Category Archives: Business & Investments

Business & Investments

Saudi Exchange Launches Four New Indices

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Saudi Exchange Launches Four New Indices

  • The four new Tadawul indices are: The Tadawul Large Cap Index, Tadawul Medium Cap Index, Tadawul Small Cap Index, and the Tadawul IPO Index
  • The launch of the indices aligns with the Saudi Exchange’s ongoing initiatives to provide investors with enhanced benchmark opportunities and stimulate growth in new products for investors.

Riyadh, Saudi Arabia –18 September 2023 : The Saudi Exchange has launched four new indices, marking a significant step forward in the development of the Saudi capital market. These indices, based on company size and IPO performance, provide investors with a broad range of investment benchmarks while enabling institutions to offer new products to meet growing investor strategies.

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Business & Investments

EIH Ethmar International Holding Acquires Stake in Al AinPharmacy Group through its Company ‘Health Plus Holding’

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EIH Ethmar International Holding Acquires Stake in Al Ain Pharmacy Group through its Company ‘Health Plus Holding’

The move comes as part of the company’s commitment to strengthen its presence in the healthcare sector

Abu Dhabi, UAE, 18 September 2023: EIH Ethmar International Holding PJSC “EIH”, a company based in Abu Dhabi, has announced the acquisition of a stake in Al Ain Pharmacy Group, the first investment of “Health Plus Holding”, a subsidiary of EIH and its healthcare investment arm, and part of its strategic vision to expand in this vital Sector.

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Business & Investments

Sustainable Practices, Education and Collaboration Key for the Future of Agri-Nutrients

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Sustainable Practices, Education and Collaboration Key for the Future of Agri-Nutrients

Speakers at the 13th GPCA Agri-Nutrients Conference taking place from 17-19 September 2023 at the Ritz-Carlton, Doha, Qatar highlighted the need for adopting sustainable practices and collaboration across the value chain

Doha, Qatar, 18 September 2023 – Adopting sustainable practices, educating the farming community, and fostering collaboration will be at the heart of shaping a sustainable future for agri-nutrients between now and 2050, said speakers at the 13th annual edition of the Gulf Petrochemicals and Chemicals Association (GPCA) Agri-Nutrients Conference. The conference is taking place this week from 17-19 September 2023 at the Ritz-Carlton, Doha, Qatar, under the theme “Sustainable Transformation in Practice – The Future of Agri-Nutrients”.

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Business & Investments

HE Mariam Almheiri heads UAE delegation at G77+China Summit in Cuba

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Met Cuban President along with several senior officials

HE Mariam Almheiri heads UAE delegation at G77+China Summit in Cuba

  • Almheiri: COP28 is an opportunity to turn the world’s collective focus to meeting the goals of the Paris Agreement

Dubai, 17 September 2023: H.E. Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, headed the UAE delegation to the G77+China Summit, held in Cuba, where she met Cuban President Miguel Díaz-Canel as well as ministers and senior officials from around the world.

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Business & Investments

Ministry of Climate Change and Environment leads UAE delegation at 62nd meeting of Ramsar Convention

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Ministry of Climate Change and Environment leads UAE delegation at 62nd meeting of Ramsar Convention

Dubai, United Arab Emirates, September 17, 2023: The Ministry of Climate Change and Environment led the UAE delegation at the 62nd meeting of the Standing Committee of Ramsar Convention, held at the International Union for Conservation of Nature (IUCN) headquarters in Gland, Switzerland

The meeting was held under the presidency of the People’s Republic of China marking the conclusion of the UAE’s four-year presidency, which commenced in 2018 and was underpinned by significant achievements.

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