Dubai, UAE--In order to reduce food loss and waste by 50 percent, the UAE has launched Ne’ma Food Loss and Waste Reduction Roadmap, looking to achieve the target by 2030. The project was unveiled by Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment The roadmap was announced...
Google announces 12,000 job cuts globally, cites changing economic reality
Google's parent company Alphabet announced about 12,000 job cuts globally citing a changing "economic reality", becoming the latest US tech giant to enact large-scale restructuring. The layoffs come a day after Microsoft said it would reduce staff numbers by 10,000 in the coming months, following similar cuts by Facebook owner...SoftBank Q2 net profit at $21.4b
Firm's reduction of stake in Alibaba partly helped.
Al Sagr to cut capital
It has sought shareholders' nod for 65% capital reduction.
Raydan to cut capital by 53%
The food company will reduce the capital to $42.13 million.
Dubai reduced carbon emissions by 21 percent in 2021
The Dubai Supreme Council of Energy had a virtual meeting in which it was revealed that Dubai had reduced carbon emissions by 21 percent in 2021.Jordan extends reduction of general tax for vegetable oils
The decision to bring some relief to people follows in light of the high prices of vegetable oils globally.
Digital technologies can cut greenhouse gas emissions: WEF
Digital technologies can reduce greenhouse gas emissions by up to 20% by 2050 in the three highest-emitting sectors: energy, mobility and materials, according to a study by the World Economic Forum and Accenture.US calls for immediate end to Libya oil shutdowns
The US said Wednesday it was "deeply concerned" about an ongoing closure of key oil installations in Libya, calling for the shutdowns to end "immediately". "The United States is deeply concerned by the continued oil shutdown, which is depriving Libyans of substantial revenue," the US embassy in Tripoli said.Dubai Investments makes $258m profit from Emicool deal
Dubai Investments Co. has earned 50 million dirhams ($258 million) from the Emicool deal it concluded earlier. According to the company’s CEO, Khalid bin Kalban, the company will use the funds in debt reduction, paying exceptional profits to shareholders and making further investments. The company sold a 50 percent stake...
No plan to reduce VAT any time soon, says Saudi minister
Saudi Arabia will not reduce value added tax any time soon, but will consider doing it when it public finances will have improved. This was stated by Saudi Finance Minister Mohammed Al-Jadaan .
Emirates Islamic net profit $218m
Higher non-funded income, reduction in the cost of risk push profits up.
Ajman Chamber reduces membership registration fee by 50 percent
DUBAI: A 50 percent reduction in the membership registration fees in the Ajman Chamber of Commerce and Industry for new establishments licensed in free zones has been announced by Ajman crown prince Sheikh Ammar bin Humaid Al Nuaimi. The fee will be reduced only if the registration request is submitted...
Dubai to lower, waive off fees on govt services to boost growth
In order to give a fillip to economic activity in Dubai, its government will lower and in some cases completely waive off fees in 88 different categories.
