• 92 percent of business leaders surveyed believe that fluctuating energy costs and instability still pose a threat to business competitiveness • Impacts on the workforce include reductions in investment in recruitment, training, development, and salaries • Four out of five are also concerned about the security of energy supply, with over half highlighting the impact on their decarbonization goals    Dubai; 20th March 2023: Research shows that businesses around the world remain concerned about the impacts of energy security and prices, which could be a catalyst for a range of environmental, social and economic ripple effects. According to ABB Electrification’s Energy Insights survey1 of 2,300 leaders in 10 markets around the world, including the UAE, from small and large businesses across a range of sectors, 92 percent of respondents feel that ......
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Dividend of AED 1.285 billion (10.285 fils per share) approved for H2 2022 to bring total 2022 dividend to AED 2.57 billion (20.57 fils per share) General Assembly also approves changes to the dividend policy setting 2023 at a minimum of AED 2.57 billion (20.57 fils per share) Following the successful completion of its acquisition in Egypt, ADNOC Distribution to rebrand flagship service stations with its first opening in Q3 2023 Company continues electric vehicle (EV) chargers roll-out in Q1 increasing to 36 charging points across UAE while building partnership with TAQA for E2GO Abu Dhabi, UAE – March 16, 2023: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, announced today that its shareholders have approved all agenda items, including an amendment to its 2023 dividend policy at its Annual General ......
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Dubai, UAE – 16 March 2023: Ramadan is a time of reflection, contemplation, and gathering with loved ones. With this in mind, Western Furniture is proud to present a collection of furniture and accessories, perfect for creating a warm and welcoming environment in your home. The range of products from Italian brands such as Natuzzi Editions, Tonin Casa, Tomasella, and others add elegance and sophistication to your home decor.   The Console Table and Circo Mirror by Natuzzi Editions are perfect for creating a peaceful and serene atmosphere in your home spaces.       Tonin Casa, another well-known Italian brand, offers a range of stylish and functional lighting solutions, including the Etoile Ceiling Lamp, Winderly Mirror, Blade Table, Tartan Sideboard, Goldie Lamp, Dreamy Ceiling Lamp, Dreamy Table Lamp, Dorian Mirror, Macrabe Mirror, and the Kolonaky Stand ......
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Dubai, UAE (15 March 2022) – Natuzzi Italia, a premium furniture brand from Italy, is excited to announce its home furnishings and accessories ideas for the holy month of Ramadan. These products are designed to provide homeowners with a comfortable and stylish atmosphere for family gatherings during the holy season.   The Ramadan-suggested products feature a range of furniture items including the Adam Dining Table, Adam Central Table, and Edgar Dining Chair. These pieces are crafted with elegance and functionality in mind, and are made from high-quality materials to ensure durability. The collection also includes accessories like the Pebbles set of 4 Bowl, which is perfect for serving dates, sweets, and other traditional Ramadan treats.     "Ramadan is a special time for families and friends to come together and enjoy meals and quality time," ......
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With V-planet, a plant-based dog nutrition food, dogs can enjoy all the benefits of animal protein without any health concern with a longer and healthy life   The dog population is expected to grow at a CAGR of 2 percent to 88,300 in 2026, compared to 81,600 recorded in 2021; The dog food sale in the UAE is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.4 percent to US$69.2 million in 2026, up from US$39 million recorded sale in 2021; The global pet food industry has reached great heights in recent years, amassing an estimated worth of over US$91.1 billion; The increase in the dog food sale in the UAE at the backdrop of a decline in the dog population growth rate is primarily driven by an increased demand of plant-based vegan food and premium food for dogs.   The dog food sale in the UAE is expected to grow at a Compound Annual Growth ......
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Dubai, UAE, 10 February 2023:   Spring has arrived and it’s time to enjoy the perfect outdoor weather across the region with Williams Sonoma Home. For cooler nights, layer warmth and texture into every space with hundreds of new arrivals for a calm and neutral approach to design. From the rhythmic patterns of wood to woven textures and reflective surfaces, the latest collection is inspired by nature.   The Larnaca outdoor collection has a sleek modern aesthetic available in light wood, white, charcoal grey and weave, with customizable cushions to suit all home interiors; the perfect addition to your garden setting whilst family feasting or savouring the sunshine. For the perfect morning, gather around the Tribeca coffee table at sunrise and enjoy the first moments of the day. Its versatile metal and glass shelf design leave space for displaying art or ......
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Dubai UAE, 28 February 2023: Calligaris, the internationally renowned contemporary furniture brand renowned for its perfect balance of Italian style and great functionality, is proud to present the Abrey family.  Created by the celebrated design duo of Gabriele and Oscar Buratti, the Abrey family which is available at Western Furniture – UAE promises to revolutionize the dining experience, providing supreme comfort in the home.  The Abrey Round Table features an elegant circular ceramic marble top supported by a statement ash wood base with tapered legs and a wide cross bar support, with two sizes available and a selection of timber and ceramic finishes allowing customization.     The Abrey Wood Table is a stylish design featuring a solid wood base with a cross bar support detail at each end and neatly tapered legs, supporting a wood top in a choice of ......
