ABU DHABI: Emirates Stallions Group (ESG), the construction and real estate investor owned by International Holding Company (IHC), will start trading its shares on Abu Dhabi Securities Exchange’s second market on May 31, ADX said in a statement. IHC said on May 6 it planned to list three subsidiaries, including ESG and Al Seer Marine Supplies & Equipment Co. in the second
KUWAIT CITY: A chef in the Middle East has taken the concept of giving back to the community to a new level with his popular farm-to-table project.
“The Community Table idea came about when I was studying and working in Miami,” said Firas Al-Zaid, founder of what has become one of the best-known culinary initiatives in Kuwait.
“I was constantly being inspired by other chefs and farmers, and those experiences evolved into a yearning to create a community back home one that would allow us to grow as one force.”
The result is Community Table, which he launched in 2013 and is locally sourced in every sense. It brings together young Kuwaiti chefs from diverse culinary backgrounds to prepare multi-course menus made with ingredients that come directly from local farms.
OTTAWA: The United States and allies on Thursday asked the United Nations International Civil Aviation Organization (ICAO) to probe the forced grounding of an airliner in Minsk. Meanwhile Belarus insisted there had been no coercion, a source with knowledge of the matter said. ICAO’s 36-nation governing council met on Thursday to examine demands for a probe. Poland, Ireland,
RIYADH: Saudi oil exports surged 75 percent year-on-year in March to SR52.3 billion ($13.95 billion) while non-oil exports rose 43 percent to $5.96 billion, which was the highest level since July 2018, according to official data.
The General Authority for Statistics (GASTAT) report showed that early last year, as the economic impact of the coronavirus (COVID-19) pandemic became evident, oil prices fell in March to around $34 a barrel.
Oil remained the dominant export in the month, accounting for $19.91 billion or 70 percent of exports.
Oil prices were slightly lower on Thursday. Brent was down 60 cents, or 0.9 percent, to $68.27 a barrel while US West Texas Intermediate (WTI) crude fell 57 cents, or 0.9 percent, to $65.64 a barrel.