DUBAI / WAM The Ministry of Climate Change and Environment has signed a memorandum of understanding (MoU) with Essa Al Ghurair Investment LLC, as part of a collaboration on the ministry’s National Carbon Sequestration Project. Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, and Essa Abdullah Al Ghurair, Chairman of the Board of Directors of Essa Al ...

BLOOMBERG Amsterdam’s Schiphol airport has a lot to boast about — the best direct flight connectivity across Europe, a terminal layout that’s easy to navigate, and an underground railway station that links it to major cities across Europe. Now a proposal for a capacity cap to minimise noise stands to dim the allure of one of Europe’s prime hubs. The ...

BLOOMBERG French skincare giant L’Oréal SA has agreed to acquire luxury cosmetics brand Aesop, which was founded in Melbourne before developing a cult global following, for an enterprise value of $2.53 billion. The transaction caps months of negotiations as other companies, including private equity firm Permira and Chinese investment firm Primavera Capital also showed interest in the Australian brand, owned ...