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 Al Mansouri: COP 28’s success is an overall National responsibility that requires the participation and contribution of the government and private sectors, all of society, as well as cooperation with international partners. We extend an open invitation to all to join hands to make COP 28 a successful and distinguished event  Al Malek: The UAE follows a practical and realistic methodology to make a significant shift in the maritime sector and climate action  COP 28: The COP28 presidency is working, as directed by the wise leadership, to ensure that the event prioritizes practical results for everyone    Dubai, UAE 27 February 2023: In conjunction with the ‘UAE Innovates’ initiative and in preparation for the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP 28), the Ministry of Energy and ......
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Fast-charging Grid-eMotion® Fleet will help the country progress towards its goal of net-zero emissions by 2050 Dubai, United Arab Emirates, February 21, 2023 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has won an order from Admiral Global DMCC, a Dubai regional headquartered e-mobility and energy solutions provider for industries, to supply the first charging infrastructure for electric truck fleets in the United Arab Emirates (UAE). The scalable, grid-to-plug fast-charging solution will make it possible for fleets of commercial trucks in the middle-mile category to recharge simultaneously in a single location. The charging infrastructure, which is expected to be in operation by the end of 2023, will be used by multiple fleet operators that lease electric trucks from the Mohamed Hareb Al Otaiba Group, one of UAE’s ......
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Get ready for meaningful gatherings with those that matter most Dubai, UAE, 2 February 2023:  This Ramadan, West Elm showcases a beautiful range of elevated essentials for setting the table whilst coming together to dine and give thanks. Whether your family is big or small, the moments that matter throughout the Holy Month are those spent together.  As a time for reflection and appreciation, West Elm has created understated, minimalistic dinnerware pieces that mark the occasion. With metallic touches and intricate Arabesque patterns, the collections are perfect for hosting an Iftar or Suhoor with friends, family and community. The beautiful Ramadan collections Sama and Jothoor include dinnerware, glassware, candles and sparkling lanterns for added celebration throughout the holy month and during Eid celebrations. Sama With a vibrant blue brushstroke design, the ......
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UAE’s largest fuel and convenience retailer reports Y-o-Y growth in EBITDA by 15% and Net Profit by 22%, with total fuel volumes increasing by 8% and commercial volumes up by 19% during 2022 ADNOC Distribution maintained growth momentum throughout Q4 2022 by opening 21 new UAE service stations, expanding local network beyond 500 sites mark Non-fuel retail transactions increased by 15% during 2022, driven by ongoing focus on customer-centric initiatives such as ADNOC Rewards  ADNOC Distribution has successfully renewed its supply agreement with ADNOC for a new 5-year term Board recommends dividend of AED 1.285 billion (10.285 fils per share) for H2 2022 Abu Dhabi, UAE – February 09, 2023: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), UAE’s largest fuel and convenience retailer, which is listed on the Abu Dhabi Securities Exchange ......
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Give the gift of pioneering airflow technology for the hair and the home With Valentine’s Day just round the corner, there’s no better time to show a loved one how much they mean than by gifting them one of Dyson’s pioneering innovations. From floor and homecare to special edition colourways of Dyson’s popular hair care technologies, there’s no gift quite like Dyson’s unparalleled technology and sleek design.  In celebration of Valentine’s Day, Dyson have launched a limited-edition Topaz Orange haircare range, including the iconic SupersonicTM hair dryer and the Dyson AirwrapTM multi-styler. The unique metallic finish of the Topaz Orange colourway finished with gold accents and presented in a beautiful Byzantine Purple case, is a statement-piece that symbolizes luck for that special someone. The products feature patented airflow ......
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Abu Dhabi, United Arab Emirates, 7 February 2023:  Khalifa Port, Abu Dhabi’s flagship deep-water port, has set a new Guinness World Records™ title for assembling the Largest shipping container logo/image. The Khalifa Port team assembled 676 containers in the shape of AD Ports Group’s logo at its South Quay to earn the new Guinness World Records™ title. The total length of the logo formed by the containers was 1,000.4 metres, while the width reached 174 metres. This record nearly doubles the previous standard, set by Singapore’s Tanjong Pagar Terminal in 2017 with 359 containers. Commenting on this record-setting success, Saif Al Mazrouei, Chief Executive Officer, Ports Cluster at AD Ports Group said: “We are proud of this remarkable achievement. Setting a new Guinness World Records™ demonstrates our capability to consistently ......
