NMDC Group – P.J.S.C. (ADX: NMDC), a leader in engineering, procurement, construction, and marine dredging, announced today that the Initial Public Offering (“IPO” or “Offering”) for 1.15 billion shares (“Offer Shares”) in its wholly owned subsidiary, NMDC Energy – P.J.S.C. (“NMDC Energy”) has been oversubscribed within hours of the first day of its subscription period. […]

Mandarin Oriental, Doha  is proud to announce that it has become the first hotel in Qatar to receive the esteemed Global Sustainable Tourism Council (GSTC) certification, underscoring the hotel’s unwavering commitment to environmental responsibility and sustainable operations. This landmark achievement follows a rigorous assessment conducted by United Certification Systems Limited (UCSL), a GSTC-Accredited Certification Body, […]

German lithium-sulfur battery pioneer theion has opened a representative office in the United Arab Emirates’ (UAE) commercial hub of Dubai. From the UAE, theion will expand across the Gulf region, bringing its lithium-sulfur battery technology to markets committed to energy innovation. Unlike conventional lithium-ion batteries, theion makes use of sulfur, a globally abundant industrial waste […]

The National Investments Company (NIC) has launched its first sustainability report, which particulars the company’s performance across its various activities for 2023 as part of its commitment to sustainability as a critical pillar for building its corporate strategy. The report focuses on different economic, social, and environmental axes. It highlights the company’s success in achieving […]

Emirates Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas and the biggest ‘premium aluminium’ producer in the world, today announced its intention to acquire a majority stake in American aluminium recycling firm Spectro Alloys Corporation. The acquisition, which is subject to obtaining regulatory approvals, will accelerate EGA’s […]