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DEWA began using AI in 2017 and was one of the first utilities globally to implement Microsoft’s Copilot
Projections were informed by critical factors and data, based on an average oil barrel price of $60
Both oil contracts are on track to achieve a second consecutive weekly increase
Crude oil WTI futures for February delivery also surged 0.7 percent to $71.75 per barrel
Since 2015, the UAE diesel and petrol prices have been moving in line with the international markets.
WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel
Abu Dhabi approved in 2024 a total of 144 projects with a budget of $17.97 billion
These contracts are integral to the ongoing initiatives to boost the country's electrical infrastructure and ensure its long-term viability
This marks the first direct link between the Eastern Region and the Red Sea destination
U.S. West Texas Intermediate crude saw an 8-cent decline, bringing it to $70.52 a barrel
This initiative aims to accelerate the emirate's transition to a low-carbon economy and decarbonize high-emission sectors
Year-end profit-taking and portfolio rebalancing contributed to the lower trading volumes
National non-oil exports, excluding re-exports, saw a rise of 5.1 percent
Brent oil futures increased by 0.2 percent, reaching $73.71 a barrel
Using AI and IoT, the smart grid ensures efficient, reliable, and sustainable operations
UAE non-oil trade with Croatia reaches $110.7 million in 2023
The budget empowers agencies to fund initiatives, provide housing for citizens, and upgrade tourism infrastructure
Non-oil GDP growth is projected to remain robust at 4.9 percent in 2024 and 5.0 percent in 2025
Brent oil futures for February rose by 0.4 percent to $72.91 a barrel
Brent crude futures for February rose by 0.4 percent to $73.20 a barrel
Brent oil futures set to expire in February slipped 0.5 percent to $72.49 a barrel
The loan is aimed at enhancing fiscal sustainability and facilitating the green transition in the southeastern European nation
The company reported 51 percent revenue growth in integrated logistics for 2024
Brent oil futures for February delivery decreased by 0.5 percent to $73.02 per barrel