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• Etihad Cargo has achieved 80.5 per cent OTP for freighter departures and 84.1 per cent OTP for freighter arrivals, ahead of its 80 per cent target   • The carrier surpassed its 85 per cent DAP target, achieving 86.6 per cent   • PharmaLife performance continued to outpace previous years, driven by the launch of new product features, a commitment to world-class standards and the establishment of Pharma Corridor 2.0   • 6 per cent more horses were moved via the carrier’s SkyStables product compared to the previous year   • The carrier received 25 awards in 2022 in recognition of its operational performance and contribution to pharmaceutical transportation, innovation, sustainability and CSR within the air cargo sector   Abu Dhabi, United Arab Emirates – Etihad Cargo, the cargo and logistics arm ......
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• Consolidated Revenues of $27.0B, Down 2.7% from Last Year • Consolidated Operating Margin of 11.8%; Adjusted Consolidated Operating Margin of 14.1% • Diluted EPS of $3.96; Adjusted Diluted EPS Up 0.8% Over Last Year to $3.62 • Declares a Quarterly Dividend of $1.62, a Per Share Increase of 6.6%, and Authorizes a New $5B Share Repurchase Program, Replacing the Existing Authorization   January 31, 2023 – UPS (NYSE:UPS) today announced fourth-quarter 2022 consolidated revenues of $27.0 billion, a 2.7% decrease from the fourth quarter of 2021. Consolidated operating profit was $3.2 billion, down 17.9% compared to the fourth quarter of 2021, and down 3.3% on an adjusted basis. Diluted earnings per share were $3.96 for the quarter; adjusted diluted earnings per share of $3.62 were 0.8% above the same period in 2021.     For ......
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• Middle East Energy Outlook Forecasts Tapering Down of Regional Demand  • Region Set For Investment In Future-Proof Tech To Deliver Resilience & Cost Efficiencies   Dubai, UAE – 23 January 2023: The Middle East is now embracing a major energy sector transition towards a decentralised, decarbonised, and digitalised future with regional nations looking to improve energy security by reducing fossil fuel dependency, cutting CO2 emissions, and enhancing segment-related investment resilience, according to a new report.   Yet the sector outlook report, by consultants Frost & Sullivan, says though the region is currently investing in installed energy capacity at a rate of between 4.5%-4.8% annually, there could soon be a tapering down in demand. The report, commissioned by Middle East Energy, the region’s leading energy event which ......
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January 23, 2023:  THE FITOUT, one of the leading service providers of comprehensive interior solutions in the Middle East, successfully completed its latest interior developments for the Newby Tea Cafe in Abu Dhabi. The cafe features THE FITOUT’s unique and sustainable range of interior solutions, which also comprised of civil, floor, and lighting work among others. The project's success was enhanced by its early completion, adding another milestone to the company's growing record of accomplishments. THE FITOUT used its distinctive range of interior solutions to develop the latest branch of the Newby Tea Cafe, with some of the key elements being a folding partition made of gold leaf, a ten-meter floating table in the reception, and a golden metallic mesh. The company also undertook civil work, such as building walls and partitions, as well as screeding and ......
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Company to cut emissions, install solar panels at service stations and use biofuels to power its fleet of vehicles New sustainability milestones unveiled during Abu Dhabi Sustainability Week will future proof ADNOC Distribution’s business and deliver sustainable long-term shareholder value  ADNOC Distribution becomes first UAE fuel retailer to tap into sustainability linked financing with USD 1.5bn loan Abu Dhabi, UAE – 20, January 2023:  ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), announced plans, today, to reduce its carbon intensity by 25% by 2030, by putting sustainability at the core of its day-to-day operations to future-proof its business and deliver sustainable long-term shareholder value. Central to ADNOC Distribution’s enhanced sustainability drive is a commitment to decarbonize its operations by reducing its Scope 1 ......
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On the sidelines of the 42nd meeting of Arab Permanent Postal Commission 19, January 2023:  On the sidelines of the 42nd meeting of Arab Permanent Postal Commission, Emirates Post Group, in collaboration with Egypt Post, announced the issuance of a joint commemorative stamp in celebration of 50 years of bilateral relations between the UAE and Egypt. The stamp echoes five decades of respect and cooperation between both countries, as well as the depth of relations demonstrating the bonds of brotherhood and comprehensive partnership between the nations.   The stamp launch is consistent with Emirates Post Group’s commitment to advancing the UAE's objectives of enhancing partnerships and strategic alliances with Arab and foreign nations, particularly Egypt. The UAE aims to explore more potential prospects to encompass all fields, in order to promote the ......
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• Sustainable financing solutions help in funding transformative green projects and to accelerate the private sector’s energy transition   UAE - Dubai 19, January 2023 – The UAE is investing heavily in environmentally friendly energy projects and witnessing significant increases in its clean energy production. The nation’s commitment is exemplified through forward-looking initiatives such as the recent launch of the UAE Energy Strategy 2050 as well as its progress thus far in launching 11 environmentally-friendly energy projects worth $43bn (AED159bn). Speaking at a panel discussion titled ‘Unleashing Private-Sector Investment in Energy Transition’ on the sidelines of Abu Dhabi Sustainability Week 2023, Walid Sheta, President for the Middle East and Africa Zone, Schneider Electric, outlined the sustainable financing solutions that have ......
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