DIRS.INFO The most relevant business & tech news

☆ Saudi Arabia parts ways with the CEO of Neom, its new desert megacity
▼ + stars: | 2024-11-12 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

The CEO of Neom, Nadhmi al-Nasr, has stepped down from the role after six years. Saudi Arabia's ambitious megacity scaled back targets earlier this year. AdvertisementThe CEO of Saudi Arabia's ambitious Neom project has abruptly stepped down after six years in the role. It's a key part of Saudi Arabia's Vision 2030 project that aims to diversify the kingdom's economy away from oil by launching new industries and attracting more tourists. Neom has also faced staffing challenges, with reports earlier this year that two executives were involved in a physical confrontation.

Persons: Nadhmi al, Nasr, Neom, —, Nadhmi, Aiman, Malcolm Aw, Abdul Rahim al, Antoni Vives Organizations: Service, Saudi, Street Journal, Public Investment Fund, Journal, Neom Locations: Saudi, Saudi Arabia

☆ Saudi Arabia will reportedly give a select group of visitors a first glimpse of Neom, showing them Sindalah — a luxury island retreat in the Red Sea
▼ + stars: | 2024-10-25 | by ( Nora Redmond | ) www.businessinsider.com time to read: +3 min

Some guests at Saudi Arabia's annual investment conference will have the chance to visit part of Neom. A group of visitors will be taken to Sindalah, an island retreat in the Red Sea, Bloomberg reports. AdvertisementAs guests descend upon Saudi Arabia for a major annual investment conference, some will have the opportunity to see the country's futuristic megacity, Neom, firsthand. Days before the conference begins, a select group of guests has been invited to visit Sindalah Island, per Bloomberg. Sindalah is a luxury island complex in the Red Sea off Saudi Arabia's west coast designed as a "unique escape" for visitors to Neom.

Persons: Neom, —, BlackRock's Larry Fink, Goldman Sachs, David Solomon, Citigroup's Jane Fraser, Julia Hoggett, Ken Griffin, Sindalah, Prince Mohammed bin Salman, Malcolm Aw Organizations: Saudi, Bloomberg, Service, Investment Initiative, London Stock, Solar, Business Locations: Neom, Red, Saudi, Saudi Arabia, Riyadh, Sindalah

Through the Family Life Center, her Maui-based nonprofit organization, Cumming planned to build an 88-unit village of modular homes. Workers at the Family Life Center tiny home development, known as Ohana Hope Village, in January. Maude Cumming, CEO of the Family Life Center, in a tiny home at Ohana Hope Village in January. The first 10 families will soon move into a temporary housing project designed to shelter 1,200 people for up to five years. Keys and the plans for tiny homes at the Family Life Center development.

Persons: Maude Cumming, Cumming, ” Cumming, Sarah L, Voisin, JB Rutagarama, Josh Green's, ” Green, Keys, “, ”, Green Organizations: Life Center, Workers, Washington, Getty, Homes, Hope, NBC, Rural Health Association, Gov, Life, NBC News, of Human Services, Airbnb, Human Services Department Locations: LAHAINA, Hawaii, Lahaina, Maui, Kahului, Hawaiʻi

☆ Energy CEO said he canceled a $100M contract with Neom when he realized the Saudis were bulldozing villages to make space
▼ + stars: | 2024-05-10 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Malcolm Aw said he pulled out of a Neom contract because of alleged Saudi human rights abuses. AdvertisementA green energy founder pulled out of a $100 million Neom contract after he realized that the Saudis were bulldozing villages to make way for the megacity. AdvertisementHowever, satellite images analyzed by the BBC showed three villages, including schools and hospitals, were destroyed to make way for Neom. Aw's company uses solar energy for desalination, while most desalination plants burn fossil fuels and have been found to pollute oceans. "You know, we have the technology to solve the [green energy] problem that people are complaining about today.

Persons: Malcolm Aw, —, Neom, Mohammed bin Salman's, Aw, Col Rabih Alenezi, Abdul Rahim al, Aw Boon Haw, Fatima al, Shawarbi, there's Organizations: Solar Water, Service, Solar, Saudi, BBC News, BBC, Neom, UN, BI, Bloomberg Locations: Saudi, Saudi Arabia, Dubai, Qatar, Neom

☆ Gen X and boomers love Temu. I asked them why.
▼ + stars: | 2024-02-04 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Recent research showed that boomers and Gen Xers shopped more frequently on Temu than younger people. I was surprised when I read a research study recently that said that Gen X and boomer Temu shoppers tended to spend slightly more per order and placed orders more often than younger shoppers. AdvertisementSo I asked readers who were boomers or Gen Xers to write in and tell me: Why do they love Temu so much? The Gen X and boomers denied this — most of them said they ignored the annoying roulette wheels. —LanieA variety of items bought by a Gen Xer on Temu Kristy MeeksA crafter who gets jewelry-making supplies:I shop on Temu mostly for jewelry, crafting and jewelry supplies.

