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2020

Farnek unveils roadmap for net zero emissions by 2050

UAE-based smart and green facilities management (FM) company Farnek, has unveiled its roadmap to achieve net zero emissions by 2050, supporting the UAE’s strategic initiative, announced in October last year. “In terms

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Alba releases its 2020 Sustainability Report

Aluminium Bahrain (Alba), the world’s largest aluminium smelter ex-China, unveiled its fifth edition of the Sustainability Report which was prepared in accordance with Global Reporting Initiative (GRI) Standards: Core Option, the company

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Saudi airports log 66.5% drop in international flights in 2020

The number of international passenger flights from Saudi airports dropped 66.5 percent in 2020 compared to the previous year, according to the latest data of the General Authority of Civil Aviation (GACA). The GACA figures of 2019

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Trade in medical goods surges 16.3% in 2020: WTO

Trade in medical goods continued to register phenomenal growth of 16.3 per cent in 2020 compared to the 4.7 per cent growth of the same sector in 2019, said the World Trade Organisation (WTO) in a new report. The WTO Secretariat&#

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Trade in medical supplies, PPE surged in 2020: WTO

Despite the value of global merchandise trade shrinking by more than 8% in 2020, trade in medical supplies increased by 16%, and personal protective equipment (PPE) by 50%, said the World Trade Organisation (WTO) in a new report.

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Bahrain’s FDI inflows reach $1 billion in 2020

Bahrain’s foreign direct investment (FDI) inflows increased by  $1.007 billion  in 2020, according to the latest World Investment Report (WIR 2021) from the UN Conference of Trade and Development (UNCTAD). The annu

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Bahrain’s FDI inflows reach $1 billion in 2020

Bahrain’s foreign direct investment (FDI) inflows increased by  $1.007 billion  in 2020, according to the latest World Investment Report (WIR 2021) from the UN Conference of Trade and Development (UNCTAD). The annu

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GCC banks’ net profit in 2020 falls 30.6% to $25.4bn

The net profit posted by GCC listed banks declined from $36.6 billion in 2019 to $25.4 billion in 2020, marking a fall of 30.6% as the pandemic resulted in financial disruptions the world over, said professional services firm KPMG in a new repor

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Abu Dhabi's non-oil foreign trade tops $54bn in 2020

Abu Dhabi's non-oil foreign trade reached more than AED201.2 billion ($54.7 billion) during 2020, distributed to imports which worth AED92.5 billion, exports with AED73.46 billion, and re-exports with AED35.26 billion, a media report said.

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Abu Dhabi's non-oil foreign trade tops $54bn in 2020

Abu Dhabi's non-oil foreign trade reached more than AED201.2 billion ($54.7 billion) during 2020, distributed to imports which worth AED92.5 billion, exports with AED73.46 billion, and re-exports with AED35.26 billion, a media report said.

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