DUBAI / WAM The UN-mandated Kimberley Process (KP) Intersessional meeting opened in Dubai with resounding calls to accelerate consensus and decision-making to secure the industry’s long-term security, efficiency, and operationalisation. Hosted in Uptown Tower, Uptown Dubai, headquarters of DMCC, the KP intersessional opening saw a global gathering of hundreds of diamond industry representatives, civil society and world governments. The UAE …

ABU DHABI / WAM Tadweer Group has announced the closed bidding for the planned development of Abu Dhabi’s first greenfield Material Recovery Facility (MRF). The state-of-the-art facility will recover recyclable materials derived from municipal solid waste, significantly maximising the diversion of waste from landfills through recycling and preparing feedstock for the Abu Dhabi Waste to Energy facility. This will enable …

DUBAI / WAM Spinneys, recently listed on the Dubai Financial Market (DFM), announced its financial results for the three-month period ending on March 31. Revenue grew by 10.9% year-on-year to reach AED815 million, driven by an increase in retail revenue, with transactions remaining healthy, up by 9.5% year-on-year. In a statement, the company said gross profit increased by over 15% …