Latest News
Lebanese Program Empowers 1,300 Families with Economic Opportunities
Israeli Drones Reported Over Beirut’s Southern Suburbs
King Salman Relief Center, OCHA sign memo to support Fund in Yemen
King Salman Humanitarian Aid and Relief Center (KSRelif) signed with the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) on Thursday a financial support memorandum worth nine million dollars to support the Humanitarian Fund i…
DAY 279 OF GENOCIDE: ISRAEL CONTINUES TO BOMB AREAS IN GAZA
The Israeli occupation army’s aggression, by land, sea and air against the Gaza Strip, continues for the 279th day in a row, as the occupation artillery and aircraft bombed several sites in the Strip.
In the central Gaza Strip, an Israeli raid target…
Ministry of Economy reviews new Competition Regulation law
ABU DHABI: The Ministry of Economy has organised a media briefing to review the Federal Decree-Law No. 36 of 2023 on competition regulation, which aims to promote and protect competition in the country, combat monopolistic practices, counter harmful e…
Tripling renewables by 2030 requires a minimum of 16.4% annual growth rate: IRENA
ABU DHABI: The Renewable Energy Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that despite renewables becoming the fastest growing source of power, the world risks missing the tripling renewables target pled…
UK trade deficit narrows down to nearly USD 21 bln – data
Britain posted a sharp drop in its overall trade deficit in May by some USD 2.96 billion, lowering the figure down to nearly USD 21 billion, government data showed on Thursday.
Britain’s exports had risen in April to some USD 38.1 billion, while impo…
Abu Dhabi Fund for Development first institution in MENA Region to win UN SIDS Partnerships Award 2024
ABU DHABI: Abu Dhabi Fund for Development (ADFD) became the first institution in the MENA region to receive the United Nation Small Island Developing States Partnerships Award on behalf of the UAE, which claimed first place in the economic category fo…
BASF Environmental Catalyst and Metal Solutions breaks ground on new green hydrogen investment in Budenheim, Germany
Groundbreaking of new green hydrogen production facility in Budenheim, Germany Pictured left to right: Dr. Günter Krummel, Gesellschafter Trigona FCC; André Semann, CFO Budenheim; Meaghan McGuire, Head of Strategic Marketing, Hydrogen, BASF ECMS; Tim Ingle, SVP Precious Metal Services and Recycling, BASF ECMS; Saeed Alerasool, SVP R&D and Application, BASF ECMS; Daniel Malko, Head of […]
Bombardier Announces Unifor Local 112 and 673 Employees Renew 3-Year Collective Agreement
MONTRÉAL, July 10, 2024 (GLOBE NEWSWIRE) — Bombardier announced today that Unifor’s Locals 112 and 673 members, working at the company’s Aircraft Assembly Centre in the Greater Toronto area, have voted in favour of ratifying a renewed 3-year collective agreement. Bombardier is committed to the site and the continued success of its industry-leading Global family of aircraft, […]
Vietnamese EV Maker VinFast Sets Course for the Middle East
HANOI, VIETNAM – Media OutReach Newswire – 10 July 2024 – VinFast, a pioneering Vietnamese electric vehicle (EV) manufacturer, is making waves on the global stage with its meteoric rise. This upstart, emblematic of Vietnam’s burgeoning economic power, has now set its sights on the electric vehicle market in the Middle East.VinFast EV manufacturing complex […]
PTT Oil and Retail Business Public Company Limited Secures AA+ TRIS Rating; Sets Stage for Global Expansion and Reinforces Market Leadership with PTT Lubricants Brand
BANGKOK, THAILAND – Media OutReach Newswire – 10 July 2024 – PTT Oil and Retail Business Public Company Limited (OR), a key player within the PTT Group and a leader in Thailand’s oil retail sector, proudly announces the reaffirmation of its “AA+” credit rating by TRIS Rating Co., Ltd., Thailand’s premier credit rating agency. This […]