Labor Ministry: 100% Saudization of 20 hospitality jobs as of next year | ZAWYA MENA Edition:
The Minister of Labor and Social Development Eng. Ahmed Al-Rajhi has issued a decision to Saudize the management, and leading and specialist professions in the tourism hospitality sector.
The decision includes hotels classified as 3-star and above, resorts, hotel suites, and villas classified as 4-star and above.
The ministry’s decision stipulates 100 percent Saudization of jobs in the tourism hospitality sector in three tracks.
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Saturday, 27 July 2019
#AbuDhabi Securities Exchange issues guidelines for listed companies | ZAWYA MENA Edition
Abu Dhabi Securities Exchange issues guidelines for listed companies | ZAWYA MENA Edition:
Abu Dhabi Securities Exchange (ADX) has issued Environmental Social & Governance (ESG) disclosure guidelines for listed companies.
The launch of this set of 31 Key Performance Indicators (KPIs) is aligned with ADX strategy which is designed to support economic growth, while providing a sustainable trading environment and encouraging the business community to adopt societal sustainability practices. It will also raise the standard of governance, by putting into operation sustainability standards and integrating them into both ADX strategy and listed companies alike.
Khalifa Salem Al Mansouri, Acting Chief Executive of ADX said: "ADX has made a formal commitment to drive sustainability in financial markets by becoming a partner exchange of this United Nations-led ‘The Sustainable Stock Exchanges’ initiative. We have carried out this programme to support our listed issuers in their sustainability reporting journey. The ESG Disclosure Guidance represents a natural evolution of our status as a regional-leading exchange, stemming from ADX’s status as a member of the Sustainability Group in the World Federation of Exchanges." The newly-released standards "will enhance ADX’s competitivene
Abu Dhabi Securities Exchange (ADX) has issued Environmental Social & Governance (ESG) disclosure guidelines for listed companies.
The launch of this set of 31 Key Performance Indicators (KPIs) is aligned with ADX strategy which is designed to support economic growth, while providing a sustainable trading environment and encouraging the business community to adopt societal sustainability practices. It will also raise the standard of governance, by putting into operation sustainability standards and integrating them into both ADX strategy and listed companies alike.
Khalifa Salem Al Mansouri, Acting Chief Executive of ADX said: "ADX has made a formal commitment to drive sustainability in financial markets by becoming a partner exchange of this United Nations-led ‘The Sustainable Stock Exchanges’ initiative. We have carried out this programme to support our listed issuers in their sustainability reporting journey. The ESG Disclosure Guidance represents a natural evolution of our status as a regional-leading exchange, stemming from ADX’s status as a member of the Sustainability Group in the World Federation of Exchanges." The newly-released standards "will enhance ADX’s competitivene
London Stock Exchange confirms talks to buy Refinitiv for $27bn | Financial Times
London Stock Exchange confirms talks to buy Refinitiv for $27bn | Financial Times:
The London Stock Exchange Group has confirmed that it is in advanced talks to buy Refinitiv in a $27bn deal that would turn it into a global exchanges and data powerhouse.
The statement came after talks between the parties were revealed by the Financial Times earlier on Friday.
A deal for Refinitiv, carved out of Thomson Reuters only last year in a deal with Blackstone, would transform the LSE into the main rival to billionaire Michael Bloomberg’s financial news and data empire with annual combined revenues of more than £6bn.
The London Stock Exchange Group has confirmed that it is in advanced talks to buy Refinitiv in a $27bn deal that would turn it into a global exchanges and data powerhouse.
The statement came after talks between the parties were revealed by the Financial Times earlier on Friday.
A deal for Refinitiv, carved out of Thomson Reuters only last year in a deal with Blackstone, would transform the LSE into the main rival to billionaire Michael Bloomberg’s financial news and data empire with annual combined revenues of more than £6bn.
U.S. approves commercial service for Sempra Louisiana Cameron LNG export plant - Reuters
U.S. approves commercial service for Sempra Louisiana Cameron LNG export plant - Reuters:
U.S. energy regulators on Friday approved Sempra Energy’s request to commence commercial service of the first liquefaction train at its $10 billion Cameron liquefied natural gas export (LNG) terminal in Louisiana.
The plant exported its first cargo in May, making it the fourth big LNG export terminal operating in the United States. In total, the facility has exported four cargoes, according to data firm Refinitiv.
Natural gas use is growing fast around the world as countries wean their industrial and power sectors off coal as they seek cleaner forms of energy. Gas emits about half the carbon dioxide of coal when burned.
U.S. energy regulators on Friday approved Sempra Energy’s request to commence commercial service of the first liquefaction train at its $10 billion Cameron liquefied natural gas export (LNG) terminal in Louisiana.
The plant exported its first cargo in May, making it the fourth big LNG export terminal operating in the United States. In total, the facility has exported four cargoes, according to data firm Refinitiv.
Natural gas use is growing fast around the world as countries wean their industrial and power sectors off coal as they seek cleaner forms of energy. Gas emits about half the carbon dioxide of coal when burned.