Friday 3 December 2021

Hensoldt ranked first in sustainability rating

Sensor solutions provider Hensoldt has been ranked number one in the aerospace and defence industry for sustainability in an initial rating by Sustainalytics for the risk of material financial impact from ESG factors.    The rating, research and data compan


ExxonMobil to double earnings, cash flow and cut emissions

ExxonMobil is positioning the company to double earnings and cash flow by 2027 versus 2019 while maintaining capital investments in the range of $20-$25 billion per year.   It will increase spending to $15 billion on greenhouse gas emission-reduction projects ov


Businesses embracing tech have ‘higher productivity and profits’

Technology implementation is key for business: companies that implement technology in their operations have higher productivity and generate more profits, says an International Finance Corporation (IFC) report.   IFC, a member of the World Bank Group, has publis


Bahrain's Alba eyes strong 2021 finish

Aluminium Bahrain (Alba), the world’s largest aluminium smelter ex-China, is on track to set new benchmarks by finishing 2021 strong following a record performance for the first nine months of the year, said Shaikh Daij Bin Salman Bin Daij Al Khalifa, the Chairman of Alba’s Board


Shippers find alternative means of getting their goods to market

Shippers have found alternative means of getting their goods to market as available container shipping services maxed out and service patterns changed to serve congested routes.   Global trade continued to grow in Quarter 3, 2021 but with deployed container ship


Slush 2021 brings entrepreneurs together

The world’s leading startup event, Slush 2021, is being organised at Helsinki bringing together the world’s leading founders, investors, executives, and media for a curated gathering of 8,800 attendees from 90 countries.   The event is taking place a


Emirates First helps set up 5,000 businesses in UAE at $136m

Emirates First Group, a Dubai-based business set-up advisory, has helped establish more than 5,000 businesses in the UAE within the last five years with more than AED5 billion ($1.36 billion) direct impact on the economy.    As the country celebrates its Go


Sadafco names new CEO

Saudia Dairy and Foodstuff Company (Sadafco) has announced that Patrick Stillhart has taken the helm as CEO of the company, this month.   With over 25 years of experience in the food FMCG industry with global conglomerates in Asia-Pacific, Africa, the Middle Eas


Schindler launches new building transit management solutions

Schindler Group, a global provider of elevators, escalators, and related services, has launched its latest building transit management solution, Schindler Port 4D, that optimises travel time in buildings while also making them more user-friendly, flexible and sustainable.  


Jahez to list on the Saudi Exchange’s Parallel Market Nomu

Jahez International Company for Information Systems Technology, Saudi Arabia’s leading online food delivery platform, has decided to proceed with an initial public offering (IPO) and list its ordinary shares on the Saudi Exchange’s Parallel Market (Nomu).  

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