Investors under a local initiative to support Saudi businesses led by SABIC are expected to contribute more than SR11.4 billion ($3 billion) to the Kingdom’s economy and create around 10,316 jobs, Arab News reports. (Saudi Basic Industries Corporation, known as SABI, is a Saudi Arabian multinational chemical manufacturing company and a subsidiary of the state-owned […]
High Highness Sayyid Asaad bin Tarik al Said, Deputy Prime Minister for International Relations and Cooperation Affairs, Personal Representative of His Majesty the Sultan, presided over the launching ceremony of Liwa Plastics Industries Complex (LPIC), a RO 2.7-billion mega project of OQ, at Suhar Industrial Port, on December 13, Oman Observer reports. The LPIC is […]
The United Arab Emirates (UAE) has joined the Global Methane Pledge at the COP26 summit in Glasgow, building on its position as one of the least methane intense nations in the world. The UAE welcomes the opportunity to share its capabilities and experience in best-in-class methane performance with signatories to the EU-US led initiative that […]
A new economic crisis has already touched you – try to order a PlayStation 5, a new iPhone, or car! A shortage of electronic equipment threatens the world. Let’s get to know what happens, thanks to Babel’s explanation. Today, almost everything works on chips – from an electric toothbrush to a car. Since last year, […]
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, published on October 13 its fourth annual sustainability report. The report details EGA’s environmental, social, and governance performance in the UAE and the Republic of Guinea in 2020, WAM states. Abdulnasser Bin Kalban, Chief Executive Officer of EGA, said: […]
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, and Gulf Extrusions, a subsidiary of the Al Ghurair Group, signed an agreement for the innovative re-use of an industrial by-product in EGA’s production process, replacing the use of fresh raw material, improving efficiency, and benefiting the environment, Gdnonline reports. […]
The United Arab Emirates faces tough economic challenges in 2021 and beyond. The coronavirus and the resulting crises have caused its most important industries to struggle, endangered retaining its expatriate residents, and obstructed global investments. Nevertheless, its economic pillars allow it to enjoy a position of strength while battling for regional economic influence and pursue […]
Middle East manufacturers must invest in decarbonizing their operations and their supply chains if they want to be competitive, according to some of the region’s leading producers, MEED reports. Speaking at Decarbonising Manufacturing, the latest webinar in the MEED Mashreq Connect Series, leading regional manufacturers said producers need to reduce their carbon footprint to meet […]
British environmental experts in May 2021 collected data for the last year on the level of pollution in different cities of the world. They took into account such indicators as the degree of air pollution, the level of noise, and light pollution. And it turned out that India has been the leader in the number […]
Will the planet be saved by the “anti-growth” of the world economy? The idea looks tempting, but some experts prove that it’s wrong. Let’s check Knife arguments against it. Supporters of the idea of anti-growth believe that the main reason for environmental pollution is the irrepressible desire of mankind for economic development and enrichment. Andrew […]
