DUBAI/ GULF TIME The idea for Lush Prize originated from the Lush founders’ frustration at the entrenched nature of animal testing. They felt it was taking too long for cruelty-free alternatives to be adopted into the mainstream. An idea emerged: a £250,000 pot of money every year which would fund a series of initiatives working to end the use of …

DUBAI / WAM Dubai Taxi Company announced on Monday its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market (DFM). In a statement on Monday, the company said that 624,750,000 shares, each with a nominal value of AED0.04, will be made available in the offering, representing 24.99% …

ABU DHABI / WAM Tuna Gulenc, Vice President of Japan’s Daikin Middle East Africa, said that the UAE is continuing its global efforts to radically change the course of climate action and pave the way for a sustainable future by hosting COP28. In statements to the Emirates News Agency (WAM), Gulenc added that COP28 will come up with the first-ever …