Tue, 21-Oct-2025

Five additional companies, including DiNapoli will reveal political spending

political

Verisign and Las Vegas Sands are among five more U.S.-based companies to disclose political spending. The agreements were reached with the New York State Common Retirement Fund. A record 370 S&P 500 companies in 2021 will have disclosed political spending or prohibited it, a study says. Five extra U.S.- based organizations have consented to reveal … Read more

Saudi Arabia approves new authority for Red Sea

RIYADH: Saudi Arabia is taking more steps to develop and protect the Red Sea, which the kingdom deems to be a big contributor to the growth of its tourism industry, Arab News reported. The Saudi Cabinet approved on Tuesday the establishment of a new body to protect the coral reefs and sea turtles in the Red Sea, … Read more

Women economic empowerment essential to develop society: ambassador

Women economic

ISLAMABAD: Women economic and social empowerment is essential for the development of any society and also for sustainable economic development, the Italian envoy said. In Pakistan, women are leading the economic and political arena and there are huge opportunities for women also in the Small and Medium Enterprises (SMEs) sector, Ambassador Andreas Ferrarese told APP, … Read more

Egypt to manufacture first electric vehicle in a year

CAIRO: In a bid to switch to clean energy, Egyptian authorities signed an agreement with a private sector company to develop a mechanism to manage the operations of electric vehicles in the country, Arab News reported. The Engineering Automotive Industry Co, a subsidiary of the Holding Company for Metallurgical Industries with Bright Skies. Minister of Public Business … Read more

Agreement signed to promote innovation sector in Pakistan

KARACHI: The Special Technology Zone Authority (STZA) and Khadim Ali Shah Bukhari (KASB) Institute of Technology (KASBIT) have signed a memorandum of understanding (MoU) to develop a Special Technology Zone for the provision of a high-tech business environment to companies, including startups, SMEs and multinationals so that the innovation sector can be promoted in Pakistan, … Read more

Saudi Arabia launches project to promote algae industry

RIYADH: Saudi Arabia’s National Fisheries Development Programme has launched a project to develop commercial algae technology and promote localisation of the algae industry in the kingdom, Arab News reported. The fisheries development programme comes under the purview of the Saudi Ministry of Environment, Water and Agriculture. Ali Al-Shaikhi, the CEO of the programme, said the project aims … Read more