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Month : April 2023

Business

IsDB board approves $403 million projects to promote sustainability and socio-economic growth

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The Islamic Development Bank (IsDB) Board of Executive Directors has approved three sustainable development projects worth approximately US$ 403 million. These projects will support socio-economic development and promote sustainability in key sectors such as energy, education, and transport in member countries. The 350th meeting of the IsDB Board was chaired......
PR Newswire

Hong Kong Ambassadors Club Set to Revitalise Hong Kong for Greater Business Success with Seasoned Team Connecting to Top Global Investors

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Hong Kong, April 3, 2023 /PRNewswire/ — Co-founded by the Hon Jeffrey Lam, GBS, JP and Patrick Tsang, the Hong Kong Ambassadors Club (“HKAC”), was officially inaugurated in the Four Seasons Hotel officiating by government officials, consul generals and business magnates, with the vision of “Hong Kong 3.0 – Prosperity......
News

Another success from Istanbul Gelisim University in research and innovation activities

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MENA Newswire: The results of the “SCImago University Rankings 2023”, in which world universities’ research, innovation and social impacts are ranked, have been announced. Istanbul Gelisim University, which stands out with its research studies in various fields, drew attention with its results in categories such as Law, Civil Engineering, Industrial......
PR Newswire

Elevatus Joins Forces With Jisr to Create a Unified Recruiting and HR Experience for Clients Across the Kingdom

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RIYADH, Saudi Arabia, April 2, 2023 /PRNewswire/ — Elevatus, the multi-award-winning recruitment software, today announced its partnership with Jisr; the leading HR and payroll system in the Kingdom. This strategic partnership will supercharge and complement their offerings by delivering an integrated one-stop solution for clients to hire and manage their......
Business

Breaches of criminal law in Credit Suisse-UBS merger to be probed by Swiss prosecutor

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Switzerland’s Federal Prosecutor is investigating potential breaches of criminal law by officials involved in the state-backed takeover of Credit Suisse by UBS Group, which was announced last month. The prosecutor’s office is examining the deal for any evidence of wrongdoing by government officials, regulators, and executives at both banks. The......
Business

Saudi Arabia and OPEC+ allies agree to cut oil output by 1.16 million bpd

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Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day on Sunday, ahead of a virtual meeting of an OPEC+ ministerial panel. The unexpected move takes the total volume of cuts by OPEC+ to 3.66 million bpd, equal to 3.7% of......
News

Rising injuries and deaths lead to Paris banning rental e-scooters

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Paris residents have overwhelmingly voted in favor of a ban on rental electric scooters in the city, with almost 90% of votes cast supporting the move. The referendum was called in response to growing concerns over the safety risks posed by e-scooters. Critics have argued that e-scooters were causing more......
Automotive

Mercedes-Benz launches GLC Coupe with electric off-road capabilities

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Mercedes-Benz has launched the new GLC Coupe, featuring electric drive technology that offers both on- and off-road capabilities. Equipped with 4MATIC all-wheel drive and rear axle steering, the vehicle is designed for sporty performance and high efficiency. The latest MBUX infotainment system is enhanced with augmented reality for navigation, while......
News

Jordan and Bahrain Kings hold bilateral meeting

Editor
King Abdullah of Jordan and Bahrain’s King Hamad bin Isa Al Khalifa held a high-level meeting to discuss bilateral ties and current international and regional developments. During the meeting, which was held at Al Sakhir Palace and attended by other officials, both leaders expressed their commitment to strengthening their countries’......
News

FAO receives $23.7m from Norway to aid crisis response efforts

Editor
The Government of Norway has donated $23.7 million to FAO’s Special Fund for Emergency and Rehabilitation Activities (SFERA), which provides flexible contributions to assist with severe humanitarian crises and emergencies. With this donation, FAO aims to reach approximately 600,000 food-insecure people with farming inputs, livestock supplies, fishing inputs, and cash......