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Dubai’s DEWA reported a record-breaking year and an annual profit of $3.2 billion (AED11.1 billion) for 2022. DEWA announced its preliminary and unaudited consolidated financial figures for the full year 2022, reporting AED 6.7 billion in sales and AED 1.5 billion in net profit for the quarter. DEWA’s consolidated revenue for the entire year was […]
The top companies in the world’s trailblazing industries came together for the 4th Annual Business Tabloid Awards on January 19, 2023, at Atlantis The Palm in Dubai, United Arab Emirates. The Annual Business Tabloid Awards recognizes excellence in various industries, including Banking, Finance, Insurance, Real Estate, Technology, Healthcare, Leadership and Logistics & Transportation. A panel […]
The plans for XZero City, a sustainable neighbourhood in Kuwait that aspires to provide 100,000 residents with a net-zero-carbon lifestyle, have been unveiled by Dubai-based developer URB. According to the developer, the 1,600-hectare project in the country’s south will comprise 30,000 houses and generate 30,000 green employments in industries including healthcare, tourism, technology, education, retail, […]
The Dutch government has passed legislation requiring businesses to consider employee requests to work from home if their jobs allow it. The Netherlands is one of the first countries to make remote working flexibility a legal requirement. Steven van Weyenberg, a member of the pro-European D-66 Party, and Senna Maatoug, a Green Party legislator, sponsored […]
Credit Suisse has been found guilty and penalised for its role in money laundering in connection with a Bulgarian narcotics network. The bank did not do enough to prevent members of the crime syndicate from benefitting from the trafficking of cocaine into Europe, according to Switzerland’s criminal court. Credit Suisse is the first big Swiss […]
The training solutions provider TUV SUD inaugurates S$100 million regional hub in Singapore. Reasserting the company’s commitment to partner the city state in its next stage of growth. The technology combination lays the foundation for realising autonomous and sustainable buildings in the near future. TÜV SÜD and ComfortDelGro Engineering announced a partnership to jointly develop […]
– By Anamika Sahu, Editor-in-Chief Bangladesh ranks as the 32nd highest consumer of natural gas, globally. However, the country is facing an acute shortage of natural gas, which halted the new piped gas connections for nearly a decade. As of early 2021, the demand for LPG in Bangladesh stands at around one million tons. However, […]
30 years ago, when Bangladesh was talking baby steps towards becoming a developing nation, it has many visions and actions to consider. One of them was having such leaders who can work towards achieving those visions through their actions and unsurmountable grit & foresightedness. Shafiat Shoban Sanvir is one of such leaders who have been […]
Beverly Sills once said, “There are no shortcuts to any place worth going”. Areej Mohsin Haider Darwish indeed is every bit an epitome of these words. Her journey is an example of how climbing the ladder one step at a time is indeed an opportunity to learn at every stride, making one know the pulse […]
The South Korean portal operator Naver said that it plans to cut green house gas emissions to zero by the year 2040. A official from Naver said in a statement: “As digitalisation is accelerated under COVID-19, greenhouse gas emissions are expected to increase at a rapid rate,” “As a leading internet business, Naver will join […]
Harley-Davidson said on Thursday it will shut down manufacturing and sales operations in India. The American premium motorcycle manufacturer had indicated exiting some of the loss-making international markets to re-route focus on the US market. Under its “The Rewire” strategy revealed in July, it said that it would streamline its planned product portfolio by about […]
The Israel and Dubai Diamond exchanges signed a strategic deal to boost trade between the Middle East’s main diamond hubs, on Thursday. The development comes two days after Israel and the United Arab Emirates (U.A.E.) inked a historic agreement to normalize ties. It marks a further development in economic collaboration between the countries. “DMCC is […]
