises in innovative and creative digital advertising campaigns, has signed an agreement with leading UAE retail company Aswaaq to provide digital advertising at the group's outlets across Dubai.
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DP World’s recruitment and training attract over 50 new Emiratis
DP World has hired over 50 new Emirati staff in various business units so far this year who are set for an exciting journey, on a path laid down by their predecessors whose careers have been empowered by Emiratisation programmes.
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Riyadh date for Roman Reigns-Logan Paul fight
This year’s WWE Crown Jewel will see the Undisputed WWE Universal Champion, Roman Reigns take on Logan Paul in the headline match in Riyadh on November 5.
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