ENOC honoured with two sustainability awards at the Connecting Green Hydrogen MENA 2024

ENOC Group, the leading integrated global energy player, has been honoured with two awards for sustainability at the Connecting Green Hydrogen MENA 2024 event held at the Madinat Jumeirah Conference Centre, Dubai. The accolades reaffirm the Group’s role as a leading player in the adoption of sustainable energy solutions in the region. The MENA region’s…

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Kuwait, Saudi approve study for railway link

KUWAIT: Minister of Public Works and Minister of State for Municipal Affairs Dr Noura Al-Mashaan announced on Thursday the Kuwaiti-Saudi High Steering Committee has approved the feasibility study outcomes for the railway connection project between Kuwait City and Riyadh at its sixth meeting. “The agreement between the two brotherly countries reflects a shared will to build…

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Saudi Arabia and Qatar sign tax rules agreement

RIYADH: Saudi Arabia’s minister of finance, Mohammed Al-Jadaan, and his Qatari counterpart, Ali Al-Kuwari, signed an agreement on Thursday designed to avoid the possibility of double taxation and prevent tax evasion. During the signing ceremony in Doha, Al-Jadaan said the agreement is part of efforts to strengthen legislative coordination between the two countries, to encourage…

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Saudi Public Investment Fund emerges as most valuable and second-strongest sovereign wealth fund globally

RIYADH: Saudi Arabia’s Public Investment Fund has topped the list of the most valuable brands among global sovereign wealth funds, according to a report by UK-based brand valuation and strategy consultancy Brand Finance. The list includes 50 of the largest asset management companies and sovereign wealth funds in the world. The inaugural Asset Management and…

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Dubai Chamber of Commerce launches Qazaqstan Business Council to support growth of trade and intra-regional investments

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the Qazaqstan Business Council to enhance bilateral trade and investment ties between the business communities in Dubai and Qazaqstan. The establishment of the Business Council reflects the growing economic relations between the two markets….

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Usyk-Fury sequel set for Dec. 21 as part of Riyadh Season

RIYADH: Tyson Fury will seek revenge against Oleksandr Usyk on Dec. 21 in Riyadh for the heavyweight boxing title. Usyk defeated the British boxer on May 19 on points, becoming the first undisputed heavyweight champion of the 21st century.The chairman of the Saudi General Entertainment Authority Turki Alalshikh said: “The quality of the first fight…

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PIF crowned world’s most valuable wealth fund brand

RIYADH: Saudi Arabia’s Public Investment Fund has been named the world’s most valuable sovereign wealth with a brand value of $1.1 billion, according to an analysis.  In its latest report, UK-based strategic consultancy Brand Finance revealed that Saudi Arabia’s wealth fund secured the top spot in the list due to its diverse investment strategy, trust…

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Islamic Ministry unites volunteers to serve pilgrims

MAKKAH: Almost 5,000 people are set to volunteer for programs launched by the Makkah arm of the Saudi Ministry of Islamic Affairs, Dawah and Guidance, the Saudi Press Agency reported on Wednesday. The branch has launched 247 opportunities via its volunteering platform to coincide with the start of the Hajj season. These include distributing more…

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