Investment
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Oman
Omani firm set to produce copper, gold from OMCO legacy assets
MUSCAT: A government-backed mining technology company says it is preparing to commence copper and gold production from its brownfield assets…
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Egypt
Egypt: Centamin unveils new plan to extend Sukari Gold Mine’s life, reduce carbon footprint
Egypt – Centamin, the leading global gold mining company operating the Sukari Gold Mine in Egypt, has announced a new…
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Business
Nestle, Volvo among 130 companies urging COP28 agreement to ditch fossil fuels
LONDON, Oct 23 (Reuters) – Companies including Nestle (NESN.S), Unilever (ULVR.L), Mahindra Group and Volvo Cars are urging political leaders to agree…
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COP28
UAE: New project to be developed on Yas Island in Abu Dhabi to offset 450 tonnes of CO2 emissions per year
Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, has signed an agreement with Emerge, a joint venture between…
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Qatar
Qatar signs two deals to supply France with liquefied natural gas for 27 years Economy
Qatar reached the largest and longest contract to supply gas to Europe, providing France with 3.5 million metric tons of…
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Industry News
Mining giant BHP to focus on costs, not acquisitions
Global miner BHP Group is focused on cutting costs to drive growth while being patient on buying assets, its chief…
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COP28
Oil, industrial giants pledge emissions cuts ahead of COP28 summit in Abu Dhabi
More than 20 firms across the oil and gas sector and heavy industry have agreed to commit to curb emissions at the…
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COP28
Climate action: Why Tinubu’s govt needs to correct course ahead of COP28
The 78th session of the United Nations General Assembly (UNGA78) may have come and gone but the debates and the…
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COP28
Japan is committed to supporting COP28, Kishida tells UAE Special Envoy
TOKYO: Sultan Al-Jaber, Minister of Industry and Advanced Technology and Special Envoy of the United Arab Emirates to Japan, met…
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COP28
Dr Sultan Al Jaber says ‘North Star’ of Cop28 will be 1.5°C Paris Agreement goal
The UAE has said it will be guided by a “deep sense of urgency” to hold the world to its…
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