Persons: Gen Xers, —, fanny, Elsa, X, Temu, Xers, Tyrone A, I'm, They're, it's, — Linda, Kristy Meeks, Lydia, I've, Randy, Bill Craft supples, Bill Eldridge The Organizations: Service, Amazon Locations: Temu, Toronto, China

☆ He moved from Reno to rural Portugal, bought a house for $300,000, and makes travel videos for a living: How one American guy pieced together his dream life at 32
▼ + stars: | 2023-09-11 | by ( Amanda Goh | ) www.businessinsider.com time to read: +13 min

Dave Alastair moved from Reno, Nevada, to a rural province 45 minutes north of Lisbon, Portugal, in 2022. He bought a three-bedroom house with a pool for $300,000 and says he appreciates his new laidback lifestyle. The exterior of Dave Alastair's house in Portugal. "My neighbors within a mile have tons of wine vineyards, so I'm guessing this was all wine country back then." Buying property in Portugal as a foreigner can be challenging because of the legalities of the process, he said.

Persons: Dave Alastair, Alastair, Dave, Sara, Dave Alastair's, there's, it's, Portugal Alastair, they're, you'll, he's, you've, Amanda Goh Organizations: Service, YouTube Locations: Reno , Nevada, Lisbon, Portugal, United States, Wall, Silicon, American, Nevada, Europe, Algoz, Lisboa, Reno, Dave, America, agoh@insider.com

☆ This couple bought a rundown farmhouse in Portugal. Here’s what happened next
▼ + stars: | 2023-07-20 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +13 min

Adventurous projectAlan Andrew and Vincent Proost purchased a rundown Portuguese farmhouse in 2019. have a completely new life in Portugal, and say they couldn't be happier. Although they describe Casa Baio as a “modern farmhouse,” they say they’ve tried to incorporate as many traditional local materials, including handmade terracotta tiles, along with floor tiles made from local marble, as possible. Andrew and Proost say they try to use regenerative organic practices on the farm, which is certified organic. Andrew and Proost say they’ve definitely noticed an increase in the amount of people from the US relocating to Portugal, particularly in Alentejo.

Persons: CNN —, Alan Andrew, Vincent Proost, ” Andrew, ”, Andrew, Figueira e Barros, “, “ It’s, Casa, Duarte Bivar, they’ve, Proost, who’s, It’s, ” They’re, – Andrew, who’ve, Antonio Costa, they’re, he’s, “ We’re, I’m, I’ve, … Organizations: CNN, CNN Travel, Baio, London International Olive Oil, Portugal –, Casa Baio, –, “, EU Locations: Pennsylvania, Belgian, Portugal, Alentejo, London, Europe, Italy, Lisbon, Savanna, Tuscany, ”, Figueira, Belgium, That’s, Estremoz, “, California, Porto

☆ Three die, farmland and trees damaged as storms sweep across China
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +2 min

BEIJING, June 11 (Reuters) - Three people died in eastern China after strong winds toppled a shipyard crane, authorities said on Sunday, as storms caused damage across the country, including large swaths of farmland. In Nanjing, the capital of Jiangsu province in eastern China, large trees were felled on Saturday, crushing vehicles and blocking roads, local media reported. The measures include 275 million yuan for prizes to family farms and cooperatives to encourage high yield, CCTV reported. On Friday, heavy rain hit parts of southwest China, including Guangxi, engulfing roads and partially submerging buildings. ($1 = 7.1273 Chinese yuan renminbi)Reporting by Ellen Zhang and Martin Quin Pollard; William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Hailstorms, Ellen Zhang, Martin Quin Pollard, William Mallard Organizations: Twitter, CCTV, Liaoning Meteorological Service Centre, Thomson Locations: BEIJING, China, Wuhu, Nanjing, Jiangsu, Liaoning, Wafangdian, Henan, Guangxi, rainstorms, Guangdong, Hainan, Hubei, Guangzhou

Search resuls for: "Solar Water"

8 mentions found