DUBAI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, has chaired the Council’s 63rd meeting held remotely. Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, Ahmed Buti Al Muhairbi, Secretary-General of the Supreme Council of Energy, attended the meeting along with the board members. The meeting ...

Bloomberg Chemicals maker Saudi Basic Industries Corp (Sabic) expects sales and earnings to increase this year after it beat analysts’ estimates by making a profit in 2020. The Riyadh-based firm, controlled by Saudi Aramco, said it sees the global rollout of coronavirus vaccines leading to a 2% to 5% gain in revenue this year. Pretax income will be “moderately higher” ...

ABU DHABI / WAM The United Arab Emirates has made innovation a way of life and an administrative approach to modernising government work and strengthening sustainable economic development based on clear plans and strategies, enabling the country to be ranked first in the Arab region and 34th globally in the Global Innovation Index (GII) 2020. On February 1, “Innovation Month ...