Daily Archives: August 5, 2024

Business & Investments

EGA ships bauxite cargo using LNG-fuelled ship in world decarbonisation first

Abu Dhabi, United Arab Emirates: 5 August 2024: Emirates Global Aluminium, the largest ‘premium aluminium’ producer in the world, today announced the world’s first bauxite cargo shipment using a Liquefied Natural Gas-fuelled vessel.

The shipment, in a Capesize ship, is carrying bauxite mined by EGA subsidiary Guinea Alumina Corporation to a customer in China.

LNG-fuelled ships can achieve up to 28 per cent lower greenhouse gas emissions on a tank-to-wake basis compared to vessels using traditional marine bunker fuel, according to SEA-LNG, a multi-sector industry coalition. The global shipping industry as a whole was responsible for over two per cent of the word’s greenhouse gas emissions in 2022, according to the International Energy Agency.

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Business & Investments

ICBA, Green University Partner for Sustainable Agriculture in Uzbekistan

  • Dr. Tarifa Alzaabi, Director General of ICBA, signs an MoU with Green University in Uzbekistan.
  • The collaboration aims tofocus on agricultural research, capacity development, and sustainability, among other things.

Tashkent, Uzbekistan, August 5, 2024 – The International Center for Biosaline Agriculture (ICBA) has formalized its collaboration with the Central Asian University of Environmental and Climate Change Studies, also known as Green University, by signing a memorandum of understanding.

The agreement was signed by Dr. Tarifa Alzaabi, Director General of ICBA, and Dr. Jasur Salikhov, Acting Rector of Green University, during a ceremony in Tashkent, Uzbekistan.The signing ceremony was attended by H.E. Mohammad AlDaheri, Head of Economic, Political, and Media Affairs Section at the Embassy of the UAE in Tashkent, Uzbekistan.

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Business & Investments

IHC Announces Formation of Rorix Holdings, a Global Trading and Trade Facilitation Conglomerate

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Abu Dhabi, UAE – 5th August 2024: International Holding Company (ADX:IHC), the global diversified Abu Dhabi-based conglomerate, has formed Rorix Holdings, a groundbreaking global finance and trade facilitation company focused on financial services, trade finance, advisory, commodities and trade insurance sectors. The strategic move will lead to more inclusive economic development by serving as an entry point through the UAE for local, regional and global businesses to access new markets.

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Shopping & Promotions

Golden Drive promotion -UAE by Joyalukkas

Joyalukkas is thrilled to announce the 3rd and 4th sets of 10 winners in the prestigious Golden Drive promotion in the UAE! Each winner received a stunning 10 gm 22kt gold bar.

The grand event took place on Saturday, 3rd August, at 4 pm at our Joyalukkas Ithra Maryam branch in Dubai, graced by esteemed Joyalukkas dignitaries.

Congratulations to all our winners for being part of this unforgettable moment. Stay tuned for more golden opportunities with Joyalukkas!

Business & Investments

AD Ports Group Champions Innovation and Sustainability as Official Sponsor of The Arctic Challenge

Abu Dhabi, UAE – 05 August 2024– AD Ports Group, one of the world’s premier facilitators of logistics, industry, and trade, today announced its sponsorship of The Arctic Challenge, a pioneering expedition dedicated to exploring and addressing the environmental impact of climate change in the Arctic region.

The Arctic Challenge aligns perfectly with the Group’s belief that the integration of Environmental, Social, and Governance (ESG) considerations into its business practices drives sustainable growth, creates long-term value for all stakeholders and leads the maritime industry towards a greener futureto.

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